We are a Florida corporation, incorporated bn August 2, 2004. We do not have a parent company. Our principal business address is 13900 US 19 N, Clearwater, Florida 33764. Our agents for service of process are disclosed In Exhibit G.
We: began offering franchises under the Our Town lOgO in December 2004 and in 201‘4 transitioned to the Our Town America lOgo. Other than the unit franchises described above, we do not offer and have not ^previously offered franchises in any .other line of business'. .Beginning in January 20 l 1 we began servicing various corporate accounts by providing, them, with, certairi direct ma:il marketing services. Other than this, and the production services we offer disclosed below, we are not engaged in any other line Of business.
We offer two types of franchises, unit franchises and regional development franchises. Unit franchisees operate franchised businesses under the: Our Town America logo that offer high quality, personalized direct mail marketing services and products that promote local businesses for distribution to individuals artd families that have indicated a change of address within the local community. These franchisees will solicit local businesses and sell them monthly direct mail marketing that is projduced and distributed exclusively by our affiliate Our Tovyn, Inc. (“OTI”)., As of December 31, 2018 there were 61 Owr-Town.unit franchisees.,
You must pay us an initial fee determined by multiplying $25,000 by the number of unit franchises .yoii must develops which is at least 4 units ($100;000 initial fee). You must pay this fee in a lump sum when you sign the Regional Development Agreement. This fee is fully earned when paid and is nonrefundable. You must also purchase at least one package of franchise advertising materials from our' affiliate. The cost for these materials is $250 per package. This amount is due upon receipt of an invoice and is nonrefundable
We do not offer direct or indirect financing, We do not guarantee your notes, leases or other obligations.
The FTC's Franchise Rule permits a franchisor to provide information about the; actual or potential financial performance of its franchised and/pr 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 only if: (l') 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 perforniance 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 perfotmance of company-owned or franchised outlets. We also do riot authorize our employees or represehtatives to make, any such representations either orally or In writing. If you are purchasing an existing outlet, however,, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future: income, you should report it to our management by contacting Michael Plummer, at 13^00 US 19 N, Clearwater, Florida 3'3764; Email at [email protected]: and Telephone; at (727) 3‘45-08'll, the Federal Trade Commission, and the appropriate state;regulatory agencies.