Are there any charges for the Exit training course or manuals for approved attendees?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
service mark, color scheme, or related identifying materials, either from a source of supply suggested by EXIT or from any Approved Supplier (as defined in Section 43).
9.11. Attendance of Initial Training Program
- (A) Franchisee and an individual who will serve as the broker of record, or administrator of the Franchise Office shall, at Franchisee's own expense, prior to opening its office, attend and complete to Subfranchisor's and EXIT's satisfaction the next scheduled five (5) day franchisee management training course conducted for franchisees at a predetermined location by Subfranchisor or EXIT. There are no charges for the training course or manuals for approved attendees from each Franchise. However, Franchisee is responsible for its travel, lodging, meals, and related expenses. Franchisee agrees to pay EXIT $500.00, if Franchisee signs up and fails to attend the training of
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, there are no charges for the training course or manuals for approved attendees from each franchise. However, the franchisee is responsible for covering their own expenses related to travel, lodging, meals, and other associated costs while attending the training.
If a franchisee signs up for the training offered by Exit but fails to attend, or if they cancel their attendance with less than thirty days' notice, they will be required to pay Exit a fee of $500. If the franchisee cancels within 10 days or less, the cancellation fee increases to $1,000. Exit retains the option to conduct some or all of the training sessions online.
In addition to the initial five-day franchisee management training course, franchisees are required to attend a one-day training course (if offered) within sixty days of completing the initial training. Exit also offers an Advanced Broker Course, which franchisees are recommended to attend at least once during the five-year term of the Franchise Agreement, with the Franchise Management Training Course as a prerequisite. Franchisees are responsible for their own travel, lodging, meals, and related expenses for these additional training courses as well.