For Exit Realty Upper Midwest, what is the latest fiscal year for which financial statements are included?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit F are EXIT Realty Upper Midwest's audited financial statements for the years ending December 31, 2022, December 31, 2023, and December 31, 2024. Also attached as part of Exhibit F are EXIT's audited financial statements for the fiscal years ending December 31, 2022, December 31, 2023, and December 31, 2024.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the audited financial statements for Exit Realty Upper Midwest are included for the years ending December 31, 2022, December 31, 2023, and December 31, 2024. This means that the FDD provides a three-year financial history of the sub-franchisor's operations.
Prospective franchisees should carefully review these financial statements to assess the financial stability and performance of Exit Realty Upper Midwest. Analyzing trends in revenue, expenses, assets, and liabilities over these three years can provide insights into the sub-franchisor's financial health and its ability to support its franchisees.
It is important to note that these are the financial statements for the sub-franchisor, Exit Realty Upper Midwest, and not for the parent company, Exit Realty Corp. International, whose financials are also included in the FDD. Franchisees should examine both sets of financial statements to gain a comprehensive understanding of the financial standing of the overall Exit organization.