When was Better Blend Franchising, LLC formed?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
We are an Ohio limited liability company. We were formed on June 18, 2022.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–9)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, Better Blend Franchising, LLC was formed on June 18, 2022. The company is an Ohio limited liability company. This information is crucial for prospective franchisees as it establishes the legal standing and history of the company they are considering partnering with.
Knowing the formation date allows potential franchisees to assess the company's track record and stability. While Better Blend Franchising, LLC was formed in 2022, the FDD also states that Better Blend Nutrition LLC opened the first Better Blend location in 2018. This distinction is important because it clarifies that while the franchising entity is relatively new, the brand itself has been in operation for a longer period.
Understanding the relationship between Better Blend Franchising, LLC and Better Blend Nutrition LLC is essential for franchisees to fully grasp the operational structure. The FDD specifies that Better Blend Nutrition LLC, an affiliate, will supply mixes, cups, bowls, and other inventory to franchisees. This vertical integration could impact supply chain dynamics and potentially offer some efficiencies, but it also means franchisees are reliant on this specific supplier.