When is the annual membership fee due for Exit Associates after the first year?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPT]
4. Annual Membership
EXIT Formula (U.S. Version Rev. 03.23.25)
a) Each EXIT Associate shall pay to EXIT an Annual Membership of $425.00. The Annual Membership is non-refundable and is due and payable on the Effective Date of the Sales Representative's Agreement or the date the person becomes a part of the EXIT System, as applicable, and on each July 1st thereafter. The Annual Membership for the first year shall be prorated based on the number of days to the following July 1st.
- d) Franchises are responsible for the payment and collection of the Annual Membership from EXIT Associates. Franchise shall pay the Annual Membership to EXIT immediately upon the date that the new Sales Representative or EXIT Associate Agreement is signed and upon the annual renewal date of July 1st. Payment shall be by electronic funds transfer or by Franchise's check. Annual Membership payable on the July 1st renewal date may also be paid online directly by EXIT associates by VISA® or MasterCard®. Personal checks will not be accepted.
- e) Any amount not paid by the seventh (7th) day after its due date shall be charged a late fee of $50.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the annual membership fee for Exit Associates is $425.00. After the first year, the annual membership fee is due on July 1st of each year. The annual membership fee is non-refundable.
Franchises are responsible for collecting the annual membership fee from Exit Associates and paying it to Exit. Payment must be made immediately upon the annual renewal date of July 1st. Payment can be made via electronic funds transfer or by the Franchise's check. Exit Associates can also pay online directly using VISA® or MasterCard®. Personal checks are not accepted.
If the annual membership fee is not paid within seven days of the due date, a late fee of $50 will be charged. It's important for franchisees to ensure timely collection and payment of these fees to avoid penalties and maintain good standing with Exit.