For Exit, what is the latest fiscal year for which financial statements are included?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit F are EXIT Realty Upper Midwest's audited financial statements for the years ending December 31, 2022, December 31, 2023, and December 31, 2024. Also attached as part of Exhibit F are EXIT's audited financial statements for the fiscal years ending December 31, 2022, December 31, 2023, and December 31, 2024.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the document includes audited financial statements for Exit Realty Upper Midwest and Exit Realty Corp. International for the fiscal years ending December 31, 2022, December 31, 2023, and December 31, 2024. This means the FDD provides a three-year financial history for both entities.
For a prospective franchisee, this information is crucial for assessing the financial health and stability of Exit. Reviewing these statements will help in understanding Exit's revenue trends, profitability, assets, and liabilities. It also allows for an evaluation of how Exit has performed over the recent years.
The inclusion of audited financial statements indicates that an independent accounting firm has reviewed and attested to the accuracy of the financial information presented. This adds a level of credibility and assurance for potential investors. Franchisees should carefully examine these statements and consult with a financial advisor to fully understand the financial risks and opportunities associated with investing in an Exit franchise.