How many Exit franchises in Georgia were terminated in 2023?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 1 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 1 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Delaware | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 1 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | |
| District of | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| Columbia | ||||||||
| 2023 | 3 | 0 | 0 | 1 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Florida | 2022 | 59 | 6 | 2 | 7 | 1 | 0 | 55 |
| 2023 | 55 | 4 | 7 | 2 | 1 | 0 | 49 | |
| 2024 | 49 | 6 | 6 | 3 | 5 | 0 | 41 | |
| Georgia | 2022 | 18 | 5 | 4 | 0 | 0 | 0 | 19 |
| 2023 | 19 | 5 | 9 | 0 | 2 | 0 | 13 | |
| 2024 | 13 | 2 | 2 | 1 | 2 | 0 | 10 |
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 9 terminations of Exit franchises in Georgia during 2023. This figure is important for potential franchisees to consider, as a high number of terminations could indicate issues with the franchise system, market conditions in Georgia, or franchisee performance.
In addition to terminations, the FDD also indicates that there were 5 outlets opened in Georgia during 2023. However, 2 franchises were reacquired by a subfranchisor. The number of outlets at the start of the year was 19, and after accounting for openings, terminations and re-acquisitions, the number of outlets at the end of 2023 was 13.
Prospective franchisees should investigate the reasons behind these terminations to understand the potential risks and challenges of operating an Exit franchise in Georgia. Understanding the causes of past terminations, such as financial difficulties, lack of support, or disputes with the franchisor, can help a franchisee make an informed decision and prepare for potential issues.