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When we discovered we were fleeced, and knew that it was too late, I contacted the Washington State Dept. of Financial Institutions, Securities Division. Our case is closed because 123 Fit never got off the ground. They are no longer selling franchises here in the state of Washington.
To those across the country who sincerely do not want other's to be taken, they need to contact their state's financial insitutions, securities division. This is where you can file your complaints. Our system is backwards. Until there is a crime committed there will be nothing done. I do encourage people who experience unethical business practices in franchising to file a complaint if you have experienced misrepresentation and gouging by your franchisor.
If you live in the state of Washington and have experience unethical business practices with a franchisor please contact:
Martin Cordell, Financial Legal Examiner
Washington State Dept. of financial Institutions
Securities Division
P.O Box 9033
Olympia WA. 98507-9033
360-902-8772, fax 360-704-6932
1-877-RING DFI (745-4334)
http://www.dfi.wa.gov/sd/default.htm
If there are many complaints about a franchise, I am sure they will look into this. They have the power to stop rogue franchisor's from hurting people in our state.
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