From whom did Bill Pankonin acquire the rights to sell Exit franchises in Illinois, and when did this occur?

According to Exit's 2025 Franchise Disclosure Document, Bill Pankonin, operating through Upper Midwest Realty Acquisitions, LLC, acquired the rights to sell Exit franchises in the state of Illinois on January 2nd, 2018. The rights were purchased from Legacy Success Group, LLC.

This acquisition is significant because it defines Pankonin's territory and authority as a subfranchisor within the Exit system. As a subfranchisor, Pankonin has the right to sell franchises to individuals within Illinois, playing a key role in the expansion of the Exit brand in that state.

For a prospective franchisee, this information is relevant because it clarifies who they would be dealing with when purchasing a franchise in Illinois. Instead of working directly with Exit Realty Corp. International, franchisees in Illinois would likely interact with Bill Pankonin and Upper Midwest Realty Acquisitions, LLC for matters related to franchise sales and support. Understanding the structure of subfranchises is crucial for anyone considering investing in an Exit franchise.