How many Exit franchises in Alabama opened in 2023?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 0 | | TOTALS | 2022 | 21 | | | 2023 | 27 | | | 2024 | 30 | | State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Nonrenewals | Reacquired by Subfranchisor | Ceased Operations – Other Reasons | Outlets at End of Year | |---|---|---|---|---|---|---|---|---| | Alabama | 2022 | 32 | 3 | 0 | 0 | 0 | 0 | 35 | | | 2023 | 35 | 5 | 0 | 1 | 0 | 0 | 39 | | | 2024 | 39 | 1 | 0 | 0 | 0 | 0 | 40 | | Arizona | 2022 | 5 | 0 | 0 | 1 | 0 | 0 | 4 | | | 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | Arkansas | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | California | 2022 | 14 | 1 | 0 | 0 | 0 | 0 | 15 | | | 2023 | 15 | 1 | 0 | 0 | 0 | 0 | 16 | | | 2024 | 16 | 0 | 0 | 1 | 0 | 0 | 15 | | Colorado | 2022 | 8 | 2 | 0 | 0 | 1 | 0 | 9 | | | 2023 | 9 | 0 | 0 | 0 | 1 | 0 | 8 | | | 2024 | 8 | 0 | 0 | 0 | 0 | 0 | 8 | | Connecticut | 2022 | 3 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 31–42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, there were 5 Exit franchises opened in Alabama during 2023. The number of Exit franchises in Alabama increased from 35 at the start of 2023 to 39 by the end of the year. This suggests a moderate level of expansion for Exit in the Alabama market during that period.
It is important to note that while 5 new Exit franchises opened in Alabama in 2023, one franchise was not renewed. This resulted in a net gain of 4 franchises for the year in Alabama. This information is useful for prospective franchisees to understand the growth and stability of the Exit brand in specific geographic areas.
Potential franchisees should further investigate the reasons behind non-renewals to assess any potential challenges or market-specific issues affecting Exit franchises in Alabama. Understanding these factors can help in making a more informed decision about investing in an Exit franchise.