What was the total net change in the number of Exit franchise outlets during 2023?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Upper Midwest | 2022 | 85 | 89 | +4 |
| (IA,IL,MI,MN,ND,SD,WI) | 2023 | 89 | 88 | -1 |
| 2024 | 88 | 83 | -5 | |
| Company Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets – | 2022 | 85 | 89 | +4 |
| Franchises | 2023 | 89 | 88 | -1 |
| 2024 | 88 | 83 | -5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 31–42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the total net change in the number of franchise outlets during 2023 was -1. This means that Exit had one fewer franchise outlet at the end of 2023 than it did at the beginning of the year.
Specifically, Exit started 2023 with 89 franchise outlets and ended the year with 88. This decrease could be due to several factors, such as closures, terminations, or non-renewals of franchise agreements.
It is important to note that this net change only reflects the overall number of franchise outlets and does not provide insights into the performance or health of individual franchises. A prospective franchisee should investigate further to understand the reasons behind the net decrease and assess the overall stability and growth potential of the Exit franchise system.