What is the name of the third Baya Bar affiliate?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
Our third affiliate is Baya Bar III LLC, a New York limited liability company, formed on August 28, 2017, and located in New Dorp on Staten Island. Our third affiliate owns and operates one business of the type being franchised which has been in operation since August 2017 and is located at its headquarters. This affiliate has never offered franchises in this or any other line of business and is not an approved supplier of any product or service that you must purchase or lease.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 6–9)
What This Means (2024 FDD)
According to Baya Bar's 2024 Franchise Disclosure Document, the third affiliate is named Baya Bar III LLC. It is a New York limited liability company that was formed on August 28, 2017, and is located in New Dorp on Staten Island. The affiliate owns and operates one Baya Bar business, which has been in operation since August 2017 and is located at its headquarters.
This information is important for prospective franchisees as it provides insight into the structure and related entities within the Baya Bar franchise system. Understanding the affiliates can help franchisees assess the overall stability and experience within the organization. It is fairly common for franchisors to have affiliated companies that operate company-owned locations.
It's also noted that this affiliate has never offered franchises in any line of business and is not an approved supplier of any product or service that franchisees must purchase or lease. This clarifies that the affiliate's role is primarily operational rather than involving franchising or supply chain management.