What is the relationship between Benjamin Franklin Plumbing and BuyMax SPE LLC?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
AB Assetco wholly owns the following Special Purpose Entities ("SPE"):
- x The Cleaning Authority Franchising SPE LLC ("The Cleaning Authority Franchisor")
- x Homewatch CareGivers Franchising SPE LLC ("Homewatch Franchisor")
- x Mosquito Squad Franchising SPE LLC ("Mosquito Squad Franchisor")
- x ASP Franchising SPE LLC ("ASP Franchisor")
- x Benjamin Franklin Franchising SPE LLC ("Benjamin Franklin Franchisor")
- x Mister Sparky Franchising SPE LLC ("Mister Sparky Franchisor")
- x One Hour Air Conditioning Franchising SPE LLC ("One Hour Air Conditioning Franchisor")
- x Monster Franchising SPE LLC ("Monster Franchisor")
- x STOP Franchising SPE LLC ("STOP Franchisor")
- x DoodyCalls Franchising SPE LLC ("DoodyCalls Franchisor")
- x BuyMax SPE LLC ("BuyMax SPE")
- x Successware SPE LLC ("SuccessWare SPE")
- x Junkluggers Franchising SPE LLC ("Junkluggers Franchising SPE") formed in 2022
- x Screenmobile Franchising SPE LLC ("Screenmobile Franchisor") formed in 2023
- x Authority Brands Payments SPE LLC ("AB Payments") formed in 2023
Source: Item 22 — CONTRACTS (FDD pages 87–88)
What This Means (2025 FDD)
According to the 2025 FDD, Benjamin Franklin Plumbing is under the umbrella of Authority Brands Inc. BuyMax SPE LLC is a Special Purpose Entity (SPE) wholly owned by AB Assetco. Benjamin Franklin Franchising SPE LLC, which franchises Benjamin Franklin Plumbing, is also a wholly owned SPE of AB Assetco. This means that both Benjamin Franklin Plumbing and BuyMax SPE LLC are sister companies under the same parent organization.
This corporate structure indicates that BuyMax SPE LLC may provide services or resources to Benjamin Franklin Plumbing franchisees, or otherwise be involved in the Benjamin Franklin Plumbing business model. It is common for franchise systems to have affiliated companies that handle various aspects of the business, such as supply chain management, marketing, or technology solutions.
Prospective franchisees should investigate the role BuyMax SPE LLC plays within the Benjamin Franklin Plumbing franchise system. Understanding the services or resources provided by BuyMax, and any associated costs, is essential for evaluating the overall value and profitability of a Benjamin Franklin Plumbing franchise. Franchisees should inquire about any required or optional programs involving BuyMax and how these programs benefit their business.