factual

What floor plan options are available for my Exit office space?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

1. The following information is deemed a part of the EXIT Realty Corp. Franchise Agreement between Subfranchisor and the party identified below dated [date from page 1 of franchise agreement], 20
2. The name of this territory is
3. The grid population for this territory type grid (Rural/low/medium or high density. Please indicate) is making this a
4. The minimum office space requirement shall be:
a)
Rural density –
750
square feet
b)
Low density –
1,000 square feet
c)
Medium density –
1,500 square feet
d)
High density –
2,000 square feet

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

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, the minimum office space requirement for an Exit franchise varies based on the density of the territory. For a rural density territory, the minimum office space is 750 square feet. In a low-density territory, the requirement increases to 1,000 square feet. For medium-density territories, a minimum of 1,500 square feet is required, and for high-density territories, the minimum office space must be 2,000 square feet.

This means that a prospective Exit franchisee needs to consider the population density of their chosen territory when planning their office space. The higher the density, the larger the required office space, which will impact leasing costs and overall operational expenses. It is important for franchisees to accurately assess the density of their territory to ensure they meet the minimum space requirements set by Exit.

These minimum space requirements are part of the Exit Realty Corp. Franchise Agreement between the subfranchisor and the franchisee. The specific territory details, including density and geographical boundaries, are documented in the agreement. Franchisees should carefully review these details to understand their obligations and ensure compliance with Exit's standards. The agreement also includes a map of the protected territory for further clarification.

In summary, Exit does not offer standardized floor plans but instead mandates minimum square footage based on territory density, giving franchisees flexibility in designing their office layout while adhering to the brand's spatial requirements. This approach allows franchisees to tailor their office space to the specific needs of their market, provided they meet the minimum square footage thresholds.

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.