factual

What are the consequences if an Exit franchisee signs up for training but fails to attend?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

ng course conducted for franchisees at a predetermined location by Subfranchisor or EXIT. There are no charges for the training course or manuals for approved attendees from each Franchise. However, Franchisee is responsible for its travel, lodging, meals, and related expenses. Franchisee agrees to pay EXIT $500.00, if Franchisee signs up and fails to attend the training of

Source: Item 23 — RECEIPT (FDD pages 42–235)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, if a franchisee signs up for the initial training program but fails to attend, or cancels with less than thirty days' notice to Exit, the franchisee agrees to pay Exit $500. If the franchisee cancels within 10 days or less, then the cancellation fee is $1,000.

This policy ensures that franchisees are committed to attending the training once they register, as failure to do so can disrupt the training schedule and incur costs for Exit. The cancellation fees incentivize franchisees to provide sufficient notice if they cannot attend, allowing Exit to make necessary adjustments.

It is important for prospective Exit franchisees to be aware of these financial penalties and to plan their attendance carefully. They should also inquire about the possibility of online training, as Exit has the option to conduct some or all of the training online, which could potentially reduce travel and lodging expenses.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.