factual

Who is the Franchisor attesting to the receipts for a Cinch I.T. franchise?

Cinch_I_T Franchise · 2024 FDD

Answer from 2024 FDD Document

Please provide honest and complete responses to each of the following:
1. Have you received and personally reviewed our Franchise Agreement and all its attachments? Yes
No
CONSIDER THE FOLLOWING QUESTIONS IN REGARD TO INFORMATION PROVIDED DIRECTLY
FROM FRANCHISOR OR ITS REPRESENTATIVES (NOT ITS FRANCHISEES):
2. Has any employee, broker or other person representing Franchisor made any statements or promises concerning
the revenues, profits or operating costs of a CINCH I.T. franchise?
Yes No
3. Has any employee, broker or other person representing Franchisor made any statements or promises, other than
those disclosed at Item 19 of the Disclosure Document, concerning the amount of money you may earn in the operating
of a CINCH I.T. franchise?
Yes No
4. Has any employee, broker or other person representing Franchisor made any statements or promises concerning
the likelihood of success that you should or might expect to achieve from operating a CINCH I.T. franchise?
Yes No
5. Has any employee, broker or other person representing Franchisor made any statements or promises concerning
the advertising, marketing, training or support service or assistance that we will furnish to you that contradicts any
information in the FDD?
Yes No
6. Has any employee, broker or other person representing Franchisor made any statements or promises concerning
the costs you may incur in starting or operating a CINCH I.T. franchise that contradicts any information in the FDD?
Yes No
7. Has any employee, broker or other person representing Franchisor made any statements or promises or agreements
relating to a CINCH I.T. franchise that contradicts any information in the FDD?
Yes No
If you have answered Yes to any of the questions numbered 2 through 7 above, please provide a full explanation for
each. Attach additional pages if necessary.
8. I signed the Franchise Agreement and Addendum (if any) on,, and acknowledge that no
Agreement or Addendum is effective until signed and dated by Franchisor.

Source: Item 23 — RECEIPTS (FDD pages 60–269)

What This Means (2024 FDD)

According to the 2024 Cinch I.T. Franchise Disclosure Document, the document includes a section for receipts that requires the franchisee to answer a series of questions. These questions cover topics such as whether the franchisee has received and reviewed the Franchise Agreement and its attachments.

Additionally, the questionnaire addresses whether any employee, broker, or person representing Cinch I.T. made statements or promises about potential revenues, profits, operating costs, earnings, likelihood of success, advertising, marketing, training, support, or other costs that contradict the information provided in the FDD. The franchisee must provide a full explanation if they answer 'Yes' to any of these questions.

Finally, the franchisee must acknowledge the date they signed the Franchise Agreement and any addenda, and confirm that the agreement is not effective until signed and dated by Cinch I.T., the franchisor. The excerpt does not specify the name or title of the individual at Cinch I.T. who must sign and date the agreement to make it effective.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.