factual

What is the legal structure of 360 Painting, LLC?

360_Painting Franchise · 2025 FDD

Answer from 2025 FDD Document

360 Painting, LLC is a limited liability company formed in the State of Delaware on April 1, 2013. Our principal place of business is 126 Garrett Street, Suite J, Charlottesville, VA 22902. We do business only under our corporate name and the name "360 PAINTING."

Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)

What This Means (2025 FDD)

According to the 2025 Franchise Disclosure Document, 360 Painting, LLC is structured as a limited liability company (LLC). It was formed in the State of Delaware on April 1, 2013, and its principal place of business is located in Charlottesville, VA. This information is crucial for prospective franchisees as it clarifies the legal entity they are entering into an agreement with. Understanding the franchisor's legal structure can provide insights into its stability and potential liabilities.

As an LLC, 360 Painting, LLC, benefits from pass-through taxation and offers its owners limited liability, meaning their personal assets are typically protected from business debts and lawsuits. This structure is common among franchisors as it balances operational flexibility with legal protection. The FDD also specifies that 360 Painting, LLC does business under its corporate name and the name "360 PAINTING."

Furthermore, the FDD indicates that 360 Painting, LLC is 100% owned by PSB Group, LLC, which in turn is 99.9% owned by Premium Service Brands, LLC (PSB). PSB's parent company is AE Capital, LLC. All these entities are also Delaware-based. While these parent companies do not directly offer franchises or provide services to franchisees, the training program and marketing/technology services are provided by PSB personnel leased to 360 Painting, LLC. This layered ownership structure is relevant for franchisees to understand the broader organizational context of 360 Painting and the resources available to it through its parent companies.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.