How many Exit franchises in Massachusetts were operating at the end of 2023?
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
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 Exit franchises operating in Massachusetts at the end of 2023. The table provided in Item 20 includes data on the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by subfranchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
Specifically for Massachusetts in 2023, there were 15 outlets at the start of the year and 1 outlet opened. There was 1 termination, 5 non-renewals and 1 outlet was reacquired by a subfranchisor. This activity resulted in 9 Exit franchises operating in Massachusetts at the end of 2023.
Prospective franchisees should pay close attention to these figures as they provide insight into the stability and growth (or decline) of the franchise network in specific geographic areas. High termination or non-renewal rates could indicate issues with franchisee profitability or support, while a steady increase in outlets suggests a healthy and expanding market presence.