How many Exit franchises in Florida ceased operations for other reasons in 2022?
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 – Oth |---|---|---|---|---|---|---|---|---|
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 31–42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, in 2022, there were zero franchises in Florida that ceased operations for reasons other than terminations, non-renewals, or reacquisition by a subfranchisor.
This means that none of the Exit franchises in Florida closed due to financial distress, abandonment, or other uncategorized issues during that year. This information is valuable for potential franchisees as it can provide insights into the stability and performance of Exit franchises in Florida.
It is important to note that while no franchises ceased operations for 'other reasons,' there were still closures due to terminations (2), non-renewals (7), and reacquisition by a subfranchisor (1). A prospective franchisee should investigate the reasons for these closures to gain a comprehensive understanding of the challenges and opportunities associated with operating an Exit franchise in Florida.