How many Exit franchises in Georgia were operating at the start 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 | | | 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
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 19 Exit franchises operating in Georgia at the start of 2023. This information is based on the provided table outlining the status of franchise outlets from 2022 to 2024. The table provides a year-by-year breakdown of outlet activity, including the number of outlets at the start of the year, outlets opened, terminations, non-renewals, reacquired outlets, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective Exit franchisee in Georgia, this data indicates the existing market presence of the franchise in the state. It shows the net change in the number of franchises year over year, which can be an indicator of the brand's growth and stability within the region. The numbers also reveal details about franchise turnover, such as terminations and reacquired franchises, which could prompt a potential franchisee to investigate the reasons behind these changes.
It is important to note that while the FDD provides historical data, it does not guarantee future performance. A prospective franchisee should conduct their own due diligence, including market research and conversations with existing franchisees, to assess the viability of an Exit franchise in Georgia. Understanding the reasons behind terminations or reacquired franchises, as well as the factors driving new outlet openings, can provide valuable insights into the franchise's operations and potential risks.