When did The C12 Group sell C12 Atlanta, LLC to a third party?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company acquired 100% of C12 Atlanta LLC in March 2017. C12 Atlanta was a franchisee of the Company prior to the acquisition and operated as a wholly owned subsidiary. Effective January 31, 2023, C12 Atlanta, LLC was sold to a third party.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 C12 Group Franchise Disclosure Document, C12 Group sold C12 Atlanta, LLC to a third party on January 31, 2023. Prior to the sale, C12 Atlanta, LLC was a wholly-owned subsidiary of C12 Group, after C12 Group acquired 100% of it in March 2017.
This information is relevant to potential franchisees as it provides insight into C12 Group's business activities, including acquisitions and divestitures. Understanding these transactions can help a prospective franchisee assess the stability and strategic direction of C12 Group.
The sale of C12 Atlanta, LLC could indicate a strategic shift within C12 Group, possibly focusing on core franchising operations rather than direct ownership of local entities. A potential franchisee might want to inquire about the reasons behind this sale and whether C12 Group anticipates similar transactions in the future. This information can help in evaluating the long-term prospects and potential risks associated with investing in a C12 Group franchise.