As of December 31, 2024, how many Purvelo franchisees were operating in the U.S., as an affiliate of 360 Painting?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
Although not associated with our parents PSB Group, PSB or AE Capital, another affiliate through common control with our Chief Executive Officer is Purvelo Franchising, LLC ("Purvelo"), which is the franchisor of boutique spin fitness studio businesses that operate under the name "Purvelo". Purvelo's principal place of business at 126 Garrett St., Suite J, Charlottesville, VA 22902. Purvelo has been offering franchises since September 2022 and does not offer franchises in any other line of business or engage in any other line of business, and but it does own or operate 1 company-affiliated operating studio. As of December 31, 2024, there was 1 Purvelo franchisee in the U.S. operating 2 studios along with 1 company-affiliated operating studio.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, Purvelo Franchising, LLC is an affiliate of 360 Painting. As of December 31, 2024, there was 1 Purvelo franchisee operating 2 studios in the U.S., along with 1 company-affiliated operating studio.
Purvelo is described as a franchisor of boutique spin fitness studio businesses operating under the name "Purvelo". It began offering franchises in September 2022. The principal place of business for Purvelo is located at 126 Garrett St., Suite J, Charlottesville, VA 22902.
It is important to note that Purvelo does not offer franchises in any other line of business and does not engage in any other line of business.