What information is required to determine the grid population for an Exit territory?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | The following information is deemed a part of the EXIT Realty Corp. Franchise Agreement between Subfranchisor and the party identified below dated [date from page 1 of franchise agreement], 20 | |
|---|---|---|
| 2. | The name of this territory is | |
| 3. | The grid population for this territory type grid (Rural/low/medium or high density. Please indicate) | is making this a |
| 4. | The minimum office space requirement shall be: | |
| a) | ||
| Rural density – | ||
| 750 | ||
| square feet | ||
| b) | ||
| Low density – | ||
| 1,000 square feet | ||
| c) | ||
| Medium density – | ||
| 1,500 square feet | ||
| d) | ||
| High density – | ||
| 2,000 square feet |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the grid population for a territory is identified within the Exit Realty Corp. Franchise Agreement. The agreement specifies the territory's name and designates the grid population type as rural, low, medium, or high density. This determination influences the minimum office space requirement for the territory.
The FDD outlines the minimum office space requirements based on the grid population density. Rural density territories require a minimum of 750 square feet, low density requires 1,000 square feet, medium density requires 1,500 square feet, and high density requires 2,000 square feet. This information is crucial for prospective franchisees as it directly impacts the operational costs and infrastructure needed to establish an Exit franchise in a specific territory.
Prospective franchisees should carefully consider the grid population and corresponding office space requirements when evaluating a potential territory. Understanding the density designation helps in assessing the market potential and the necessary investment in real estate or leasehold improvements. This ensures that the franchisee can adequately accommodate their team and operations within the designated territory, aligning with Exit's standards and guidelines.