What is the significance of Frank Oddo's experience as described in Item 2 in relation to City Wide's obligations to franchisees as outlined in Item 11?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 2: BUSINESS EXPERIENCE]
ITEM 2 BUSINESS EXPERIENCE
Founder: Frank Oddo
Mr. Oddo is the Founder and former CEO of City Wide Maintenance Company, Inc., of Lenexa, Kansas, since its incorporation on March 1, 1965. Mr. Oddo now serves on each of the boards of directors of the Affiliates set forth in ITEM 1.
Founder and CEO: Jeffrey B. Oddo
Mr. Oddo is the Founder and CEO of City Wide Franchise Company, Inc. since its incorporation on May 22, 2001. Mr. Oddo is on the Board of our Parent Co. Mr. Oddo also serves as an officer, director on each of the boards of directors and is an owner of the Affiliates outlined in ITEM 1.
President: Michael Karp
Mr. Karp serves as President of CITY Wide Franchise Company, Inc. since January 2025. Mr. Karp is also a limited partner at Pacific Lake Partners, a private equity firm based in Boston, Massachusetts, specializing in the search fund investment space. From July 2016 to January 2025, he served as an investor and part-time CEO of BEX Technology Solutions, a technology-enabled real estate firm operating a nationwide real estate lead generation portal. From 2011 to 2016, Mr. Karp served as an investor and key executive at Liazon Inc., the country's leading private benefits exchange, which was acquired by Towers Watson, located in Buffalo, New York.
General Counsel: Nile Kaya
Ms. Kaya serves as General Counsel of CITY WIDE since January 2025. From May, 2022 to October, 2024, she worked as General Counsel / Chief Legal Officer for ELM Home & Building Solutions in East Brunswick New Jersey. From December, 2017 to May, 2022, Ms. Kaya served as General Counsel & Vice President for Aucera (formerly known as Dial America Marketing) located in Mahwah New Jersey.
Chief Financial Officer: Molly Schaar
[Item 11: FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING]
ITEM 11 FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING
Except as listed below, CITY WIDE is not required to provide any assistance to you.
Before you open your business, CITY WIDE will:
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- Provide you with a mandatory initial training program (See Section 4.1 of the Franchise Agreement);
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- Provide you with one copy of (or electronic access to) the confidential Operating Manual for you to use during the term of the Franchise Agreement (See Section 4.5 of the Franchise Agreement); and
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- Provide you with the required CITY WIDE hardware, software, peripherals, and related licenses at or before initial training.
During th
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, Frank Oddo's extensive experience is significant because it establishes the foundation of the City Wide system. Item 2 highlights that Mr. Oddo is the Founder and former CEO of City Wide Maintenance Company, Inc., since its incorporation on March 1, 1965. This long-standing history implies a well-established business model and a wealth of knowledge that franchisees can potentially benefit from. His current role on the boards of directors of the Affiliates also suggests continued involvement and oversight.
Item 11 outlines City Wide's obligations to provide assistance, advertising, computer systems, and training to franchisees. Specifically, before a franchisee opens their business, City Wide commits to providing a mandatory initial training program, access to the confidential Operating Manual, and the required hardware, software, peripherals, and related licenses. Frank Oddo's experience likely informs the content and quality of these resources, ensuring they reflect the most effective practices developed over decades.
The combination of Frank Oddo's background and City Wide's Item 11 obligations suggests that franchisees will receive training and support rooted in real-world experience. However, Item 11 also states that "Except as listed below, CITY WIDE is not required to provide any assistance to you." This statement sets a clear boundary on the franchisor's commitments, indicating that while initial support is provided, ongoing assistance may be limited. Prospective franchisees should carefully consider the scope of support offered and how it aligns with their needs and expectations.