What is the full legal name of the franchisor for Cinch I.T.?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
| FRANCHISOR: CINCH FRANCHISE, LLC | |
|---|---|
| BY: | |
| OFFICE HELD: | |
| "INDIVIDUAL FRANCHISEE" | |
| FRANCHISEE: | |
| PRINT NAME OF INDIVIDUAL | |
| (SIGNATURE AND DESIGNATION OF SOLE PROPRIETOR OR PARTNER AS THE CASE MAY BE) | |
| FRANCHISEE: | |
| PRINT NAME OF INDIVIDUAL |
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to the 2024 Cinch I.T. Franchise Disclosure Document, the franchisor is CINCH FRANCHISE, LLC. This information is crucial for prospective franchisees as it identifies the legal entity they will be contracting with.
Knowing the franchisor's legal name is essential for verifying the legitimacy of the franchise opportunity and understanding the structure of the franchising company. Franchisees need this information for legal and business documentation, including the franchise agreement and any related contracts.
It is typical in the franchise industry for the franchisor to be a limited liability company (LLC) or another corporate entity, which provides a layer of legal protection. This structure helps to separate the franchisor's personal assets from the business's liabilities. Therefore, franchisees should confirm this information and conduct their own due diligence on CINCH FRANCHISE, LLC.