When was the Aplus franchise formed?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
We were formed on December 18, 2015. Our principal business address is 8111 Westchester Drive, Suite 600, Dallas, Texas 75225. We do business under our corporate name. Our agents for service of process are listed in Exhibit E to this disclosure document.
We have been offering APLUS franchises since May 1993. We or our affiliates have operated a similar business as the one being offered to you in this disclosure document for over 29 years.
We engage in two lines of APLUS convenient store business: (1) we franchise the right to operate a business as a part of the APLUS franchise system which consists of full-line retail grocery convenience stores, with or without gasoline facilities, that offer fast foods, prepackaged foods, beverages, sundries, and other convenience store goods, and (2) the offering of an area representative franchise through which the area representative is authorized to solicit, screen, and evaluate prospective APLUS franchisees, and provide support and other services to specific APLUS stores located in the area representative's territory ("Area Representative Program"). The Area Representative Program is offered under a separate disclosure document. If you choose to be an area representative, and if you meet our criteria of an area representative, you will receive a separate franchise disclosure document and sign a separate area representative agreement. This disclosure document contains information for your operation of APLUS convenience store only.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 10–13)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the franchise was formed on December 18, 2015. The FDD specifies that "we," "our," and/or "us" refers to Sunoco Retail LLC, a Pennsylvania limited liability company, which is the franchisor of the Aplus business. The principal business address for Aplus is 8111 Westchester Drive, Suite 600, Dallas, Texas 75225.
It is important to note that while the Aplus franchise was formed in 2015, Aplus has been offering franchises since May 1993. This means that while the legal entity may be relatively new, the franchise system itself has a longer operating history. The document also mentions that Aplus or its affiliates have operated a similar business for over 29 years, indicating substantial experience in the convenience store sector.
Prospective franchisees should be aware that Sunoco Retail LLC engages in two lines of Aplus convenience store business: franchising full-line retail grocery convenience stores (with or without gasoline facilities) and offering an area representative franchise. The area representative program has its own separate disclosure document and agreement. This FDD specifically contains information for operating an Aplus convenience store only.