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Business Description

We are a Florida corporation formed in April 2008. Coastal Angler Magazine Franchising, Inc. does business under our corporate name and the name Coastal Angler Magazine. Our principal business address is 457 Montreal Ave. Ste A, Melbourne, FL 32935. Our agents for service for process are disclosed in Exhibit J of this Disclosure Document. Our Business Coastal Angler Magazine Franchising, Inc. franchises a business known as Coastal Angler Magazine (the “Business”) which offers a monthly print publication through a uniform system consisting of editorial compilation, advertising sales, circulation formulas and promotional endeavors under the business format created and developed by Coastal Angler Magazine Franchising, Inc., (the “System”). Coastal Angler Magazine began offering Coastal Angler Magazine franchises in mid-April of 2008. Coastal Angler Magazine has never conducted a business of the type to be operated by its franchisees, offered franchises in any other line of business, or conducted business in any other line of business. It has an affiliate that offers magazine franchises under a different trademark. See affiliates below.

Prior Experience

Coastal Angler Magazine has no predecessors. Therefore, no predecessors have ever offered franchisees for this business and no predecessors have ever offered franchises in other lines of business. Coastal Angler's Affiliates Coastal Angler Magazine has one subsidiary, Free Golf Forum Magazine Franchising Inc. (“Free Golf Forum”) which was formed in April 2013 in Florida as an affiliate and then purchased as a subsidiary in 2017. It has the same principal business address as we do. It offered franchises from 2013 to 2015 under a similar franchise model except that the focus of the monthly print magazine is golf and golf-related topics. Its franchise operations are currently inactive. It has never offered franchises for this business. It has never offered franchises in any other line of business.

Business Offered

Coastal Angler Magazine authorizes you to use its' trademarks and to operate a Coastal Angler Magazine business for the selling of advertising and the distribution of the monthly Coastal Angler Magazine publication. You will provide these services within a defined territory as determined by us. Your defined area is designated in your Franchise Agreement. A copy of a Coastal Angler Magazine Franchise Agreement is included in this Disclosure Document as Exhibit C. As of the end of its last fiscal year, we had 54 outlets in 19 states as well as Costa Rica and the Virgin Islands. See Item 20.

Initial Fees

Franchise Fee The initial franchise fee is $25,000 for an exclusive territory with a population range of up to 500,000. The initial franchise fee is fully earned upon payment, and is not refundable. This fee goes into our general operating fund and is used to defray our costs of recruiting and qualifying new Franchises, fulfilling our pre-opening obligations to new franchisees as well as other operating expenses associated with our business. The Virginia State Corporation Commission's Division of Securities and Retail Franchising requires that all fees are deferred until the franchisor's obligations are completed and the business is open. Likewise, if you are a resident of or if your franchise is located in the States of California, Hawaii or Maryland, all fees are deferred until the franchisor's obligations are completed and the business is open. This means that all initial fees and costs, including fees or costs related to any services rendered, any equipment and/or inventory delivered to or any other costs related to the franchise, are deferred until our pre-opening obligations to you are complete. Currently there is no equipment or other inventory that you would purchase from us. After you complete our initial training program, all of our pre-opening obligations to you are complete. Supplies and Equipment Purchases You will need to purchase supplies and equipment before your business opens. We currently are not a provider of any pre-opening supplies or equipment. See Item 7. You will also be required to purchase and distribute 10,000 copies of the Coastal Angler Magazine but you will not be required to purchase these copies prior to opening your franchise business. See Item 11. Training you must complete Coastal Angler's training program before opening your business. Coastal Angler does not charge tuition for this training for you or your designated manager. For each additional person trained, Coastal Angler may charge a training fee at Coastal Angler's current training rate, which is currently estimated at $200.00 per person, per day. You will be responsible for your own travel expenses. See Item 11.

Financing

We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. Payment of invoices for any products, equipment and supplies that you purchase from us are to be made by check or credit card. We are not obligated to grant you any credit terms. See Item 8.

Franchisee Revenue and Profit

The FTC's Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document. Financial performance information that differs from that included in Item 19 may be given only if: (1) a franchisor provides the actual records of an existing outlet you are considering buying; or (2) a franchisor supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances. We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised businesses. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing business, however, we may provide you with the actual records of that business. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting Coastal Angler Magazine Franchising, Inc. at 457 Montreal Ave. Ste A, Melbourne, 3457165.1 2/19 CA/HI/MD/VA 025092.00012 29 FL 32935 telephone number 321-777-2773, the Federal Trade Commission, and the appropriate state regulatory agencies.