How must the Franchise transmit the 'Business Information' to Exit?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Representatives; which Agreement shall be in a form approved by Subfranchisor or EXIT. Franchisee shall provide the Subfranchisor and Franchisor with the version of the Sales Representative Agreement that they are using within their office.
9.13. Computer Information Systems
Franchisee shall utilize computer hardware and software as required by EXIT, including such proprietary computer software as EXIT may develop for use in connection with the EXIT System. Franchisee shall submit to EXIT and Subfranchisor such forms, reports, and records as specified and at the times indicated in this Agreement, in the Training Manuals and in other written communications from EXIT and Subfranchisor. EXIT has developed and implemented a computer based information system for purposes of maintaining a uniform electronic database of franchisee profiles, books and records. Franchisee agrees to co-operate in the ongoing development of this system, to pay a license fee not to exceed two hundred and fifty dollars ($250.00) per month related to computer software, to maintain records through this system, and to file and receive reports electronically to and from EXIT and Subfranchisor as may be required by the System. This monthly fee is to be paid through automatic monthly withdrawal. If Franchisee owns more than one (1) EXIT Franchise Agreement, and those Agreements are operated by the same legal entity and use the same trade name, the monthly computer software license fee for the second and
subsequent Franchise Agreements shall be reduced to twenty-five percent (25%) of the monthly license fee charged as of the date that the subsequent Franchise Agreement(s) is signed.
Franchisee acknowledges that Subfranchisor has not developed the software to be provided by EXIT to Franchisee. Subfranchisor does not provide upgrades, new versions, fixes or patches of the software provided by EXIT. Subfranchisor makes no representations or warranties concerning the structure, performance of the software provided by EXIT or the suitability of the
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, franchisees are required to use computer hardware and software as mandated by Exit, which includes proprietary computer software developed by Exit for use within the Exit system. Franchisees must submit forms, reports, and records as specified in the agreement, training manuals, and other written communications from Exit and its subfranchisor.
Exit has established a computer-based information system to maintain a uniform electronic database of franchisee profiles, books, and records. Franchisees must cooperate in the ongoing development of this system, pay a monthly license fee not exceeding $250 for the computer software, maintain records through the system, and electronically file and receive reports to and from Exit and the subfranchisor as required by the system. This monthly fee is paid through automatic monthly withdrawal.
If a franchisee owns more than one Exit franchise agreement operated by the same legal entity and using the same trade name, the monthly computer software license fee for the second and subsequent franchise agreements is reduced to 25% of the monthly license fee charged as of the date the subsequent franchise agreement(s) are signed. Franchisees should note that the subfranchisor has not developed the software provided by Exit and does not provide upgrades, new versions, fixes, or patches. The subfranchisor also makes no warranties concerning the structure, performance, or suitability of the software for the franchisee's business. Information made available to the subfranchisor and Exit through the use of the software will not be published without written authorization from the franchisee and sales representatives, where applicable.