How many Exit franchises in Minnesota opened in 2024?
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 | 35 | 5 | 0 | 1 | 0 | 0 | 39 | | | 2024 | 39 | 1 | 0 | 0 | 0 | 0 | 40 | | Arizona | 2022 | 5 | 0 | 0 | 1 | 0 | 0 | 4 | | | 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | Arkansas | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | California | 2022 | 14 | 1 | 0 | 0 | 0 | 0 | 15 | | | 2023 | 15 | 1 | 0 | 0 | 0 | 0 | 16 | | | 2024 | 16 | 0 | 0 | 1 | 0 | 0 | 15 | | Colorado | 2022 | 8 | 2 | 0 | 0 | 1 | 0 | 9 | | | 2023 | 9 | 0 | 0 | 0 | 1 | 0 | 8 | | | 2024 | 8 | 0 | 0 | 0 | 0 | 0 | 8 | | Connecticut | 2022 | 3 | 0 | 0 | 1 | 0 | 0 |
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 opened in Minnesota during 2024. This information is gleaned from a table that provides a detailed breakdown of outlet activity by state.
Specifically, the table lists the number of outlets at the start of the year, the number of outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and the number of outlets at the end of the year for each state. For Minnesota in 2024, the table indicates the number of 'Outlets Opened' was one.
Prospective franchisees can use this information to understand the recent growth and activity of Exit franchises in specific states. It's important to note that past performance doesn't guarantee future results, but this data can provide insights into the brand's expansion and stability in different markets.