What is the minimum number of Sales Representatives required in an Exit franchisee's office by the last day of the twelfth month after the Compliance Date?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee shall have, during a part of each calendar month, the following minimum of Sales Representatives (as defined in Section 43) in Franchisee's office(s) within its Protected Territory:
- (A) A minimum of [insert number in words] ([insert #]) Sales Representatives, whose primary role is with your franchise by the last day of the twelfth (12th) month after the Compliance Date of this Agreement;
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, franchisees must have a minimum number of Sales Representatives in their office within specific timeframes after the Compliance Date. The Compliance Date marks the beginning of the franchise term and is the date from which performance standards are measured.
By the last day of the twelfth month after the Compliance Date, an Exit franchisee is required to have a minimum number of Sales Representatives whose primary role is with the franchise. The exact number of Sales Representatives is not specified in the provided excerpt but is represented by a placeholder: "[insert number in words] ([insert #])".
Prospective Exit franchisees should confirm the specific minimum number of required Sales Representatives with the franchisor to fully understand the staffing obligations and associated costs. Understanding these requirements is crucial for business planning and ensuring compliance with the franchise agreement.