factual

What is the relationship between Cinch I.T. MA and Cinch I.T.?

Cinch_I_T Franchise · 2024 FDD

Answer from 2024 FDD Document

Through common ownership, we are affiliated with Cinch IT of Massachusetts, Inc., which was formed in Massachusetts on March 5, 2013 under the name Simply IT, Inc. Its name was amended to Cinch IT, Inc. on May 27, 2015 and then to Cinch I.T. of Massachusetts, Inc. on January 4, 2019 ("Cinch I.T. MA"). Its principal business address is 27 West Mountain Street, Worcester, Massachusetts 01606. Cinch I.T. MA operates a business similar to the franchises offered in this Disclosure Document.

Source: Item 2 — BUSINESS EXPERIENCE (FDD page 12)

What This Means (2024 FDD)

According to the 2024 Cinch I.T. Franchise Disclosure Document, Cinch I.T. MA (Cinch I.T. of Massachusetts, Inc.) is an affiliate of Cinch Franchise, LLC, the franchisor. This affiliation is due to common ownership. Cinch I.T. MA was initially formed as Simply IT, Inc. on March 5, 2013, in Massachusetts, later changing its name to Cinch IT, Inc. on May 27, 2015, and then to Cinch I.T. of Massachusetts, Inc. on January 4, 2019. Cinch I.T. MA operates a business similar to the franchises being offered by Cinch I.T.

Several key individuals associated with Cinch I.T. also have connections to Cinch I.T. MA. Richard E. Porter, the Managing Member of Cinch I.T. since January 2, 2019, has been the CEO/President of Cinch I.T. MA and owner of its predecessor, Simply IT, since 2011. Michael Mosher, the Director of Technology for Cinch I.T. since 2019, has been the Director of Technology for Cinch I.T. MA since 2015. Morgan Hill, the Director of Support for Cinch I.T. since 2019, has been the Director of Support for Cinch I.T. MA since 2015.

The principal business address for both Cinch Franchise, LLC (Cinch I.T.) and Cinch I.T. MA is the same: 27 West Mountain Street, Worcester, Massachusetts 01606. This shared address and the overlapping roles of key personnel suggest a close operational relationship between the franchisor and its affiliate. This type of arrangement is common in franchising, where the franchisor may have an affiliated company that operates a similar business or provides services to franchisees.

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.