Who is the parent company of Benjamin Franklin Plumbing?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
Authority Brands Inc. and Subsidiaries ("the Company" or "Authority Brands") is the parent company of a number of franchisors and related businesses operating in the United States and internationally. The Company is wholly owned by Villa Aggregator LP (the "Partnership") through Villa TopCo Inc.
AB Assetco wholly owns the following Special Purpose Entity ("SPE") entities:
- x Benjamin Franklin Franchising SPE LLC ("Benjamin Franklin Franchisor")
Source: Item 22 — CONTRACTS (FDD pages 87–88)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Authority Brands Inc. is the parent company of Benjamin Franklin Plumbing. Authority Brands operates as the parent to several franchisors and related businesses both in the United States and internationally. The company is wholly owned by Villa Aggregator LP through Villa TopCo Inc.
Authority Brands utilizes a structure involving Special Purpose Entities (SPEs). AB Assetco LLC, a wholly-owned subsidiary of Authority Brands, directly owns Benjamin Franklin Franchising SPE LLC, which is the specific entity that franchises Benjamin Franklin Plumbing. This SPE structure is common in franchising to isolate liabilities and manage different brands under a larger corporate umbrella.
For a prospective Benjamin Franklin Plumbing franchisee, this corporate structure means that while they contract directly with Benjamin Franklin Franchising SPE LLC for their franchise agreement, the overall financial health and strategic direction of the franchise are influenced by Authority Brands Inc. Understanding this structure can be important for assessing the long-term stability and resources available to the Benjamin Franklin Plumbing franchise system.