Who is responsible for all costs associated with the acquisition, leasing, and operation of the Exit Franchise office?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
- (C) All costs associated with the acquisition, leasing and operation of the Franchise office shall be the sole responsibility of Franchisee.
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the franchisee is solely responsible for all costs associated with acquiring, leasing, and operating the franchise office. This includes, but is not limited to, the costs of the physical space, equipment, and day-to-day operations.
This means that a prospective Exit franchisee must be prepared to cover all expenses related to setting up and running their office. These costs can include rent or mortgage payments, utilities, office supplies, salaries for staff, and any other expenses necessary to maintain the office. It is important for potential franchisees to carefully consider these costs when evaluating the financial feasibility of the franchise.
Exit requires the franchisee to open and operate a franchise office within the protected territory within 120 days of signing the agreement. The office must be between 750 and 2,000 square feet, depending on the size of the protected territory, and equipped with the necessary furniture, administrator, phones, computer, software, and fax machine. If the franchisee does not select a site, if the franchisee and subfranchisor cannot agree on a site, or if the franchisee has not opened its office within 120 days after signing the Franchise Agreement, the agreement may be voided without any refund of fees paid.