factual

How long does Exit's initial training program run?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

n. Insurance 9 7
o. Advertising 7, 9 6, 11
p. Indemnification 31 Not Applicable
q. Owner’s Participation/Management/Staffing 9 15
r. Records/Reports 9,11 11
s. Inspections/Audits 9,11 6,11
t. Transfer 18 6, 17
u. Renewal 5 17
v. Post-termination Obligations 17 17
w. Noncompetition Covenants 21 17
x. Dispute Resolution 25 17 The initial training program is conducted by EXIT Executives that are listed in ITEM 2 of this Disclosure Document. The minimum experience of these instructors in the field is relevant to the subject taught and our operations is 8 years.

Currently, initial training programs are conducted a minimum of twice annually. The training program runs for 5 full days and covers each of the subjects listed in the Table of Contents of the Training Course Manuals. Training times and instructors for each subject vary from program to program.

You must pay the travel, lodging, meals and incidental expenses of those attending the initial training program. Training is presently conducted at EXIT's Mississauga, Ontario headquarters, Atlanta, Georgia and/or online. It may also be conducted at a location selected by EXIT Realty Upper Midwest. See Franchise Agreement, Article 9. EXIT charges you $500, if you sign up and fail to attend the training or if you cancel on less than 30 days' notice. If you cancel in less tha

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, the initial training program runs for 5 full days. This training covers subjects listed in the Table of Contents of the Training Course Manuals, with training times and instructors varying from program to program. The program is conducted by Exit Executives, who have a minimum of 8 years of experience in the field relevant to the subject they teach and Exit's operations.

Exit conducts initial training programs a minimum of twice annually. The training is presently conducted at Exit's Mississauga, Ontario headquarters, Atlanta, Georgia, and/or online. It may also be conducted at a location selected by EXIT Realty Upper Midwest.

Prospective franchisees should note that they must cover the costs of travel, lodging, meals, and incidental expenses for themselves and any staff attending the initial training program. Additionally, Exit charges a fee of $500 if a franchisee signs up for training but fails to attend or cancels with less than 30 days' notice. This cancellation fee increases to $1,000 if the cancellation occurs with less than 10 days' notice. Exit also offers the option for some or all of the training to be conducted online.

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.