How many Exit franchises in Maine 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
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 2 Exit franchises operating in Maine at the end of 2024. The table provided in Item 20 of the FDD outlines the changes in the number of outlets for each state over the years 2022, 2023, and 2024.
Specifically for Maine, the data shows that at the start of 2024, there were 2 outlets. Throughout 2024, there were no additional outlets opened, no terminations, and no non-renewals. Therefore, the number of Exit franchises in Maine remained constant at 2 by the end of 2024.
Prospective franchisees can use this information to understand the historical presence and stability of Exit franchises in Maine. A consistent number of outlets might indicate a stable market or limited growth opportunities in that particular state. It is important to further investigate the reasons behind these numbers, such as market saturation, franchisee performance, or regional economic factors, to make an informed investment decision.