What was the total franchise revenue 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, the total franchise revenues for the year 2022 were $866,339. This figure represents the sum of initial franchise fees, franchise commissions, and assignment income that Exit earned from its franchise operations during that year.
Specifically, the revenue streams contributing to this total include $107,263 in initial franchise fees, $748,794 in franchise commissions, and $10,282 in assignment income. Initial franchise fees are typically one-time payments made by new franchisees upon joining the Exit system. Franchise commissions are ongoing fees, usually a percentage of sales, paid by franchisees to Exit. Assignment income is generated when a franchisee transfers their rights or ownership to another party, with Exit receiving a portion of the transaction.
For a prospective Exit franchisee, understanding these revenue components is crucial. It provides insight into how Exit generates income from its franchise network. The relatively high proportion of franchise commissions suggests that Exit's financial success is closely tied to the sales performance of its franchisees. The initial franchise fees provide upfront capital, while assignment income can fluctuate depending on the transfer of franchise agreements. These figures offer a snapshot of Exit's financial health and the various ways it derives revenue from its franchise system.