factual

How does an Exit franchisee pay the monthly computer software license fee?

Exit Franchise · 2025 FDD

Answer 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 l

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 specific computer hardware and software, including proprietary software developed by Exit. To maintain a uniform electronic database, Exit franchisees must pay a monthly computer software license fee, which cannot exceed $250.00.

The FDD specifies that this monthly fee is paid through automatic monthly withdrawal. This means Exit will automatically deduct the fee from the franchisee's bank account each month.

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 standard monthly license fee. This discount applies to additional franchises under the same ownership, potentially reducing costs for multi-unit operators.

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.