1030 Erie Street
The franchisor is 1073355 Ontario Limited, operating as SCHOOLEY MITCHELL TM. They are an Ontario corporation that was incorporated on April 25, 1994. Their principal business address is 1073355 Ontario Limited, O/A SCHOOLEY MITCHELL TM, 91 Brunswick Street, Stratford, Ontario, N5A 3L9. They began offering franchises for SCHOOLEY MITCHELL TM locations in April of 2004.
The SCHOOLEY MITCHELL® franchise which we offer is a professional consulting business. The core service offered by SCHOOLEY MITCHELL® offices consists of a review of defined costs for certain specified services and equipment that a client incurs. The Schooley Mitchell office then prepares a report summarizing the client's existing services and costs, and provides the client with solutions, advising them about how they can improve their system and/or reduce costs. We offer a Franchise Agreement for the development and operation of a single office at a specified location. We do not offer to each franchisee a “Protected Territory”. We do not conduct any business activities other than franchising and cost reduction consulting
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Franchimp Summary Rating
8/10
Earning Transparency
7/10
Investment Accessibility
8/10
$926,751 / unit
Average Revenue During 2020Consulting Services
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Upfront Franchise Fees
Minimum: $73,800 Maximum: $73,800
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $75,300 Maximum: $85,550
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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