How many Exit franchises in Georgia experienced non-renewal in 2024?
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 | | | 2
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 31–42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, one franchise in Georgia experienced non-renewal in 2024. The table provided in Item 20 outlines the status of franchise outlets from 2022 to 2024, including details on outlets opened, terminations, non-renewals, and other changes.
For a prospective Exit franchisee, this information is valuable in assessing the stability and performance of existing franchises. A non-renewal can occur for various reasons, such as the franchisee deciding not to continue the agreement or Exit choosing not to extend the franchise term. It is important to understand the factors contributing to non-renewals, as they can indicate potential challenges or risks associated with operating an Exit franchise.
While one non-renewal in Georgia during 2024 may not be alarming on its own, a prospective franchisee should investigate further to understand the specific circumstances. Understanding the reasons behind non-renewals, terminations, and reacquired franchises can provide a more comprehensive view of the franchise system's health and potential risks. This information helps potential franchisees make informed decisions about investing in an Exit franchise.