factual

Since when has Baya Bowls LLC, the first Baya Bar affiliate, been operating a Baya Bar business?

Baya_Bar Franchise · 2024 FDD

Answer from 2024 FDD Document

Our first affiliate is Baya Bowls LLC, a New York limited liability company, formed on September 22, 2016, and headquartered at 9417 3rd Avenue, Brooklyn, New York, 11209. Our first affiliate owns and operates one business of the type being franchised which has been in operation since December 2016 and is located at its headquarters in Bay Ridge, Brooklyn. In November 2019, Baya Bar Systems LLC sold their location to a franchisee. Our first 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, Baya Bowls LLC, the first affiliate of Baya Bar, has been operating a Baya Bar business since December 2016. Baya Bowls LLC was formed on September 22, 2016, and is headquartered in Brooklyn, New York.

This information is relevant for prospective franchisees as it provides insight into the operational history and experience of Baya Bar's affiliates. The fact that an affiliate has been operating a Baya Bar business for a period of time suggests that the business model has been tested and refined in a real-world setting.

However, the FDD also notes that in November 2019, Baya Bar Systems LLC sold their location to a franchisee. This could indicate a shift in strategy or a preference for franchising over direct operation. It's also important to note that Baya Bowls LLC is not an approved supplier for franchisees, meaning franchisees will need to source products and services from other approved vendors.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.