Does an Exit franchisee have an option or right of first refusal to acquire another Exit franchise location without a written agreement with the Subfranchisor?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee has no option, right of first refusal, or similar right to acquire an EXIT franchise for any other location absent a written agreement with Subfranchisor.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, a franchisee does not have the option, right of first refusal, or similar right to acquire another Exit franchise location without a written agreement with the subfranchisor. This means that if a franchisee wishes to expand their business by acquiring another Exit location, they must have a written agreement in place with the subfranchisor to do so.
This requirement ensures that the subfranchisor maintains control over the expansion of the Exit franchise network and can properly vet and approve potential new locations and franchisees. It also protects the interests of existing franchisees by preventing the uncontrolled proliferation of Exit locations that could potentially cannibalize their business.
For a prospective Exit franchisee, this means that if they are interested in acquiring additional locations in the future, they should discuss this with the subfranchisor early on and seek to establish a written agreement that outlines the terms and conditions under which they would be able to do so. This agreement could cover factors such as the geographic area, the timing of the acquisition, and any additional fees or requirements that the franchisee would need to meet.