5/10

Franchimp Summary Rating

4 /10
Lower than 64% of peers
6 /10
Lower than 48% of peers

Franchise Summary

Description
This is the Disclosure Document for the sale of an EXIT "Franchise. " The EXIT Franchise purchaser (the "Franchisee" or "You") will operate a real estate sales office. The above trademark is the primary business trademarkthat an EXIT Franchisee will use in its business.
Company Background
EXiT Realty is a company that specializes in real estate sales offices. We are the first to introduce our Exit Franchise program, which allows people to purchase their own business without the risk of being an entrepreneur. The EXiT Realty Exit Franchise offers a personalized experience with all its services for one low price.
Franchise Opportunity
Buying a real estate franchise can be a daunting task. You need to know what you're getting into before you sign any contracts. Most people don't realize that there are risks associated with buying a real estate franchise. If the franchisor goes out of business, you could lose everything. EXiT Realty is different. We offer a disclosure document that outlines the risks and rewards of owning an Exit Franchise. We also have an A+ rating with the Better Business Bureau, so you can rest assured that we're here to stay.
Corporate Structure
Subfranchisor is EXIT Realty Corp. USA, a Massachusetts corporation with its principal offices located at 400 TradeCenter, Suite 5900, Woburn, Massachusetts, 01801, ('EXIT Realty Corp. USA'). John P. Yentz, Esq., c/o DeWitt LLP, 13845 Bishop's Drive, Suite 300, Brookfield, Wisconsin 53005, is authorized to receive service of process for EXIT Realty Corp. USA. Exhibit B also lists the state agencies authorized to receive service of process. EXIT Realty Corp. USA is a corporation owned by EXIT. It has been in the business of selling real estate franchises since 2007. EXIT Realty Corp. USA has no predecessors. EXIT Realty Corp. USA has never offered franchises in other lines of business. EXIT Realty Corp. USA is a wholly owned subsidiary of EXIT Realty Corp. International, further described below. EXIT Realty Corp. USA has no company owned Franchises.

Franchisee Attrition

4 /10
This franchise's rate of attrition in 2021 of 5.64% was Slightly Lower than the 6% in the Real Estate industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Distribution of EXiT Realty Franchisees

EXiT Realty Franchise System Development in 2024

FAQ

How much investment do I need to start my own EXiT Realty business?
Franchisees typically require at least $60,800 to $209,000 investment to get their EXiT Realty business started
What are the initial franchise fees for EXiT Realty?
Franchisees typically need to pay at least $7,500 in fees directly to EXiT Realty in order to earn the right to launch their business
How much money can I make with a EXiT Realty franchise? What are the average revenues for a typical EXiT Realty business?
We haven’t done the math on how much revenue a typical EXiT Realty brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect EXiT Realty to generate a similar amount
How long do I need to commit to running a EXiT Realty unit? What is my contractual commitment?
EXiT Realty franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

6 /10
The Franchisor's investment costs ranges from $60,800 to $209,000 which is Much Lower than the $0 to $0 average in the Real Estate industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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