For what years are Exit's audited financial statements provided?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit F are EXIT Realty Upper Midwest's audited financial statements for the years ending December 31, 2022, December 31, 2023, and December 31, 2024. Also attached as part of Exhibit F are EXIT's audited financial statements for the fiscal years ending December 31, 2022, December 31, 2023, and December 31, 2024.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the audited financial statements for Exit Realty Upper Midwest and Exit Realty Corp. International are attached as Exhibit F. These statements cover the fiscal years ending December 31, 2022, December 31, 2023, and December 31, 2024.
It is standard practice for franchisors to include several years of audited financial statements in their FDDs. This allows potential franchisees to review the financial health and performance of the franchise system over time. The inclusion of three years' worth of statements provides a more comprehensive view of the franchisor's financial stability and trends.
Prospective franchisees should carefully review these financial statements and notes, possibly with the help of a financial advisor, to assess Exit's financial performance, stability, and any potential risks. Understanding the franchisor's financial position is crucial in making an informed investment decision.