Since when has Cinch Franchise, LLC offered franchises for Cinch I.T. businesses?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
The Franchisor is Cinch Franchise, LLC, a limited liability company organized under the laws of the Commonwealth of Massachusetts on January 2, 2019 with a principal business address located at 27 West Mountain Street, Worcester, Massachusetts 01606. Our telephone number is (877) 442-4624. We are owned by our member. We conduct business under our corporate name, under the trade name and service mark "CINCH I.T." We have never operated a business similar to the Franchised Business. We have offered franchises for CINCH I.T. businesses since April 20, 2019. We have never offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–12)
What This Means (2024 FDD)
According to the 2024 Cinch I.T. Franchise Disclosure Document, Cinch Franchise, LLC has been offering franchises for Cinch I.T. businesses since April 20, 2019. Cinch Franchise, LLC, the franchisor, was established as a limited liability company in Massachusetts on January 2, 2019. The company operates under its corporate name and the trade name and service mark "CINCH I.T."
It is important to note that Cinch Franchise, LLC has never operated a business similar to the franchised business itself. However, one of Cinch I.T.'s affiliates, Cinch I.T. of Massachusetts, Inc. (Cinch I.T. MA), does operate a similar business. This means that while the franchisor is relatively new to franchising, an affiliated entity has experience in the I.T. support services sector.
Prospective franchisees should consider that the franchisor's limited franchising history might mean less established systems and support compared to more experienced franchisors. However, the affiliate's operational experience could provide valuable insights and guidance. It would be prudent for potential franchisees to inquire about the nature and extent of support and knowledge transfer from Cinch I.T. MA to Cinch Franchise, LLC.