1997
320
$73,000
$73,000
$85,000
Yes
Schooley Mitchell is the largest independent cost reduction consulting firm in North America, helping businesses optimize their expenses and improve their bottom line. With a vast network of franchisees across the U.S. and Canada, Schooley Mitchell delivers objective, data-driven recommendations that reduce costs in areas like telecommunications, merchant services, shipping, utilities, waste, and more—without compromising service quality. Clients only pay when savings are found, making this a no-risk, high-value proposition for businesses of all sizes.
As a franchise owner, you’ll provide much-needed cost consulting services to local businesses while benefiting from a proven system, extensive training, and ongoing support. This white-collar, B2B opportunity is ideal for professionals with backgrounds in sales, consulting, or executive leadership. Schooley Mitchell offers a scalable business model with recurring revenue potential, allowing you to work from home, control your schedule, and make a real impact in your business community.
Established: 1997
First Unit Franchised: 2001 in Canada and 2004 in the USA
Franchised Units: 320
Company Owned Units: 1
States Registered In: ALL Canada and ALL US
Financial Assistance Provided: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: No
Co-Operative Advertising: No
Training: With approximately 150 staff members at Schooley Mitchell's corporate office, we support franchisees with access to our sales and operational tools, client solutions, marketing team, constantly improving technology, and any other resources needed to turn this franchise opportunity into a profitable business.
For new franchisees, we offer a six-day virtual training course with live interactive instructors. After these six days, franchisees continue to receive ongoing training and support through several programs designed for their success.
Owner's Daily Activities: A day in the life of a Schooley Mitchell Franchisee is absolutely up to the individual, and there are many options in terms of how to operate the business. It is certainly a relationship-building business – our franchisees spend much of their time engaging with prospective clients, networking in their business community, presenting our professional reports, and establishing relationships with professionals and associations that will lead to business opportunities.
It can be very valuable to get out and meet with the business-to-business professionals in your community, whether that’s over lunch or just coffee. We strongly suggest these meetings as a key aspect in building relationships and starting your business.
Some of our Franchisees spend a few hours a week cold calling. Others don’t do it at all. Some people use telemarketing services – either in-house through head office or through outsourcing – to set appointments and meet with prospective clients. Many Franchisees meet with salespeople from other industries to set up paid referral relationships in order to set up a client flow from that source. Many join Chambers of Commerce, BNIs and similar networking groups in their areas.
One thing that is also worth mentioning is that none of these activities require somebody to be an extrovert, or to have a sales background. Our most successful franchisees listen to their prospects and clients, and use stories to indicate how our services can help their clients. If a franchisees understands the importance of building trust and listening to the needs and wants of prospects and clients, this business will be a good fit.
Ideal Candidate: We require aspiring franchisees to have executive, management, sales, marketing, or consulting backgrounds – and we can teach the rest. Many of our most successful franchisees had no experience in the areas we consult to before joining Schooley Mitchell. With our comprehensive training programs, support systems, tools, and software, we provide all the resources needed to be successful.
Cash Investment: $73,000 (includes 52 weeks of sales and marketing coaching)
Total Investment: $73,000 - $85,000
Minimum Net Worth: $150,000
Minimum Liquidity: $100,000
Franchise Fee: $73,000
Royalty: 8%
Ad: 2%
Average Number of Employees: 0-4
Passive Ownership: No
Semi-Passive Ownership: Yes
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: No
Vet Discount: $5,000 off franchise fee
NOTE: *Currently offering a 12 month royalty exemption for new franchisees who are introduced to us before June 30, 2025.*
We offer a Builder Franchise Program for those Candidates that want to start as a part-time Franchisee, and then build to a full-time business as they continue in their current employment! The franchise fee will not change. There are a few tweaks to our system to allow for this structure, but the same training, support, and system will be provided for Builder Franchisees just the same as full-time Franchisees.
We are excited to announce a new Development Franchise option for Candidates. While we know that not everyone wants to hire people and develop various territories, we also know there are some people that would like to build a big business. We have developed this option for those people. The Franchisee will be able to develop up to 10 territories simultaneously with this model. The Franchise Fee for this model will be $250,000.
