How many Exit franchises in Kentucky were operating at the end of 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 | | | 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 |
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 18 Exit franchises operating in Kentucky at the end of 2024. The number was calculated from a starting point of 19 franchises at the beginning of 2024, with 6 new outlets opening, 5 terminations, 1 nonrenewal, and 1 outlet reacquired by a subfranchisor during the year.
For a prospective Exit franchisee in Kentucky, this indicates the net change in the number of franchises. The number of terminations, nonrenewals and reacquired franchises subtracted from the number of openings shows the direction the franchise is heading in that specific state.
It's important to note that while the number of Exit franchises increased overall from 2022 to 2024, the number of terminations, nonrenewals, and reacquired franchises can vary from year to year, impacting the net growth. A prospective franchisee should investigate the reasons for terminations, non-renewals or reacquired franchises to better understand the market dynamics in Kentucky.