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How many Exit franchise agreements have been signed in Massachusetts, but the outlet has not yet opened?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

0 | 0 | 0 | 0 | | (IA,IL,MI,MN,ND,SD,WI) | 2024 | | | | | | |

TABLE 5 PROJECTED OPENINGS OF FRANCHISES AS OF DECEMBER 31, 2024

State Franchise Agreements Signed But Outlet Not Opened Projected New Franchised Outlet in Next Fiscal Year Projected New Company Owned Outlets in Next Fiscal Year
Upper Midwest 4 9

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

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, as of December 31, 2024, there were 2 franchise agreements signed in Massachusetts for which the outlet had not yet opened. This indicates that there are franchisees who have committed to opening an Exit franchise in Massachusetts but have not yet begun operations.

This figure is important for potential franchisees to consider as it provides insight into the current state of franchise development within Massachusetts. It could mean that the market is still relatively open, with opportunities for new franchisees to establish themselves. However, it could also indicate potential challenges in opening new locations, such as difficulties in finding suitable real estate or obtaining necessary permits.

In addition to the number of signed agreements without open outlets, the FDD also projects that 3 new franchised Exit outlets are expected to open in Massachusetts in the next fiscal year. This suggests that Exit anticipates further expansion in the state and that the existing franchisees with signed agreements are likely progressing towards opening their locations. A prospective franchisee should inquire about the reasons why these outlets have not yet opened and what support Exit provides to help franchisees launch their businesses.

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.