FranchiseVerdict
EXIT Realty logo
FV-00886·MODERATEExcellent86

EXIT Realty

Real EstateFranchising since 1997Website
Investment
$75K – $216K
68th pct Real Estate
Avg revenue
32nd pct Real Estate
Royalty
Units
518
93rd pct Real Estate
SBA default
0.0%
vs <3% typical

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.
  • Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 16 loans (below the industry average).
  • Auditor disclosed a going-concern note — 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.
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.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one EXIT Realty unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $75K–$216K
Working capital
$
FDD reports $20K–$70K

Unlevered ROIC · per unit

55%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$191K
Payback
22 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

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
Founded
1995
FDD year
2025
States available
45

Item 7 · what it costs

The Vitals

Total investment
$75K – $216K
All-in to open one unit
Liquid capital
$20K – $70K
Cash you must have on hand
Franchise fee
$32K
Royalty
Transaction Fee of $50-$400 per side
Ad fund
Allocated from Transaction Fees ($12-$96 per side)

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

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
2023
518-50
Franchised units
2024
568
Franchised units
2025
592
Franchised units

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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 21 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
16
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

56
Risk · 0-100
MODERATE56 / 100

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.

Score breakdown · what drove the 56 / 100 rating

  1. 01MINORUnit count declining 8.8% YoY (518 units) indicates shrinking franchise system and potential market saturation or franchisee dissatisfaction
  2. 02MEDNo Item 19 financial performance disclosure (Avg Revenue and Net Income not disclosed) prevents validation of actual earning potential and ROI
  3. 03HIGHMultiple active litigations including breach of contract, tortious interference, and commission disputes suggest franchisor-franchisee relationship tensions and possible operational/contractual issues
  4. 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
  5. 05MINORTransaction-based fee model ($50-$400 per side) creates unpredictable revenue stream dependent on agent productivity and market conditions; no baseline guaranteed income
  6. 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

Territory
Territory
Protected territory
Yes
Initial term
5 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
6
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
1 yrs
Post-termination restriction
Owner-operator
Required
Governing law
New York

Item 11

Training & Operations

Classroom training
29 hrs
On-the-job training
0 hrs
POS system
MEMO
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

92 numbers

Locked
(205) 420-••••
AL
(360) 902-••••
WA
(334) 356-••••
AL

One-time purchase · CSV download · Validation questions included

FDD download

EXIT Realty · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above