How many Exit franchises in Georgia were terminated 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 – 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 | 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 4 terminations of Exit franchises in Georgia during 2022. This information is crucial for potential franchisees to understand the stability and success rate of franchises within specific regions.
The data indicates the total number of Exit franchises in Georgia started the year 2022 with 18 locations, opened 5 new locations, and terminated 4 locations, ending the year with 19 locations. Reviewing termination rates alongside openings and closures provides a more comprehensive view of franchise performance than just looking at overall outlet numbers.
Prospective franchisees should consider these termination figures as part of their due diligence, investigating the reasons behind these terminations to assess any potential risks or challenges associated with operating an Exit franchise in Georgia. Understanding the causes of past terminations can help new franchisees avoid similar pitfalls and improve their chances of success.