In what state was WAM Gold, LLC, the affiliate of Crown Gold Exchange, filed?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
Our affiliate, WAM Gold, LLC has operated Crown Gold Exchange in the following markets since 2010. This entity was filed on 8/20/2010 in California. This affiliate has the same business address as us. The operating locations which are owned by this Affiliate are based in the following markets:
Riverside, CA, opened October 2010 Chino, CA, opened December 2010 Redlands, CA, opened March 2011 Ontario, CA, opened June 2011 Hemet, CA, opened December 2011 Palm Desert, CA, opened January 2013 Rancho Santa Margarita, CA, opened March 2013
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–8)
What This Means (2024 FDD)
According to the 2024 Franchise Disclosure Document, WAM Gold, LLC, an affiliate of Crown Gold Exchange, was filed in California on August 20, 2010. The affiliate has the same business address as Crown Gold Exchange.
The document lists several operating locations owned by WAM Gold, LLC, all based in California. These locations include Riverside (opened October 2010), Chino (opened December 2010), Redlands (opened March 2011), Ontario (opened June 2011), Hemet (opened December 2011), Palm Desert (opened January 2013), and Rancho Santa Margarita (opened March 2013).
This information is relevant for prospective franchisees as it provides insight into the operational history and geographical focus of Crown Gold Exchange's affiliate. It shows that the affiliate has been operating in California since 2010, which may indicate a level of experience and market knowledge in that state. Franchisees might consider this when evaluating the franchisor's support and understanding of the gold exchange business model.