EXIT RealtyFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A EXIT Realty franchise requires a total initial investment of $75K – $216K, including a $32K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $75K – $216K
- 49th pct Real Estate
- Avg gross sales
- N/A
- 25th pct Real Estate
- Royalty
- N/A
- Units
- 518
- 70th pct Real Estate
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Real Estate · color = vs category peers
Green = >15% above Real Estate avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchising since 1997. Systems this mature have refined operations and brand recognition.
The system contracted 9% year-over-year. Investigate why units are closing.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $75K – $216K including a $32K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 52/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- EXIT Realty Corp. International
- Parent company
- EXITUS Holdings Inc.
- Predecessor
- of Subfranchisor
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Craig Witt
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Ontario, Canada
- HQ
- 6800 Jericho Tpke, Suite 120W, Syosset, New York 11791
- Auditor
- Aprio, LLP
- Audited financials
- Franchisor revenue
- $16.0M
- vs $15.4M prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
EXIT Realty franchisees operate real estate brokerage offices, recruiting and managing licensed agents who conduct residential property sales. Franchisees generate revenue through transaction-based fees ($50-$400 per transaction side) paid by agents, plus potential ancillary services. Day-to-day operations involve agent recruitment, training, compliance management, transaction processing, and office administration.
- CEO
- Craig Witt
- Headquarters
- NY
- Founded
- 1995
- FDD year
- 2025
- States available
- 45
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $32K | $32K |
| Working capital (3–6 mo) | $20K | $70K |
| Equipment, build-out, other | $23K | $114K |
| Total initial investment | $75K | $216K |
Source: EXIT Realty 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $75K – $216K
- Near category avg vs category
- Liquid capital req'd
- $20K – $70K
- Near category avg vs category
- Franchise fee
- $22K – $32K
- Better than avg vs category
- Royalty
- Transaction Fee of $50-$400 per side
- Ad fund
- Allocated from Transaction Fees ($12-$96 per side)
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Technology fee | $250 |
| Transfer fee | $8K |
| Renewal fee | $3K |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Real Estate averages
How EXIT Realty Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 518
- Opened
- 29
- Last reporting year
- Closed
- 25
- Turnover rate
- 4.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -8.8%
- Net unit change last year
- 3-yr CAGR
- -12.5%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 4
- Terminated (3yr)
- 27
- Non-renewed (3yr)
- 22
- Transfers (3yr)
- 30
- Reacquired (3yr)
- 22
- Franchisor bought back
- Transfer rate
- 5.8%
- Owners selling to other franchisees
- Termination rate
- 9.5%
- Franchisor-initiated terminations
- Ceased ops
- 0.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 21 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Illinois
- Michigan
- South Dakota
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 6 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 6
- Loan volume
- $788K
- Median loan
- $45K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into EXIT Realty's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 5 lenders with concentration factor
- Per-state charge-off rates across 5 states
- Startup risk premium and job creation velocity
- 4-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
EXIT Realty presents elevated risk due to contracting unit base, undisclosed financials, active litigation including antitrust exposure, and variable transaction-based fee structure that obscures true earnings potential.
Litigation (Item 3)
Everyday Grace LLC v. Key Players LLC and others (pending, unspecified damages exceeding $1,000,000 plus $2,000,000 punitive damages); Bruce Evans v. EXIT Realty Lake Country and EXIT Realty Corp. International (settled September 30, 2024, with franchisor pursuing indemnity claims); 71353 Newfoundland & Labrador Inc. v. EXIT Realty Corp. International (filed 2016, inactive for 4+ years, claims $2,500,000 damages and $975,000 on guarantee; franchisor counterclaimed $1,278,090.55)
Largest disclosed settlement: $2,500,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Aprio, LLP⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 52 / 100 rating
- 01MINORUnit count declining 8.8% YoY (518 units) indicates shrinking franchise system and potential market saturation or franchisee dissatisfaction
- 02MEDNo Item 19 financial performance disclosure (Avg Revenue and Net Income not disclosed) prevents validation of actual earning potential and ROI
- 03HIGHMultiple active litigations including breach of contract, tortious interference, and commission disputes suggest franchisor-franchisee relationship tensions and possible operational/contractual issues
- 04MEDInvolvement in industry-wide antitrust class actions regarding real estate commission practices creates regulatory and reputational risk that could impact franchisee operations and brand value
- 05MINORTransaction-based fee model ($50-$400 per side) creates unpredictable revenue stream dependent on agent productivity and market conditions; no baseline guaranteed income
- 06MINOR5-year term is relatively short, creating uncertainty in long-term viability and capital recovery timeline for $75K-$216K investment
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Territory |
| Protected territory | Yes |
| Territory population | 10,000 |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | New York |
| Litigation count | 6 |
View Item 3 litigation summary
Everyday Grace LLC v. Key Players LLC and others (pending, unspecified damages exceeding $1,000,000 plus $2,000,000 punitive damages); Bruce Evans v. EXIT Realty Lake Country and EXIT Realty Corp. International (settled September 30, 2024, with franchisor pursuing indemnity claims); 71353 Newfoundland & Labrador Inc. v. EXIT Realty Corp. International (filed 2016, inactive for 4+ years, claims $2,500,000 damages and $975,000 on guarantee; franchisor counterclaimed $1,278,090.55)
Items 10, 11
Training & Operations
- Classroom training
- 29 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and at franchisor location
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Site selection
- franchisee
- POS system
- MEMO
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: MEMO
Item 20 · call current owners
Franchisee Contacts
92 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
EXIT Realty · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a EXIT Realty franchise?
The total investment to open a EXIT Realty franchise ranges from $75K – $216K, with an initial franchise fee of $32K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do EXIT Realty franchise owners earn?
EXIT Realty does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is EXIT Realty's franchise failure rate?
SBA 7(a) loan charge-off data is not available for EXIT Realty (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many EXIT Realty franchise locations are there?
As of their most recent FDD filing, EXIT Realty has 518 total units in the United States, including 518 franchised units and 0 company-owned units. 29 new units were opened in the latest reporting year.
Is EXIT Realty a good franchise to buy?
FranchiseVerdict rates EXIT Realty as a A-grade franchise with a risk score of 52 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.