When was Alloy Personal Training, LLC formed?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
Alloy Personal Training, LLC (the "Company") was formed on May 16, 2019, as a Georgia limited liability company, to sell franchises pursuant to a non-exclusive license agreement dated August 1, 2019, between the Company and Alloy Personal Training Solutions, LLC (the "Licensor"), an entity related to the Company by common ownership and control. Pursuant to the Company's standard franchise agreement, franchisees will operate a business which offers customers personal training in a group setting delivered by certified instructors under the name "Alloy Personal Training." Customers are provided with individualized training programs that are conducted in small groups.
The Company is a limited liability company, and therefore, the member is not liable for the debts, obligations or other liabilities of the Company, whether arising in contract, tort or otherwise, unless the member has signed a specific guarantee.
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, Alloy Personal Training, LLC was formed on May 16, 2019, as a Georgia limited liability company. The company was established to sell franchises through a non-exclusive license agreement with Alloy Personal Training Solutions, LLC, which is an entity related to Alloy Personal Training, LLC through common ownership and control. This license agreement was dated August 1, 2019.
Under the standard franchise agreement, Alloy franchisees operate a business providing personal training in a group setting, delivered by certified instructors, under the Alloy Personal Training name. Customers receive individualized training programs conducted in small groups.
As a limited liability company, Alloy's member is generally not liable for the company's debts, obligations, or other liabilities, unless the member has signed a specific guarantee. This structure provides a layer of personal protection for the member from business liabilities, which is a common practice in franchising to separate the franchisee's personal assets from the business's financial obligations.