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What is the maximum monthly license fee that an Exit franchisee must pay related to computer software?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

Representatives; which Agreement shall be in a form approved by Subfranchisor or EXIT. Franchisee shall provide the Subfranchisor and Franchisor with the version of the Sales Representative Agreement that they are using within their office.

9.13. Computer Information Systems

Franchisee shall utilize computer hardware and software as required by EXIT, including such proprietary computer software as EXIT may develop for use in connection with the EXIT System. Franchisee shall submit to EXIT and Subfranchisor such forms, reports, and records as specified and at the times indicated in this Agreement, in the Training Manuals and in other written communications from EXIT and Subfranchisor. EXIT has developed and implemented a computer based information system for purposes of maintaining a uniform electronic database of franchisee profiles, books and records. Franchisee agrees to co-operate in the ongoing development of this system, to pay a license fee not to exceed two hundred and fifty dollars ($250.00) per month related to computer software, to maintain records through this system, and to file and receive reports electronically to and from EXIT and Subfranchisor as may be required by the System. This monthly fee is to be paid through automatic monthly withdrawal. If Franchisee owns more than one (1) EXIT Franchise Agreement, and those Agreements are operated by the same l

Source: Item 23 — RECEIPT (FDD pages 42–235)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, franchisees are required to use specific computer hardware and software, including proprietary software developed by Exit for use within the Exit system. As part of this requirement, franchisees must cooperate in the ongoing development of Exit's computer-based information system.

The FDD states that Exit franchisees must pay a license fee not to exceed $250.00 per month related to computer software. This fee is collected through automatic monthly withdrawal. This fee covers the maintenance of records through the system and the electronic filing and receiving of reports to and from Exit and its subfranchisor.

However, if a franchisee owns more than one Exit franchise agreement operated by the same legal entity and using the same trade name, the monthly computer software license fee for the second and subsequent franchise agreements is reduced to 25% of the standard monthly fee. This means that the additional licenses would cost a maximum of $62.50 per month.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.