Who is the Bor Restoration affiliate, and what is its role?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
Our Affiliate is BOR IP, LLC (BOR IP Affiliate), a Colorado limited liability company that was formed on September 19, 2021. Its address is the same as ours. It recently applied to the United States Patent and Trademark Office (USPTO) for the word mark "Best Option Restoration." (Item 13). It has agreed to license the same to us so we may sublicense it to you. BOR IP has never offered franchises in this or any other line of business.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 8–9)
What This Means (2024 FDD)
According to Bor Restoration's 2024 Franchise Disclosure Document, its affiliate is BOR IP, LLC, a Colorado limited liability company formed on September 19, 2021. BOR IP, LLC shares the same address as Bor Restoration. BOR IP, LLC recently applied to the United States Patent and Trademark Office (USPTO) for the word mark "Best Option Restoration." Bor Restoration states in the FDD that BOR IP, LLC has agreed to license the trademark to Bor Restoration so that Bor Restoration may sublicense it to its franchisees. BOR IP, LLC has never offered franchises in any line of business.
In simpler terms, BOR IP, LLC exists to manage and protect the "Best Option Restoration" trademark. By licensing the trademark to Bor Restoration, they ensure that franchisees can legally use the brand name and associated logos in their businesses. This arrangement is common in franchising, where a separate entity handles intellectual property to shield the franchisor from potential liabilities related to trademark disputes.
Prospective Bor Restoration franchisees should understand that their right to use the "Best Option Restoration" trademark is dependent on the agreement between Bor Restoration and BOR IP, LLC. While the FDD indicates that BOR IP, LLC will license the trademark to Bor Restoration, it's prudent for potential franchisees to inquire about the terms and duration of this agreement to ensure the continued use of the trademark throughout their franchise term.