What were the total fees and dues for Exit in 2022?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| Years Ended December 31 | ||||
|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||
| Franchise revenues: | ||||
| Initial franchise fees | $ 90,956 | $ 104,355 | $ 107,263 | |
| Franchise commission | 396,513 | 575,252 | 748,794 | |
| Assignment income | 15,132 | 11,181 | 10,282 | |
| Total franchise revenues | $ 502,601 | $ 690,788 | $ 866,339 |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, total franchise revenues for 2022 were $866,339. This figure represents the sum of initial franchise fees, franchise commissions, and assignment income for that year. Initial franchise fees totaled $107,263, franchise commissions amounted to $748,794, and assignment income was $10,282.
For a prospective Exit franchisee, understanding the composition of these revenues is crucial. Initial franchise fees represent upfront payments from new franchisees, while franchise commissions reflect ongoing revenue generated from sales activities. Assignment income, on the other hand, stems from the transfer of franchise rights. The substantial contribution of franchise commissions to the total revenue underscores the importance of sales performance within the Exit franchise system.
It's important to note that these figures represent the total franchise revenues received by Exit, and not the earnings or expenses of individual franchisees. A prospective franchisee should carefully analyze these figures in conjunction with other financial disclosures in the FDD to gain a comprehensive understanding of the potential costs and revenues associated with operating an Exit franchise. Further due diligence, including discussions with existing franchisees, is recommended to assess the financial viability of the franchise opportunity.