table_specific

What was the franchise commission revenue for Exit in 2023?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

Years Ended December 31
2024 2023 2022
Franchise revenues:
Initial franchise fees $ 90,956 $ 104,355 $ 107,263
Franchise commission 396,513 575,252 748,794
Assignment income 15,132 11,181 10,282
Total franchise revenues $ 502,601 $ 690,788 $ 866,339

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

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, the franchise commission revenue for the year 2023 was $575,252. This figure represents the income Exit received from commissions earned by its franchisees during that year. Franchise commissions are a percentage of net sales earned by the franchisee.

For a prospective Exit franchisee, this number provides insight into the revenue streams of the company and how much Exit earns from franchisee sales. It's important to note that this is just one component of Exit's total revenue, which also includes initial franchise fees, assignment income, and other sources.

Understanding the different revenue streams and their relative contributions can help a potential franchisee assess the financial stability and growth potential of Exit. It also highlights the importance of franchisee sales performance, as Exit's commission revenue is directly tied to the success of its franchisees.

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.