factual

Who must directly supervise the Exit business 'on premises'?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

Your business must be directly supervised "on premises" by a manager who has successfully completed EXIT's training programs. The on-premises manager cannot have an interest or business relationship with any of EXIT's competitors. The manager need not have an ownership interest in your corporate or partnership Franchise. The manager must sign a written agreement to maintain confidentiality of the proprietary information described in ITEM 14 and to conform with the covenants not to compete described in ITEM 17 of this Disclosure Document.

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 27)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, the franchise business must be directly supervised 'on premises' by a manager who has successfully completed Exit's training programs. This manager is responsible for the day-to-day operations and oversight of the Exit location.

The FDD specifies that the on-premises manager cannot have any business interests or relationships with Exit's competitors, ensuring their undivided loyalty and focus on the success of the Exit franchise. However, the manager is not required to have an ownership stake in the franchise, even if the franchisee operates as a corporation or partnership.

Furthermore, the manager must sign a written agreement to maintain the confidentiality of Exit's proprietary information, as detailed in ITEM 14 of the FDD, and to adhere to the non-compete covenants outlined in ITEM 17. This agreement protects Exit's trade secrets and competitive advantages. This requirement ensures that the manager is legally bound to protect Exit's interests and uphold the standards of the franchise system.

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.