What was the reported revenue for EXITus Holdings, Inc., a subsidiary of Exit, in 2022?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| EXITus Holdings, Inc. | $ 2,256,833 | $ 2,287,705 | $ 2,199,967 |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, EXITus Holdings, Inc., a related party to Exit, had revenue of $2,199,967 in 2022. The document also lists revenue for EXITus Holdings, Inc. for 2023 and 2024, which were $2,287,705 and $2,256,833 respectively.
It is important to note that EXITus Holdings, Inc. leases its premises to Exit. This related-party transaction should be carefully considered by potential franchisees, as it could impact the financial stability and operational costs of Exit. Franchisees should investigate the terms of the lease agreement and assess whether they are fair and reasonable.
Analyzing the revenue trends of EXITus Holdings, Inc. alongside Exit's overall financial performance can provide valuable insights into the financial health of the franchise system. Prospective franchisees should review the complete financial statements and related notes in the FDD to gain a comprehensive understanding of Exit's financial condition and related party transactions.