How many Exit franchises in Maryland experienced non-renewal in 2024?

According to Exit's 2025 Franchise Disclosure Document, there were 4 non-renewals of Exit franchises in Maryland during 2024. The table in Item 20 provides a detailed breakdown of outlet status changes across different states and years. This includes the number of outlets at the start and end of the year, as well as changes due to openings, terminations, non-renewals, re acquisitions by subfranchisors, and other reasons for ceasing operations.

For a prospective Exit franchisee, this information is crucial for understanding the stability and turnover of franchises within specific regions. The non-renewal rate can be an indicator of franchisee satisfaction, market conditions, or the effectiveness of the franchisor's support and business model. A high number of non-renewals might warrant further investigation into the reasons behind these decisions, while a low number could suggest a healthy and sustainable franchise network.

It's important to note that non-renewal is just one factor to consider when evaluating a franchise opportunity. Other factors, such as terminations and re acquisitions, can also provide valuable insights into the overall health and performance of the franchise system. Prospective franchisees should also consider the number of new outlets opened, as this can indicate the growth potential and attractiveness of the franchise to new investors.

In the case of Maryland, while there were 4 non-renewals in 2024, there was also 1 outlet opening. Additionally, 6 franchises were reacquired by a subfranchisor and 2 franchises were terminated. This resulted in the number of Exit franchises in Maryland decreasing from 31 at the start of the year to 20 at the end of 2024. This level of churn may warrant further investigation by a prospective franchisee.