How many Exit franchises in Mississippi were operating at the end 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 15 Exit franchises operating in Mississippi at the end of 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by subfranchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information indicates the historical performance and stability of Exit franchises in Mississippi. It shows the net change in the number of franchises over the past few years, which can be an indicator of the brand's growth and franchisee success in the state.
It is important to note that while there were 15 Exit franchises at the end of 2022, one franchise was opened and one was terminated during that year. This suggests some level of turnover within the franchise system in Mississippi. A prospective franchisee should further investigate the reasons for terminations and non-renewals to assess the risks and opportunities associated with investing in an Exit franchise in Mississippi.