How many Exit franchises in Massachusetts were reacquired by the subfranchisor in 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, one Exit franchise in Massachusetts was reacquired by the subfranchisor in 2023. The table in Item 20 provides a detailed breakdown of outlet activity by state and year, including reacquisitions.
For a prospective franchisee, this indicates the rate at which Exit franchises are reacquired in specific states. Reacquisition can occur for various reasons, such as the franchisee's failure to meet performance standards, a mutual agreement to terminate the franchise, or other business-related factors. A high number of reacquisitions in a particular area might warrant further investigation to understand the underlying causes and potential risks.
It's important to note that the number of reacquired franchises can fluctuate from year to year. Reviewing several years of data, as presented in the FDD, provides a more comprehensive understanding of the stability and performance of Exit franchises in different regions. Prospective franchisees should also inquire about the reasons for any reacquisitions to assess the overall health and sustainability of the franchise system.