The process for subscribing for shares in FranShares’ offerings is managed by FINRA regulated brokers, Templum Markets and DriveWealth LLC. As part of their Know Your Customer and Anti-Money Laundering checks they are required to collect personal information, including your social security number.
Returns of investments in FranShares offerings will generally require investors to pay capital gains taxes on shares sold for a profit. Dividends (distributions) will be treated as either ordinary or qualified dividends depending on your holding period and specific tax situation.
Please email any questions to info@franshares.com and we will be happy to help.
(1) Portfolio IRR projections are calculated using all cash flows, including the initial investment of $25,000,000 of offering proceeds, annual earnings before interest, depreciation and amortization (“EBITDA”), less estimated corporate taxes, and the sale of the entire portfolio at the end of the fifth year at 5x EBITDA.
(2) Cash Yield projections are calculated as the arithmetic mean (average) of five years of annual cash flows (including EBITDA, less estimated corporate taxes) divided by the initial investment of $25,000,000 of offering proceeds.
(3) Equity IRR projections are calculated using the initial investment of $25,000,000 of offering proceeds and the sale of the entire portfolio at the end of the fifth year at 5x EBITDA.