We are a Georgia corporation incorporated on May 20, 1994. We maintain our principal place of business at 2110 Blair Boulevard, Nashville, TN 37212. We do business under our corporate name and under the 'Showhomes' service mark and trade name and the other marks identified in Item 13 (the 'Marks'). Our agents for service of process are listed in Exhibit E.
Our parent, Showhomes Holding, Inc. ('SHI') acquired us in December 2011 from Showhomes Management, LLC ('Showhomes Management'). Showhomes Management continues to own the Marks and licenses us the right to use them and to sublicense them to our franchisees (see Item 13). SHI and Showhomes Management share our principal business address.
We offer qualified applicants franchises for Showhomes Businesses which provide services for residential real estate properties ('Properties'). The Showhomes Business specializes in helping accelerate the sale of vacant Properties by delivering residential decoration, staging, redesign, cosmetic home updating-remodeling, furnishing and other products and services ('Staging Services') and recruiting and placing Home Managers ('Home Managers') who maintain, furnish, and live in the Properties ('Home Management Services'). The Showhomes Business also provides services to owners of occupied Properties for home redesign, cosmetic home updating-remodeling, and makeover and interior updating services for vacant and occupied homes (the 'Redesign and Updating Services'). The Staging Services, Home Management Services and Redesign and Updating Services are referred to collectively as 'Services.'
You must pay us an Initial Franchise Fee of $39,900 when you sign the Franchise Agreement. Each additional territory is $34,900 per Territory. In certain situations, we may grant a franchise for an area larger or smaller than our standard Territory (as de
If you ask us, we will consider financing a portion of your Initial Franchise Fee. We will base our decision on your demonstrated need for financial assistance, our evaluation of your ability to pay the financing obligations, our availability of funds, and other factors that we deem pertinent.
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 Franchise 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.