On what date was Punch King Fitness, Inc. formed?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
. Punch King Fitness, Inc. is a California Corporation formed on November 9, 2021. Our principal office is located at 1588 Noriega St., San Franciso, CA 94122. Our agents for service of process are listed in EXHIBIT F.
Predecessors, Parents, and Affiliates.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 6–7)
What This Means (2024 FDD)
According to Punch King Fitness's 2024 Franchise Disclosure Document, Punch King Fitness, Inc. was formed on November 9, 2021, as a California Corporation. This detail is important for prospective franchisees as it establishes the legal standing and history of the company they are considering partnering with. The formation date indicates how long the company has existed as a corporate entity, which can be a factor in assessing its stability and experience.
Knowing the franchisor's formation date allows potential franchisees to conduct their own due diligence, researching the company's history and track record. This information can be used to verify the franchisor's claims and assess the level of risk associated with investing in a Punch King Fitness franchise.
Furthermore, the FDD specifies that Punch King Fitness, Inc.'s principal office is located at 1588 Noriega St., San Franciso, CA 94122. This provides franchisees with a physical address for the company, which can be useful for communication and legal purposes. The FDD also mentions that Punch King, LLC is the parent company of Punch King Fitness, Inc., which is relevant to understanding the overall corporate structure and relationships.