Does Anago have any wholly-owned subsidiaries?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
NOTE A – PRINCIPLES OF CONSOLIDATION, NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES
Principles of Consolidation
The accompanying consolidated financial statements include the accounts of Anago Cleaning Systems, Inc., Anago Franchising, Inc., Anago Direct Marketing, Inc., APLR, Inc., CCTD, Inc. and PBTR, Inc., (the consolidated group referred to as the "Company").
In January 2023 the Company acquired EHLB, Inc. dba Anago of Las Vegas which is included in the consolidated financial statements during the year ended December 31, 2023. In November 2024, the Company sold the territory held by EHLB, Inc. dba Anago of Las Vegas.
The intercompany accounts of the Company have been eliminated.
Nature of Activities
Anago Cleaning Systems, Inc. and Subsidiaries is headquartered in Pompano Beach, Florida.
During the year ended December 31, 2024, 2023, and 2022 the Company held ownership in EHLB, Inc., PBTR, Inc. and CCTD, Inc.
APLR, Inc. has been established to hold certain contracts which are not in a current master territory. This entity operates as a master franchise.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the consolidated financial statements include the accounts of Anago Cleaning Systems, Inc., Anago Franchising, Inc., Anago Direct Marketing, Inc., APLR, Inc., CCTD, Inc. and PBTR, Inc. which are all part of the "Company". In January 2023, Anago acquired EHLB, Inc. dba Anago of Las Vegas, which was included in the consolidated financial statements for the year ended December 31, 2023, but the territory held by EHLB, Inc. was sold in November 2024.
During the years ended December 31, 2024, 2023, and 2022, Anago held ownership in EHLB, Inc., PBTR, Inc. and CCTD, Inc. APLR, Inc. was established to hold certain contracts not in a current master territory and operates as a master franchise. These entities are considered subsidiaries as their accounts are included in the consolidated financial statements of Anago Cleaning Systems, Inc.
For a prospective franchisee, this indicates that Anago operates through a structure that includes multiple subsidiary companies. This structure may have implications for financial reporting, legal responsibilities, and the overall management of the Anago franchise system. Understanding the roles and responsibilities of each subsidiary could be important for franchisees as it may affect their interactions with different parts of the Anago organization.