Precision Concrete Cutting, Inc. was incorporated in Utah on October 28, 2004. Our principal business address is 3191 North Canyon Road, Provo, Utah 84604. We have no parent company or affiliates. We provide operational support for our franchisees and operate several businesses of the type that is being franchised in the states of Utah, Colorado, Washington, Arizona, California, and Nevada. We have offered Precision Concrete Cutting® franchises since 2002. We have never offered franchises in any other line of business and have no other business activities.
Our predecessor is Datigen.com, Inc. Datigen was located at 3191 N. Canyon Rd., Provo, Utah. Datigen was originally formed to provide database software but ceased operations in November 2000. Datigen purchased assets of Amerex on January 1, 2002 and continued Amerex's operations, doing business as Precision Concrete Cutting® (“PCC”). Amerex offered concrete cutting trip hazard removal solutions since 1991 until the 2002 acquisition. Datigen offered PCC franchises from 2002 through 2004.
Precision Concrete Cutting, Inc. was incorporated in Utah on October 28, 2004. Our principal business address is 3191 North Canyon Road, Provo, Utah 84604. We have no parent company or affiliates. We provide operational support for our franchisees and operate several businesses of the type that is being franchised in the states of Utah, Colorado, Washington, Arizona, California, and Nevada. We have offered Precision Concrete Cutting® franchises since 2002. We have never offered franchises in any other line of business and have no other business activities.
The initial cost including the franchise fee (“Franchise Fee”) is $195,000. You must pay a nonrefundable $5,000 of the Franchise Fee as a deposit before you schedule a demonstration week with us in your prospective area. You must pay the remaining $190,000 balance upon signing the Franchise Agreement and before receiving training. The Franchise Fee must be paid in cash or cashier's check.
We do not offer direct or indirect financing and do not assist in providing financing for you. We do not guarantee your note, lease or financial obligations you may incur in setting up or operating your franchise
The FTC Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owed 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.