How many Exit franchises opened in Iowa during 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 | |
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 2 Exit franchises opened in Iowa during 2023. The table provided in Item 20 of the FDD outlines the number of outlets that opened, terminated, or ceased operations for the years 2022, 2023 and 2024. At the start of 2023, there were 15 Exit franchises operating in Iowa. By the end of 2023, the number increased to 17. No franchises were terminated, nonrenewed, or reacquired by a subfranchisor. No franchises ceased operations for other reasons.
For a prospective franchisee, this data indicates the growth and stability of Exit franchises in Iowa. The opening of 2 new locations suggests a positive trend and market demand for Exit's services in the state. It is important to note that while new franchises opened, none closed, indicating a stable market presence.
It is essential for potential franchisees to further investigate the reasons behind outlet changes, even if the numbers appear positive. Understanding the local market conditions, competition, and support provided by Exit in Iowa will be crucial in making an informed investment decision. Reviewing the performance of existing Iowa franchises and speaking with current franchisees can provide valuable insights.