Does this table include any information about the geographic distribution of the receipts for Cinch I.T.?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
Other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
EXHIBIT N TO THE DISCLOSURE DOCUMENT
RECEIPTS
RECEIPT
This Disclosure Document summarizes certain provisions of the franchise agreement and other information in plain language. Read this Disclosure Document and all agreements carefully.
If Cinch Franchise, LLC offers you a franchise, it must provide this Disclosure Document to you 14 calendar days before you sign a binding agreement with, or make a payment to, it or an affiliate in connection with the proposed franchise sale. New York and Rhode Island require that Cinch Franchise, LLC provide you with this Disclosure Document at the earlier of the first personal meeting or ten business days before you sign a binding agreement with, or make payment to, it or one of its affiliates in connection with the proposed sale. Iowa and Michigan require that Cinch Franchise, LLC provide you with this Disclosure Document ten business days before you sign a binding agreement with, or make payment to, it or one of its affiliates in connection with the proposed sale.
If Cinch Franchise, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the State Agency listed in Exhibit A.
The name, principal business address, and telephone number of the franchise seller offering this CINCH I.T. franchise is: Richard Porter, 27 West Mountain Street, Worcester, Massachusetts 01606, (877) 442- 4624.
Issuance Date: April 30, 2024. See Exhibit A for our registered agents authorized to receive service of process.
I received a Disclosure Document dated April 30, 2024 that included the following Exhibits:
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to Cinch I.T.'s 2024 Franchise Disclosure Document, the provided excerpts do not contain a table or any information detailing the geographic distribution of receipts. The excerpts focus on defining the Cinch I.T. system, trademarks, confidential information, and general obligations of the franchisee and franchisor. They also include a receipt for the disclosure document, but this receipt does not contain any financial data.
Without specific data on geographic receipt distribution, it's impossible to assess regional performance variations within the Cinch I.T. franchise system. A prospective franchisee would not be able to determine which territories or states generate higher revenues or have stronger market presence based on this documentation alone.
To gain insights into geographic performance, a potential franchisee should ask Cinch I.T. for detailed financial performance representations broken down by region or territory. This information would be crucial for evaluating the potential of different locations and making informed investment decisions. Understanding regional revenue patterns can help in assessing market saturation, local demand, and competitive landscapes.