What was the total number of Exit franchise transfers in 2024?

According to Exit's 2025 Franchise Disclosure Document, there were a total of 30 franchise transfers in 2024. This number reflects the total transfers of Exit franchises across all states during that year. Reviewing transfer rates can provide insight into the stability and desirability of the franchise system. A high number of transfers could indicate issues with franchisee profitability or satisfaction, while a low number might suggest a stable and successful network. However, transfers can also occur for positive reasons, such as franchisees retiring or pursuing other opportunities.

It's important to note that transfer numbers can vary significantly from year to year and from state to state. For example, in 2024, Alabama had 5 transfers, while several states such as District of Columbia, Iowa, and Maryland had none. This variability highlights the importance of considering local market conditions and individual franchisee circumstances when evaluating transfer data. Prospective franchisees should investigate the reasons behind transfers in their specific target area to gain a more nuanced understanding.

In addition to the overall number of transfers, the FDD provides data on the number of transfers per state. This information can be useful for identifying states with higher or lower transfer rates, which may be influenced by local market conditions, regulatory environments, or other factors. Analyzing these trends can help prospective franchisees assess the potential risks and opportunities associated with investing in an Exit franchise in a particular state. It is also important to note that Exhibit E-1 lists the names of all franchisees who transferred their franchise to a new owner during the calendar year 2024.