FranNet FDD Summary
Type of Business
We grant franchises for the operation of FranNet Business. FranNet Businesses offer specialized franchise consulting services to franchisors, potential franchisors, licensors and other business opportunity companies in connection with the sale (or re-sale) of their franchises, licenses and business opportunities.
FranNet, LLC. is a limited liability company formed under New Jersey law in October, 2006. Our principal business address is 10302 Brookridge Village, Suite 200, Louisville, Kentucky 40291. We do business under the name “FranNet”. Our business is limited to offering the franchises that are described in this Disclosure Document. We do not offer franchises or engage in any other line of business, nor have we done so prior to the date of this Disclosure Document. We began franchising in January, 2010. Our predecessor, FranNet Franchising, LLC began franchising in December 2006.
The total investment necessary to begin operation of a FranNet Business ranges from $39,140.00 to $71,390.00. This includes between $15,000.00 and $35,000.00 that must be paid to the franchisor or its affiliate prior to opening for business.