How many Exit franchises in Michigan experienced non-renewal in 2023?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Nonrenewals | Reacquired by Subfranchisor | Ceased Operations – Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2023 | 16 | 4 | 1 | 0 | 0 | 0 | 19 | |
| 2024 | 19 | 6 | 5 | 1 | 1 | 0 | 18 | |
| Louisiana | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| Maine | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 1 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Maryland | 2022 | 35 | 0 | 0 | 1 | 0 | 0 | 34 |
| 2023 | 34 | 0 | 1 | 1 | 0 | 1 | 31 | |
| 2024 | 31 | 1 | 2 | 4 | 6 | 0 | 20 | |
| Massachusetts | 2022 | 16 | 0 | 0 | 0 | 1 | 0 | 15 |
| 2023 | 15 | 1 | 1 | 5 | 1 | 0 | 9 | |
| 2024 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| Michigan | 2022 | 19 | 0 | 0 | 0 | 0 | 0 | 19 |
| 2023 | 19 | 0 | 0 | 2 | 0 | 0 | 17 | |
| 2024 | 17 | 0 | 0 | 0 | 0 | 0 | 17 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 31–42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, two franchises in Michigan experienced non-renewal in 2023. The table provided in Item 20 details the number of outlets that experienced non-renewals on a state-by-state basis.
Non-renewal of a franchise means that the franchisee's agreement with Exit was not extended when it expired. This can occur for various reasons, such as the franchisee deciding not to continue with the business, or Exit choosing not to renew the agreement based on performance or other factors.
For a prospective Exit franchisee, this information highlights the importance of understanding the terms of the franchise agreement, maintaining a good relationship with the franchisor, and meeting performance expectations to increase the likelihood of renewal. It also shows that non-renewal can occur, and it's important to understand the reasons why.