What is the minimum office space requirement for an Exit franchise in a low density area?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | The following information is deemed a part of the EXIT Realty Corp. Franchise Agreement between Subfranchisor and the party identified below dated [date from page 1 of franchise agreement], 20 | |
|---|---|---|
| 2. | The name of this territory is | |
| 3. | The grid population for this territory type grid (Rural/low/medium or high density. Please indicate) | is making this a |
| 4. | The minimum office space requirement shall be: | |
| a) | ||
| Rural density – | ||
| 750 | ||
| square feet | ||
| b) | ||
| Low density – | ||
| 1,000 square feet | ||
| c) | ||
| Medium density – | ||
| 1,500 square feet | ||
| d) | ||
| High density – | ||
| 2,000 square feet |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the minimum office space requirement for a low-density area is 1,000 square feet. The FDD specifies different minimum square footage requirements based on the territory's population density. These range from 750 square feet in rural areas to 2,000 square feet in high-density areas.
This requirement means that prospective Exit franchisees in low-density areas must secure an office space that meets or exceeds this minimum to comply with the franchise agreement. The size of the territory dictates the minimum square footage requirement.
Meeting the minimum office space requirement is essential for franchisees to operate their Exit business. Failure to secure appropriate office space could potentially lead to a breach of the franchise agreement. Franchisees should carefully consider real estate costs and availability in their target market to ensure they can meet this requirement.
It is important to note that the franchisee is responsible for all costs associated with acquiring, leasing, and operating the Franchise office.