Schooley Mitchell
The total investment to open a Schooley Mitchell franchise ranges from $75,300 to $85,550. The initial franchise fee is $73,000. Ongoing royalties are 3% plus a 3.5% advertising fee.
What is the Schooley Mitchell franchise?
Businesses facing a more complex and competitive economy continue to look for ways to control operating expenses without weakening core operations or quality. That need supports the Schooley Mitchell franchise opportunity, a business to business consulting model focused on expense reduction. The company’s founding history varies by source, with dates cited as 1983, 1994, 1997, 1998, and the early 2000s. Its development began with accounting, computer, and management consulting before expanding into telecommunications consulting in the late 1990s. Current franchise data identifies 2004 as the founding year of the present Schooley Mitchell franchise entity and the year its franchising activity began. The company is headquartered in Austin, TX, while its origins are connected to Stratford, Ontario, Canada. Founder Dennis Schooley remains involved, and Beth McMillan is the current President. Current franchise data reports 62 total units, all franchised, with no company owned locations. Other reports cite over 320 franchised offices across North America, 298 US franchises, 227 US locations, or 250 total units. These differences may reflect different reporting periods or collection methods. Schooley Mitchell presents itself as independent from vendors and uses a performance based client model in which fees depend on realized savings. Businesses of many sizes continue to seek better financial efficiency and resilience, supporting demand for this type of cost reduction service.
Schooley Mitchell operates in the Other Management Consulting Services category, a global market that reaches hundreds of billions of dollars and continues to grow as companies adapt, innovate, and control overhead. Economic volatility, regulatory complexity, technology changes, and competitive pressure lead businesses to review spending and seek specialized help identifying cost efficiencies. The company’s clients pay when savings are identified and realized, which reduces the client’s financial risk and can broaden the number of businesses willing to consider an engagement. This approach also addresses increased scrutiny of consulting expenses because the client’s payment is tied to a measurable result. The consulting industry includes many niche and generalist providers. Schooley Mitchell focuses on a broad group of operating expenses, including telecommunications, merchant services, waste management, and utilities. Inflation and supply chain disruptions add pressure for businesses to manage expenses. Potential clients range from small to medium sized enterprises, also called SMEs, to larger corporations. The continuing need to protect margins and improve financial health supports demand for specialized business to business cost reduction services.
The current reported initial franchise fee for a Schooley Mitchell franchise is $73,000. Other sources report fees of $68,000 or $69,000. The 2023 Franchise Disclosure Document listed a standard initial franchise fee of $56,500 and an additional $56,500 for the purchase of multiple franchises at the same time. These differences may depend on the year or the specific offering. The usual payment schedule includes a $2,000 deposit when the license application is submitted, a $5,000 payment when the license agreement is signed, and the remaining balance before comprehensive training begins. Current franchise data places the total initial investment between $75,300 and $85,550. Other reported ranges include $75,500 to $80,750, $71,000 to $81,000, $70,500 to $80,750, and $73,000 to $85,000. The total generally includes the franchise fee, initial training expenses, and working capital estimated at $1,000 to $2,000. The consulting format usually requires less physical infrastructure than a retail operation. Ongoing charges include an 8.0% royalty on gross sales for system support and continuing training, plus a 2% marketing and advertising fund fee. Eligible veterans receive a $5,000 discount on the franchise fee. New franchisees introduced before March 31, 2026, may receive a 12 month royalty exemption. The company is described as an unfunded entity, so the franchise system and its support structure rely on the collective success and contributions of franchisees.
A Schooley Mitchell franchise uses a business to business consulting model that helps companies review operating expenses across several categories. Franchisees commonly work as owner operators. They contact clients, examine current spending, identify inefficiencies, recommend changes, and oversee implementation of savings. The model does not require a substantial retail location, which helps keep overhead low. Daily work centers on client acquisition, financial analysis, presenting recommendations, and managing the savings process. Franchisee compensation is tied to realized client savings and is typically a portion of those savings, often around half. Staffing needs are generally limited. Many owners begin independently or with modest administrative help and add staff as their client base grows. New franchisees receive training in the company’s methods and tools, while system support and ongoing training are covered by the royalty fee. There are no geographic territory restrictions. Franchisees can seek clients anywhere in North America, including the United States and Canada, and can pursue businesses in any business dense metropolitan area regardless of their own physical location. Corporate support includes proprietary software, a knowledge base, and potentially field consultants. There are no stated multi unit requirements, but the broad service area and scalable client model allow owners to build a larger portfolio across different regions.
Public reports and industry benchmarks offer directional information instead. These figures vary and should be reviewed in light of local demand, the franchisee’s sales ability, and the strength of the client pipeline. The model has no inventory costs, limited physical infrastructure expenses, and generally lean staffing needs. Under the contingency based model, clients pay when actual savings are identified and realized, while the franchisee generally receives a portion of the identified savings, often around half. The client’s lower financial risk may support acquisition and retention. Results can also be affected by the number of small to medium sized businesses in the target market, support staff labor costs, and commercial lease rates. Lease expense may be limited because many owners work from home or use a small office.
Schooley Mitchell has expanded across North America since beginning franchising in 2004, although reported unit counts differ. Current franchise data lists 62 total units, all franchised. Other reports cite over 320 franchised offices across North America, 298 US Franchises, 227 US locations, and 250 total units. These numbers may represent different reporting methods or points in the network’s history. The brand has a presence in New York, Ohio, Michigan, Texas, and Washington. Its expansion strategy focuses on business dense metropolitan areas where demand for financial consulting services is high. Opportunities have also been identified in underserved parts of the Southeast and Southwest, where business populations are growing and specialized cost reduction services may be less concentrated. The company’s stated competitive position rests on vendor independence and a performance based, risk free client arrangement. Recommendations are intended to serve the client’s interests, and the no savings, no fee approach removes an upfront financial barrier for prospective clients. Coverage of expenses ranging from telecommunications to waste management gives the franchise system several service areas to pursue as economic conditions change.
Prior cost reduction consulting experience is not required because the franchisor provides training. Useful transferable abilities include relationship building, analytical thinking, and clear communication. A management background or prior entrepreneurial experience can help an owner run an independent business and manage client relationships. The model is suited to an owner operator who takes an active role in finding clients and delivering services because consulting involves direct participation and a business to business sales cycle. Franchisees are not limited to a geographic territory and may acquire clients anywhere in North America. These businesses often have enough operating scale and complexity to benefit from cost reduction consulting. The path from signing the franchise agreement to opening operations is generally efficient because the model does not require a major build out. The specific franchise agreement term is not available. Comparable agreements typically run from 5 to 10 years and may include renewal options. Transfer and resale provisions are generally standard in franchising and would be detailed in the Franchise Disclosure Document.
A buyer considering Schooley Mitchell should review the opportunity through detailed due diligence. The model addresses the ongoing business need to control expenses through vendor independent, performance based consulting. Franchisees may seek clients throughout North America, which gives the model a broad potential service area. PeerSense provides independent franchise research that includes SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and side by side comparison tools. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders. It is not a lender and does not fund or approve loans. Its Schooley Mitchell franchise profile provides additional independent franchise intelligence for evaluating the opportunity.
Loan Activity Score
56/100
SBA Default Rate
16.2%
Active Lenders
13
According to its Franchise Disclosure Document or public business records, Schooley Mitchell has 62 locations, all owned by franchisees. Public SBA loan records show 13 lenders made 68 loans to franchisees of Schooley Mitchell. PeerSense calculates Schooley Mitchell's score as 56 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.
Franchising since 2004 · 62 locations
$75,300 to $85,550
$73,000
62
62 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for Schooley Mitchell
68
Total SBA loans
$129K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Schooley Mitchell
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
16.2%
vs 9.5% peer avg
SBA Loans
68
Total Volume
$8.8M
Active Lenders
13
2 selective
States
27
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Schooley Mitchell based on SBA lending data
SBA Default Rate
16.2%
6.7% above peer avg
SBA Loan Volume
68 loans
Across 13 lenders
Lender Diversity
13 lenders
Avg 5.2 loans per lender
Investment Tier
Low cost entry
$75,300 to $85,550 total
Schooley Mitchell: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2021
14 approvals. The best year on record for Schooley Mitchell.
Top SBA State
Texas
9 SBA financed Schooley Mitchell locations, the densest operator footprint.
Average Loan Size
$129K
Median $150K. Use as a sizing anchor when modeling your own Schooley Mitchell unit.
Lender Concentration
86.7%
Concentrated
Share of Schooley Mitchell approvals captured by the top 3 SBA lenders.
Schooley Mitchell's SBA lending pipeline peaked in 2021 (14 approvals). The last five fiscal years account for 60% of cumulative volume ($5.5M approved). Operator density is highest in Texas with 9 SBA financed locations. Average funded ticket sits at $129K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 86.7% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$779
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Schooley Mitchell, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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