What is Exit Realty Upper Midwest's estimated cost to purchase a computer for the franchise?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
ated to real estate transactions, such as office rent, postage expenses, utility expenses, etc.
EXIT Realty Upper Midwest estimates that your cost to purchase a computer is $500- $1,000 per computer. There is a minimum of 1 computer required for the Franchise, although it is likely that you will need 2-4 computers during your initial 6 months in business. Your obligation to upgrade your com
Source: Item 11 — FRANCHISOR'S AND SUBFRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 19–24)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, Exit Realty Upper Midwest estimates the cost to purchase a computer for the franchise to be between $500 and $1,000 per computer. The FDD specifies that a minimum of one computer is required to operate the franchise. However, Exit anticipates that franchisees will likely need between two and four computers during their initial six months of business.
This estimate provides prospective Exit franchisees with an idea of the initial investment needed for computer hardware. The range allows for some flexibility depending on the franchisee's choice of computer and vendor. It is important to note that this is only an estimate, and actual costs may vary based on market conditions and the specific computer systems chosen.
Furthermore, Exit may require franchisees to upgrade their computer hardware and software to maintain compatibility with the MEMO (Franchise Report System) software. This obligation to upgrade is dependent upon technology advances and Exit's upgrades to MEMO. Therefore, franchisees should factor in potential future upgrade costs when budgeting for their technology needs.