Besides Bumble Roofing, which other franchise mentioned was formed in 2023?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
The accompanying consolidated financial statements include the accounts of OLB Holdco and its wholly-owned subsidiaries listed below:
- Archadeck Franchisor, LLC ("Archadeck")
- OLB Supply Chain, LLC ("OLB Supply")
- Conserva Irrigation Franchisor, LLC ("Conserva")
- Outdoor Lighting Perspectives Franchisor, LLC ("OLP")
- Superior Fence and Rail Franchisor, LLC ("SFR") Formed on December 15, 2021 (Note 7).
- Superior Fence and Rail of North Florida, LLC ("SFR-NOFL") Acquired on December 15, 2021 (Note 7).
- Koala Insulation, LLC ("Koala") Acquired on April 13, 2023 (Note 7).
- Wallaby Windows Franchisor, LLC ("Wallaby") Formed on April 13, 2023 (Note 7).
- Wallaby Windows of Melbourne, LLC ("Wallaby-Melbourne") Acquired on April 13, 2023 (Note 7).
- Bumble Roofing Franchisor, LLC ("Bumble") Formed on May 1, 2023 (Note 7).
- Bumble Roofing of LA, LLC Acquired on May 1, 2023 (Note 7).
- Canopy Franchise Corporation ("Canopy") Acquired 60% on June 13, 2023 (Note 7).
- JJB Franchisor, LLC ("JJB") Formed to acquire Junk, Junk, Baby! Franchising, LLC and Junk, Junk Baby! IP, LLC on August 31, 2023. This entity was discontinued in 2024 (Note 7).
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Bumble Roofing Franchisor, LLC ("Bumble") was formed on May 1, 2023. The document also states that Wallaby Windows Franchisor, LLC ("Wallaby") was formed on April 13, 2023, and JJB Franchisor, LLC ("JJB") was formed on August 31, 2023. Therefore, besides Bumble Roofing, Wallaby Windows and JJB Franchisor were also formed in 2023.
This information is relevant for prospective franchisees as it provides insight into the establishment dates of the various franchise systems under OLB Holdco. Knowing when a franchise was formed can help assess its maturity and track record. Newer franchises, while potentially offering more growth opportunities, may also carry higher risks due to a shorter operational history.
It's important to note that while JJB Franchisor, LLC was formed in 2023, the FDD states that this entity was discontinued in 2024. This indicates that the franchise concept was not successful and was terminated within a year of its formation. This highlights the risks associated with investing in newer or unproven franchise systems.
Prospective franchisees should further investigate the reasons behind the discontinuation of JJB Franchisor, LLC and carefully evaluate the performance and stability of Wallaby Windows and Bumble Roofing before making any investment decisions. Understanding the history and performance of these franchises is crucial for assessing the potential risks and rewards of investing in these opportunities.