What was the total franchise revenue for Exit in 2024?
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 revenue for the year 2024 was $502,601. This figure is the sum of initial franchise fees, franchise commissions, and assignment income that Exit earned during that year. This number reflects the revenue generated specifically from franchise-related activities, not overall revenue.
Initial franchise fees, which amounted to $90,956 in 2024, are the upfront payments new franchisees make to join the Exit system. Franchise commissions, the largest component at $396,513, are ongoing fees calculated as a percentage of net sales earned by franchisees. Assignment income, which totaled $15,132, comes from the transfer of franchise rights or ownership interests between franchisees.
For a prospective Exit franchisee, understanding the composition of this revenue is crucial. It highlights 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. This means that Exit has a vested interest in supporting its franchisees to maximize their sales and overall profitability.
It's also worth noting that these figures represent only franchise revenues and do not include other potential revenue streams for Exit, such as management fees, revenues from sponsorships, or other sources of income. A potential franchisee should consider these revenue streams when evaluating the overall financial health and stability of the Exit franchise system.