What is the purpose of FS PEP Holdco, LLC's establishment in relation to 1 800 Packouts?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
FS PEP Holdco, LLC is a holding company established for the purpose of acquiring and operating home services related franchisor companies. Through its franchisor entities located throughout the United States, the Company seeks to establish profitable and sustainable franchise systems that provide franchise partners the tools to profitably operate and own a successful home service business.
The consolidated financial statements are presented in conformity with accounting principles generally accepted in the United States of America (US GAAP) and include the accounts of FS PEP Holdco, LLC and its wholly owned subsidiaries: Five Star Connect, Inc.; Gotcha Covered Franchising, LLC; Ringside Development Company; Bio-One IP Group, LLC; Ringside Group, LLC; Mosquito Shield Franchise, LLC; 1-800-Packounts Holdco, LLC; CMY Holdco, LLC; Five Star Bath, Inc; Five Star Franchising, LLC; and its wholly owned subsidiary Five Star Bath, LLC.
FS PEP Holdco, LLC was formed on April 9, 2021, (date of inception) and during 2021 began acquiring operating companies. The consolidated financial statements reflect the operations of FS PEP Holdco, LLC and all of its subsidiaries (collectively the Company). All intercompany balances and transactions have been eliminated in consolidation.
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to the 2025 FDD, FS PEP Holdco, LLC is a holding company that was established to acquire and operate home services-related franchisor companies. 1 800 Packouts is one of the franchisor entities that FS PEP Holdco, LLC owns and operates. Through its franchisor entities, FS PEP Holdco, LLC aims to create profitable and sustainable franchise systems. These systems are designed to provide franchise partners with the necessary resources to successfully operate and own a home service business. FS PEP Holdco, LLC was formed on April 9, 2021, and began acquiring operating companies that same year.
FS PEP Holdco, LLC's consolidated financial statements include the accounts of the holding company and its wholly-owned subsidiaries. These subsidiaries include Five Star Connect, Inc.; Gotcha Covered Franchising, LLC; Ringside Development Company; Bio-One IP Group, LLC; Ringside Group, LLC; Mosquito Shield Franchise, LLC; 1-800-Packounts Holdco, LLC; CMY Holdco, LLC; Five Star Bath, Inc; Five Star Franchising, LLC; and its wholly owned subsidiary Five Star Bath, LLC. All intercompany balances and transactions are eliminated during consolidation for accounting purposes.
For a prospective 1 800 Packouts franchisee, this means that the franchise is part of a larger network of home service companies under the FS PEP Holdco, LLC umbrella. This structure may provide certain benefits, such as access to shared resources, expertise, and potentially more robust support systems. However, it also means that decisions affecting the 1 800 Packouts franchise could be influenced by the overall strategy and financial performance of FS PEP Holdco, LLC and its other subsidiaries. Therefore, understanding the broader organizational structure is crucial for assessing the stability and long-term prospects of the 1 800 Packouts franchise.