What is Jeff Konopack's ownership stake in Deck Medic?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
Jeff Konopack, Owner and Vice President of Franchise Development
Jeff Konopack is our owner and Vice President of Franchise Development and Mr. Konopack has served in this role since our formation in January 2016. Since 2016 and continuing to date, Mr. Konopack has served as an owner and operator of our affiliate owned Deck Medic Businesses located in Illinois.
Source: Item 2 — BUSINESS EXPERIENCE (FDD page 10)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, Jeff Konopack is identified as an owner of Deck Medic, Inc. He also holds the position of Vice President of Franchise Development. The document does not specify the exact percentage of ownership Mr. Konopack holds in Deck Medic.
While the FDD mentions that Mr. Konopack has been an owner and Vice President of Franchise Development since the company's formation in January 2016, it does not provide details about the size of his ownership stake. This information is important for prospective franchisees to understand the distribution of ownership and potential control within the company.
A prospective franchisee should directly ask Deck Medic's management for clarification on the ownership percentages of its key personnel, including Jeff Konopack. Understanding the ownership structure can provide insights into the decision-making processes and potential alignment of interests within the franchise system.