What does the term 'Affiliate' mean in the Aplus Franchise Agreement?

According to Aplus's 2024 Franchise Disclosure Document, an 'Affiliate' refers to any business entity that either controls, is controlled by, or is under common control with Aplus. The FDD specifically mentions Sunoco LLC, a Delaware limited liability company, as an example of an affiliate.

This definition is important for prospective franchisees because it clarifies the scope of Aplus's corporate relationships. It indicates that Aplus may have related companies that could influence or be involved in various aspects of the franchise operation. For example, Sunoco LLC, being an affiliate, might be involved in supplying fuel or other products to Aplus franchises.

Understanding the definition of 'Affiliate' helps franchisees recognize potential business relationships and understand the broader corporate structure within which their Aplus franchise operates. This knowledge can be crucial for assessing potential conflicts of interest, understanding supply chain dynamics, and evaluating the overall stability and support system of the Aplus franchise.