How many Exit franchised offices were in operation as of December 31, 2022?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Franchised offices: | |||
| Opened/acquired | 5 | 4 | 6 |
| Closed | (5) | (5) | (2) |
| In operation as of December 31 | 88 | 88 | 89 December 31 |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, there were 89 franchised offices in operation as of December 31, 2022. The FDD also provides data on the number of franchised offices opened or acquired and the number of franchised offices closed during the year. This information can be useful for prospective franchisees to understand the growth and stability of the Exit franchise system.
Specifically, the FDD indicates that in 2022, six Exit franchised offices were opened or acquired, while two were closed. This data, combined with the total number of offices in operation, provides a snapshot of the franchise's expansion and attrition rates. Monitoring these trends over several years, as presented in the table, can give potential franchisees insight into the overall health and appeal of the Exit franchise opportunity.
It is important to note that while the FDD provides this historical data, future performance may vary. Prospective franchisees should conduct their own due diligence, including speaking with existing franchisees, to gain a comprehensive understanding of the Exit franchise system and its potential for success. They should also consider factors such as market conditions, competition, and their own business acumen when evaluating the opportunity.