What is the state of formation for 360 Painting, LLC?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS FRANCHISE AGREEMENT (the "Agreement") is made and entered into as of the date set forth on Exhibit C-1 attached hereto (the "Effective Date") (Exhibit C-1 and all other exhibits hereto are incorporated herein by this reference) by and between 360 Painting, LLC, a limited liability company organized under the laws of Delaware with its principal place of business at the address set forth on Exhibit C-1 hereto ("Franchisor"), and the person or entity identified on Exhibit C-1 as the franchisee ("Franchisee").
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, 360 Painting, LLC is a limited liability company organized under the laws of Delaware. This information is relevant to prospective franchisees as it establishes the legal structure and jurisdiction under which 360 Painting operates.
The franchise agreement specifies that if a franchisee operates as a corporation, limited liability company, partnership, or other entity, they cannot use the "360 Painting" name in their legal name without prior written consent from 360 Painting. Furthermore, if local laws require filing an affidavit for doing business under an assumed name, the franchisee must indicate that the filing is made as a franchisee of "360 Painting, LLC, a Delaware limited liability company with its principal office address in Charlottesville, Virginia," and provide a copy of the filing to 360 Painting.
Premium Service Brands, LLC, also a Delaware limited liability corporation, acts as the guarantor for 360 Painting, LLC, ensuring the performance of 360 Painting's obligations under its franchise registration in states where the franchise is registered and under its Franchise Agreement. This guarantee remains in effect until all obligations are satisfied or the liability of 360 Painting to its franchisees has been completely discharged.