P3 Cost Analysts Franchise
P3 Cost Analysts is a nationwide cost reduction consulting franchise that specializes in auditing and saving businesses, small governments, municipalities money on their waste, telecom, utility and other expenses.
$100,000
$59,500
46
2019
Fayetteville ,AR
Michael Nicholas
About P3 Cost Analysts
With franchise offices across the U.S. P3 Cost Analysts has been helping companies across the nation determine if their spending on utility, telecom, waste and recycling, merchant processing, uniform/linen, managed print, shipping, and property tax expenses are correct and cost effective since 1991. Our services aim to uncover the vendors’ hidden errors and overcharges while determining if there is a more cost effective way for you to be billed.
Employing some of the industry’s leading utility, telecom, waste and recycling, merchant processing, uniform/linen, managed print, shipping, and property tax auditors in the nation, we’ve comprised a team of experienced staff members who continually strive to stay abreast of these industries so our clients don’t have to. Our clientele ranges from small businesses to Fortune 500 companies. Over 90% of the thousands of companies we have helped have realized savings and/or refunds from our audits. Many into the hundreds of thousands of dollars. And all of our clients have the assurance that all of their bills have been verified for accuracy and cost efficiency.
Franchise Unit Trends & Revenue
46
3
$133,908
* in 2023
Franchise Fees
$59,500
Veteran's Fee: $54,500
60.0%
Gross Invoiced Amount
-
Why Choose P3 Cost Analysts?
With P3 Cost Analysts, franchisees approach small and mid-sized businesses in their market and offer auditing services at no upfront charge. Their pitch is simple. If they can save their clients money they share in the savings 50/50 each month. If they can't save their clients money, there is no fee.
At the corporate office, they maintain a stable of auditors that actually do the auditing and realize the savings. So, their franchisees need only do business development and client management.
This is a home-based, B to B, opportunity that allows their franchisees to find saving for their clients once and then share in the savings for months or years to come, creating book of business for the franchisees that has repeat, residual revenue.
There is very little expense, few to no employees and high margins. For anyone with experience and skill in business development, this is a perfect fit.
Starting Costs & Investment Requirements
$60,000 - $65,000
$250,000
$100,000
Training & Support
3 weeks of virtual LMS training (12-15 hours per week)
No in-person training necessary – this is a simple business to launch!
They provide all ongoing operational fulfillment for the franchisees business. They do all of the bill auditing. They handle all negotiations and relationships with the vendors. They do all monthly invoicing and collections.
History
P3 was established in 1991 and has been franchising since 2019. Employing some of the industry’s leading utility, telecom, waste and recycling, merchant processing, uniform/linen, managed print, shipping, and property tax auditors in the nation, we’ve comprised a team of experienced staff members who continually strive to stay abreast of these industries so our clients don’t have to. Our clientele ranges from small businesses to Fortune 500 companies. Over 90% of the thousands of companies we have helped have realized savings and/or refunds from our audits. Many into the hundreds of thousands of dollars. And all of our clients have the assurance that all of their bills have been verified for accuracy and cost efficiency.
Ideal Candidate
Generally speaking, P3 is looking for individuals with a strong background in business development and sales. They want owners who understand the realities of prospecting, appointment-setting and presenting.
P3 Cost Analysts franchisee can build incredibly significant businesses with impressive top-line revenues working from home, without any employees.
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