Besides Green Sky Southwest, Inc., are any other suppliers owned by officers of Buildingstars?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
Except for Green Sky Southwest, Inc., a supplier that is owned by an officer of ours, none of the other suppliers are owned by any of our officers. We and our Affiliates may derive revenue from your purchases or lease and we and they reserve the right to do so in the future. Except as provided above, we and our Affiliates are not suppliers of other products or services. We or our Affiliates may decide to become a supplier of other goods, products and services in the future. If so, we or our Affiliates would expect to derive income and profit from such sales.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 18–19)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, Green Sky Southwest, Inc. is identified as a supplier owned by an officer of Buildingstars. Specifically, Christopher J. Blase holds the position of President, Chief Executive Officer, and Secretary for Green Sky Southwest, Inc. The FDD clarifies that, apart from Green Sky Southwest, Inc., none of the other suppliers are owned by any of Buildingstars' officers.
This information is relevant to prospective Buildingstars franchisees because it sheds light on potential conflicts of interest. While franchisees are not obligated to purchase from Green Sky Southwest, Inc., it is an approved supplier. The FDD states that approximately 60% of initial franchise purchases and 5% of ongoing operational purchases will be from approved sources. During the fiscal year 2024, Green Sky Southwest, Inc. generated gross revenues of $328,844.42 from sales to Buildingstars franchisees.
It's important for franchisees to understand that Buildingstars and its affiliates may derive revenue from franchisee purchases or leases, and they reserve the right to do so in the future. While the FDD states that currently, only Green Sky Southwest, Inc. is owned by an officer, Buildingstars retains the option to have its affiliates become suppliers of other goods, products, and services in the future, from which they would expect to derive income and profit. Franchisees should monitor any changes to approved suppliers and assess whether these arrangements offer competitive pricing and terms.
Prospective franchisees should consider the implications of purchasing from a supplier with ties to Buildingstars's leadership. While such arrangements are not uncommon in franchising, franchisees should evaluate the pricing, quality, and service provided by Green Sky Southwest, Inc. compared to other available suppliers to ensure they are receiving fair value. It would be prudent to discuss these relationships with existing franchisees during the due diligence process to gain further insights.