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General

Industry

Real Estate

Category

Brokerage Services

Works with Franchise Brokers

No

Year of Founding

1995

Fees

Marketing Fee

NA

Royalty Fee

10%

Franchise Fee

$7,500-$25,000

Investment Range

$63K-$212K

Location units

Total U.S. Locations

585

U.S. Franchised Units

585

U.S. Corporate Units

N/A

Headquarters (City)

Woburn

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

No

Started Offering Franchises

1997

Issuance of FDD Data

04/15/2022

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$63K-$212K

Franchise Fee

$7,500-$25,000

What to know about Exit franchise?

The EXIT Franchise purchaser will operate a real estate sales office. They offer a free consultation to discuss your franchise needs. They have a team of experienced franchisees who are familiar with the local market. What sets Exit franchise apart from other real estate companies is their focus on customer service. They offer a wide range of services to their clients, including Free consultations, A team of experienced franchisees, Franchise support, Competitive commission rates, and A wide variety of training programs. Every EXIT Associate and the clients they serve are backed by experience, dedication, and a proven commitment to putting people first.

Exit is based in Woburn, MA. Scroll down to learn more!

How much does a Exit franchise cost?

Are you wondering how much is a Exit franchise? Before starting a Exit franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Exit franchise is $62,800 and can go all the way up to $212,000. Keep in mind, you should also allocate additional funds to live off of while the Exit business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Exit franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Exit business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Exit franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Exit. Hotels to the Brokerage Services, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 501 70 43 507
2017 473 63 25 527
2018 527 58 30 544
2019 544 63 34 545
2020 545 66 35 550
2021 550 66 18 585

Additional Details

How much does a Exit franchise owner make?

Exit franchise earnings and revenue can vary significantly from one franchisee to another.
The Exit franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Exit unfortunately does not disclose financials on how much Exit franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Exit does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Exit franchisees. Do note that Exit is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Exit franchisees to understand how much money they are making from their Exit business.

You should also speak to former Exit franchisees to understand why they left the system. Did they sell their Exit at a profit? Were they forced to close their Exit franchise down because it kept losing money?

What is the Exit franchise fee?

Owning a Exit franchise requires 10% royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Exit Franchise Disclosure Document

Keep in mind, there is also an initial Exit franchise fee of $7,500 that is included in the initial investment amount of $62,800 to $212,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Exit franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Exit franchise fee of $7,500.

Visit the Exit metrics tab to explore the financials for this business, royalty and marketing fees compare to other Real Estate franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Exit founded?

Exit started offering franchises in 1997. Exit was founded 27 years ago in 1995.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Exit locations are in the U.S.?

As of 2022, there were 585 locations across the U.S. There are also 0 corporate locations. Most Real Estate franchises like Exit have more franchised locations than corporate locations.

How many Exit franchises opened over the past few years?

Over the prior 3 years we have data for, Exit has opened 195 outlets throughout the U.S. Visit the Exit metrics tab to explore how the openings compare to other Real Estate franchises.

How many Exit franchises closed over the past few years?

Over the prior 3 years we have data for, Exit has closed 87 outlets throughout the U.S

Visit the Exit metrics tab to explore how the openings compare to other Real Estate franchises.

Is Exit growing? Are they opening more locations than they are closing?

The net unit growth rate for Exit over the past 3 years is 8%. Over the last year we have data for, Exit had a net unit growth rate of 6%.

Without a comparison, this number doesn’t mean much. Compare how the Exit growth rate compares to 2,000+ other franchises and Industry franchises like Exit. More info in the Exit metrics tab.

Is Exit franchise eligible for an SBA Loan?

Exit is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Exit franchise was assigned the SBA Franchise ID of S4123 on 04/16/2019. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Exit that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Exit a franchise in the United States?

According to the SBA, Exit meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Exit provides you with an FDD if you are in discussion to buy a Exit.

What is the Exit Franchise for Sale Rate?

The Exit systemwide health and franchisee satisfaction can be measured by the Exitfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Exit franchise for sale rate over the past 3 years is 23%. Over the last year we have data for, Exit had a franchise for sale rate of 5%.

Without a comparison, this number doesn’t mean much. Compare how the Exit franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Exit. More info in the Exit metrics tab.

What is the Exit Franchise Failure Rate?

Exit franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Exit failure rate over the past 3 years is 15%. Over the last year we have data for, Exit had a franchise failure rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Exit franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Exit. More info in the Exit metrics tab.

How can I find out more details on Exit franchise?

Visit the Exit metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Exit

$137,400

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Exit

10%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Exit

$16,250

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Real Estate

Category

Brokerage Services

Works with Franchise Brokers

No

Year of Founding

1995

Fees

Marketing Fee

NA

Royalty Fee

10%

Franchise Fee

$7,500-$25,000

Investment Range

$63K-$212K

Location units

Total U.S. Locations

585

U.S. Franchised Units

585

U.S. Corporate Units

N/A

Headquarters (City)

Woburn

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

No

Started Offering Franchises

1997

Issuance of FDD Data

04/15/2022

Detailed Franchise metrics for Exit

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Exit below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Exit

1%

8%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Exit

10%

23%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Exit

6%

15%

Industry median

All franchises median

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Business details

Website

https://exitrealty.com/

Business email

**********@******.com

Mailing address

400 TradeCenter, Suite 5900

State headquarters

Massachusetts

Contact Name

Exit

Phone

+1 (000) 0********00

City

Woburn

Zip code

01801
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