How many Exit franchises in Delaware were operating at the end of 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 |
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 was 1 Exit franchise operating in Delaware at the end of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by subfranchisor, ceased operations for other reasons, and the number of outlets at the end of the year for 2022, 2023 and 2024.
Specifically, for Delaware in 2023, there were 2 outlets at the start of the year and no new outlets opened. There were no terminations or instances of ceased operations for other reasons. However, there was 1 non-renewal, which resulted in 1 outlet at the end of 2023.
Prospective franchisees can use this information to understand the historical performance and stability of Exit franchises in specific states. The data can help in assessing the growth, changes in operation, and overall health of the franchise network. Reviewing these trends over multiple years provides a more comprehensive view of the franchise's presence and performance in a particular area.