How many Exit franchises in Massachusetts were operating at the start of 2022?
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 16 Exit franchises operating in Massachusetts at the start of 2022. The document provides a detailed breakdown of outlet information by state, including the number of outlets at the beginning of the year, outlets opened, terminations, non-renewals, outlets reacquired by subfranchisors, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. This level of detail allows prospective franchisees to understand the historical performance and changes in the franchise network within specific geographic areas.
For a prospective Exit franchisee in Massachusetts, this information offers insights into the stability and growth of the brand within the state. The fact that there were 16 locations at the start of 2022 indicates an established presence. However, the document also shows that the number decreased to 15 by the end of 2022, with one outlet being reacquired by a subfranchisor. This could signal potential challenges or market dynamics specific to Massachusetts that a franchisee should investigate further.
It is important to note that while the FDD provides historical data, it does not guarantee future performance. A prospective franchisee should conduct thorough due diligence, including speaking with existing and former franchisees in Massachusetts, to gain a comprehensive understanding of the opportunities and risks associated with operating an Exit franchise in the state. Understanding the reasons behind the changes in outlet numbers, such as the reacquisition by a subfranchisor, is crucial for making an informed investment decision.
Overall, the data presented in Item 20 of Exit's 2025 FDD serves as a valuable resource for potential franchisees, offering transparency into the franchise's performance and network dynamics across different regions. By carefully analyzing this information and conducting additional research, prospective franchisees can assess the suitability of an Exit franchise for their individual circumstances and investment goals.