factual

Under which SPE entity does Benjamin Franklin Plumbing Franchising SPE LLC fall?

Benjamin_Franklin_Plumbing Franchise · 2025 FDD

Answer 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 Franchising SPE LLC is wholly owned by AB Assetco LLC. AB Assetco is a Delaware limited liability company. AB Assetco is directly and wholly owned by AB Issuer LLC. AB Issuer LLC is a special purpose Delaware limited liability company which is directly and wholly owned by AB SPE Guarantor LLC. AB SPE Guarantor LLC is a direct, wholly-owned subsidiary of Authority Brands Inc.

Authority Brands Inc. is the parent company of several franchisors and related businesses operating in the United States and internationally. Authority Brands Inc. is wholly owned by Villa Aggregator LP through Villa TopCo Inc.

For a prospective Benjamin Franklin Plumbing franchisee, this organizational structure is important because it clarifies the legal relationships and responsibilities within the Benjamin Franklin Plumbing franchise system. Understanding the parent company and its subsidiaries can provide insight into the overall stability and resources available to the franchise.

Disclaimer: This information is extracted from the 2025 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.
All Benjamin_Franklin_Plumbing 2025 FAQs Ask FDD Ninja