How many Exit franchises in Missouri were operating at the start 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 |
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 4 Exit franchises operating in Missouri at the start of 2022. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by subfranchisor, outlets ceased operations for other reasons, and outlets at the end of the year for each state.
For a prospective franchisee, this indicates the existing presence and stability of Exit in Missouri. It shows that while the number of franchises has remained constant over the past few years, there hasn't been any growth or decline in the state. This could be interpreted in several ways: the market might be saturated, or there might be untapped potential for expansion.
It's important to note that the FDD also lists projected new franchised outlets in the next fiscal year. For Missouri, the document projects one new franchised outlet. This suggests that Exit is planning to expand its presence in the state, which could be a positive sign for potential franchisees. However, it's crucial to investigate the reasons behind the lack of growth in previous years to assess the market conditions and potential challenges.