On what date was Fitstop USA, Inc. incorporated?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
Fitstop USA, Inc. is the franchisor. To simplify matters, this document will refer to the franchisor as "we," "us," or "our." "Franchisee", "you" or "your" means the company which buys the franchise, including company's owners, partners, controlling shareholders, officers, guarantors, and managers, if any. If the owners, partners, controlling shareholders, officers, or guarantors are married and your spouse is not an owner, partner, controlling shareholder, officer, or guarantor of the franchise business, certain provisions of our Franchise Agreement will also apply to your spouse.
We incorporated in Delaware on July 22, 2022. Our principal business address is 2260 S. Centinela Ave., Suite 150, Los Angeles, CA 90064. We conduct business under our corporate name and under the primary mark FITSTOP®, as well as any and all other marks, logos, designs and names that we designate for licensing as part of our franchise system from time to time (collectively, the "Proprietary Marks").
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–9)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, Fitstop USA, Inc. was incorporated in Delaware on July 22, 2022. This detail is important for prospective franchisees as it establishes the legal standing and history of the company they are considering partnering with. Understanding the incorporation date allows potential franchisees to assess the company's track record and stability in the market.
Knowing the incorporation date helps in conducting due diligence on Fitstop. A franchisee might want to investigate the company's history since its incorporation, including any legal or financial issues. This information can be used to evaluate the franchisor's experience and potential risks associated with investing in the franchise.
Furthermore, the FDD mentions that Fitstop's parent company, Fitstop Holdings Pty Limited, was formed in Australia in October 2018. While the parent company's history might indirectly influence the franchise's operations, the incorporation date of Fitstop USA, Inc. is the direct indicator of the franchise's establishment in the United States.