factual

If I request consultation on technical matters from Exit, am I responsible for covering any charges?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (5) At your request, consult with you on technical matters. You must pay EXIT Realty Upper Midwest's then current charges and related travel and living expenses for these services. See Franchise Agreement, Sections 9 and 13.

Source: Item 11 — FRANCHISOR'S AND SUBFRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 19–24)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, if you request consultation on technical matters from Exit Realty Upper Midwest, you are responsible for covering certain charges. Specifically, you must pay Exit Realty Upper Midwest's then-current charges, as well as any related travel and living expenses incurred for providing these services.

This means that beyond the standard franchise fees and ongoing royalties, franchisees need to budget for potential consulting costs should they require technical assistance from Exit. The exact amount of these charges will vary depending on the nature of the consultation, the time involved, and the travel and living expenses incurred by Exit Realty Upper Midwest.

Prospective franchisees should inquire about the typical costs associated with technical consultations to better understand the potential financial implications. It would be prudent to ask for an estimate of these charges and clarify what constitutes a 'technical matter' to avoid unexpected expenses during the franchise operation. Understanding these costs upfront will help in accurate financial planning and management of the Exit franchise.

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.