What is the Exit Realty Upper Midwest's expected maturity amount for notes payable in 2027?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Future maturities of notes payable are as follows:
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
Based on Exit Realty Upper Midwest's 2025 Franchise Disclosure Document, the specific maturity amounts for notes payable in 2027 are not explicitly detailed. However, the FDD does include a table outlining the future maturities of notes payable. This table provides an overview of the total amounts due in various future years, which would include 2027.
While the aggregate amount of note maturities for 2027 is not specified, the document provides details on several notes payable, including those to Exit Realty Corp. International and the U.S. Small Business Administration. These notes have varying interest rates and payment schedules extending through September 2033 and November 2052, respectively. The notes are for franchise territories in Wisconsin, Minnesota, Michigan, and Illinois.
Prospective franchisees should note that the absence of a specific maturity amount for 2027 in the provided excerpts means they will need to seek further clarification from Exit regarding the expected debt obligations for that year. Understanding the precise schedule of note maturities is crucial for assessing the financial obligations and cash flow requirements of the franchise.
To gain a clearer understanding of the financial obligations, a potential franchisee should ask Exit for a detailed breakdown of the notes payable schedule, specifying the amounts due in each year, including 2027. This information is essential for accurate financial planning and risk assessment.