When is the Exit franchise Annual Membership fee due?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Annual Membership4 | $425 All equity holders of Franchisee and individuals with an interest in the Franchise must become EXIT Associates and pay Annual Membership. See Note | Annually, on July 1st | Payable to EXIT. |
Source: Item 6 — OTHER FEES (FDD pages 13–15)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the Annual Membership fee is due annually on July 1st. The fee is $425, and all equity holders of the franchisee and individuals with an interest in the franchise must become Exit Associates and pay this annual membership fee. This fee is payable to Exit.
It is important to note that these fees and memberships are subject to change by Exit Realty Upper Midwest or Exit during the term of the agreement. Additionally, memberships and fees may increase by up to 7% annually, as detailed in Section 16 of the Exit Formula.
Prospective franchisees should be aware of these potential changes and factor them into their financial planning. Understanding the due dates and potential increases of fees like the Annual Membership fee is crucial for managing cash flow and ensuring compliance with the franchise agreement.