P3 Cost Analysts Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$67,075 - $82,675
Franchise Fee
$54,500
Min Cash Required
$4,500
Total US Locations
46
Business Summary
P3 Cost Analysts Franchise offers individuals the opportunity to operate their own cost reduction consulting business. Franchisees meet with prospective business clients to educate them on potential savings and collect their vendor invoices. P3 Cost Analysts' auditing staff then analyzes these invoices to identify errors, overcharges, and opportunities for cost reduction. If savings are found and approved by the client, P3 Cost Analysts will bill the client for a share of the savings and then remit the revenues to the franchisee, after deducting audit and administrative service fees. If no savings are identified, the client owes no fee, making the engagement risk-free for the client.
Corporate History
P3 Cost Analysts Franchise, LLC was formed as an Arkansas limited liability company on September 9, 2018, and began offering its cost reduction consulting franchises on December 7, 2018. The company operates under the trade names P3 Cost Analysts and P3 Waste Consulting. Its parent company, Old Arkana, Inc., also does business as P3 Waste Consulting and offers similar cost reduction consulting services. Prior to establishing the franchise program, Old Arkana, Inc. maintained a small network of independent salespeople called "affiliates," but since the launch of the franchise program, P3 Cost Analysts Franchise has focused solely on selling and supporting new franchisees.
Financial Overview
Investment Range
$67,075 - $82,675
Franchise Fee (Low)
$54,500
Franchise Fee (High)
$59,500
Minimum Cash Required
$4,500
Royalty %
60%
Equipment Costs (Low)
$400
Equipment Costs (High)
$2,600
Working Capital
$6,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
P3 Cost Analysts Franchise appears to be in good financial health, showing positive working capital, consistent net income, and positive cash flow from operations for the years ending December 31, 2024, 2023, and 2022. The independent auditors did not express substantial doubt about the company's ability to continue as a going concern.
Financing Details
P3 Cost Analysts Franchise does not offer any direct or indirect financing to its franchisees. The franchisor also does not guarantee any loans, leases, or other obligations for franchisees.
Performance Metrics
Total US Locations
46
Franchised Units
45
Corporate Units
1
Franchising Since
2018
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
P3 Cost Analysts Franchise has no litigation or legal disputes to report.
Bankruptcy History
P3 Cost Analysts Franchise has no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
P3 Cost Analysts Franchisees can renew their agreement for two additional five-year terms if they meet certain conditions. These include providing written notice of their intent to renew 6 to 12 months before the current term ends. Franchisees must be in good standing, meaning they have no defaults under the agreement or any other agreements with P3 Cost Analysts Franchise or its affiliates, and have satisfied all monetary obligations. They must also complete any ongoing training P3 Cost Analysts Franchise requires, pay a successor fee of $2,500, and sign a general release of claims against P3 Cost Analysts Franchise. Finally, their business operations must be in full compliance with the System.
Training & Support Program
Franchisor Assistance
P3 Cost Analysts Franchise provides pre-opening assistance by furnishing written specifications for business operation and management, designating initial inventory including required computer software, and lending the Operating Manual. A mandatory three-week virtual Initial Training Program is provided, covering client targeting, sales, understanding the business model, data collection, and software use. Ongoing support includes general advisory assistance and field support, updates to the Operating Manual, and periodic inspections and evaluations of the franchised business. Franchisees also receive up to five days of ongoing training and meetings annually, which can be virtual or at designated locations, and may attend annual conventions and conference calls.
Initial Training Hours
120
Training Location
Virtual or at a Designated Location
Ongoing Support
P3 Cost Analysts Franchise provides ongoing support through general advisory assistance and field support, updates to the Operating Manual, and periodic inspections and evaluations of the franchised business and its operations. Franchisees receive up to five days of ongoing training and meetings per year, which may be at designated locations or through virtual classes. The franchisor may also host annual conventions and conference calls that include education and training.
Franchise Requirements
Ideal Candidate Profile
P3 Cost Analysts Franchise generally seeks franchisees who will operate their business on a full-time basis, though exceptions can be made for existing business owners who demonstrate the ability to effectively manage both ventures or for individuals with a significant professional network and executive connections that align with potential P3 Cost Analysts clients. If the franchisee is an entity, the designated Operating Principal must be approved by the franchisor, devote their best efforts to the business, have full authority over operational decisions, and must not have interests in competing businesses.
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Hands-On
Territory Type
Limited
Territory Size Requirements
P3 Cost Analysts Franchise defines each territory as a "Geographic District" which is comprised of approximately 200,000 people. These districts are defined by zip codes and are based on a particular area surrounding or near the franchisee's approved office location.
Staffing Notes
P3 Cost Analysts Franchise gives franchisees sole discretion over hiring employees and makes them entirely responsible for all employment decisions, including hiring, firing, compensation, and supervision, in compliance with all relevant laws. Franchisees are responsible for establishing their own employment policies and should consult local legal counsel. Managers and any staff with access to confidential information must sign confidentiality and non-compete agreements.