Does Casiola Franchise LLC have a parent company?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
We are a Florida limited liability company established on January 6, 2023. Our principal business address is 6751 Forum Dr, Ste 230, Orlando, Florida 32821. We conduct business under our corporate name, Casiola Franchise LLC and Casiola. Our business is operating the Casiola franchise system and granting franchises to third parties like you to develop and operate a Franchised Business. We began offering franchises as of the Issuance Date of this Disclosure Document. Other than as discussed above, we are not in any other business, we have not conducted business in any other line of business, we do not conduct or operate a Franchised Business of the type to be operated by a franchisee, and we have not offered or sold franchises in any other line of business. We do not have any predecessors and we do not have any parent company. Our registered agents for service of process are disclosed in Exhibit B of this Disclosure Document.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, Casiola Franchise LLC does not have a parent company. The FDD specifies that Casiola Franchise LLC was established on January 6, 2023, and began offering franchises as of the issuance date of the document. The company operates the Casiola franchise system, granting franchises to third parties.
While Casiola Franchise LLC does not have a parent company, it does have several affiliates. These include Casiola Worldwide LLC, which owns Casiola's intellectual property; Casiola Payments LLC, which provides payment processing services to franchisees; Casiola (Orlando) LLC; and Casiola Miami LLC. These affiliates operate businesses similar to the franchised business.
Prospective franchisees should understand the distinction between a parent company and an affiliate. A parent company typically has controlling ownership of the franchise, whereas affiliates are related but independently operated entities. In Casiola's case, these affiliates provide essential services and support the franchise system, but do not serve as a parent organization.