table_specific

How many Exit company-owned outlets were operating at the end of 2022?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

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ITEM 20 OUTLETS AND FRANCHISEE INFORMATION

TABLE 1 OUTLET SUMMARY – FRANCHISES FOR YEARS 2022 TO 2024

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
Upper Midwest

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 31–42)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, at the end of 2022, Exit had zero company-owned outlets. The table provided in Item 20 of the FDD details the status of company-owned outlets from 2022 to 2024. The 'Outlets at the End of the Year' column for 'Company Owned' outlets shows a consistent '0' for the year 2022.

This indicates that Exit's business model relies primarily on franchising rather than direct operation through company-owned stores. This is a common arrangement in franchising, where the franchisor focuses on brand development, franchisee support, and system-wide growth, while franchisees manage the day-to-day operations of individual locations.

For a prospective Exit franchisee, this information suggests that the franchisor's revenue and growth are heavily dependent on the success and expansion of its franchise network. It also implies that Exit may not have direct operational experience running outlets, which could affect the type of support and training they provide. It would be beneficial for a potential franchisee to inquire about the support and training programs offered, as well as the field support provided to franchisees.

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.