How many Exit franchises in Massachusetts were terminated 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, there was one franchise termination in Massachusetts during 2023. The table provided in Item 20 of the FDD outlines the status of franchise outlets for the years 2022 to 2024, detailing terminations, non-renewals, and other changes in outlet status.
For a prospective Exit franchisee, this data indicates the stability and health of the franchise system in specific regions. A low number of terminations can be a positive sign, suggesting that franchisees are generally successful and satisfied with their investment. However, it's essential to consider the reasons behind terminations and non-renewals, as these could point to underlying issues within the franchise system or specific market challenges.
It is also important to note other factors that contribute to outlet changes, such as non-renewals, re acquisitions by sub-franchisors, and outlets that have ceased operations for other reasons. These data points, combined with the number of outlets opened, provide a comprehensive view of the franchise network's dynamics and overall performance in different states.