As stated in the Exit Realty FDD, what exhibit contains the audited financial statements?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| FINANCIAL STATEMENTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| 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 |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the audited financial statements for Exit Realty Upper Midwest are included as Exhibit F. The financial statements included in Exhibit F cover the years ending December 31, 2022, December 31, 2023, and December 31, 2024.
It is standard practice for franchisors to include audited financial statements in their FDDs, as this provides potential franchisees with an overview of the franchisor's financial health. Reviewing these statements is a crucial step in the due diligence process for prospective franchisees.
By providing these audited financial statements, Exit aims to offer transparency and build trust with potential franchisees, allowing them to make informed decisions about investing in an Exit franchise. Franchisees should carefully examine Exhibit F, possibly with the help of a financial advisor, to fully understand the financial standing of Exit Realty Upper Midwest before making any commitments.