What is the full legal name of the franchisor for Chocolate Fish Coffee, as stated in the riders?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
ntains our audited opening balance sheet dated December 31st, 2023. Our fiscal year | | | end is December 31. | |
FRANCHISE AGREEMENT
This Agreement is made between Chocolate Fish Franchising, LLC, a Wyoming Limited Liability Company ("Chocolate Fish Franchising"), and Franchisee effective as of the date signed by Chocolate Fish Franchising (the "Effective Date").
Background Statement:
A.
Source: Item 23 — RECEIPTS (FDD pages 41–119)
What This Means (2024 FDD)
According to the 2024 Franchise Disclosure Document, the Franchise Agreement states that the agreement is made between Chocolate Fish Franchising, LLC, a Wyoming Limited Liability Company, and the franchisee. This indicates that the full legal name of the franchisor is Chocolate Fish Franchising, LLC.
This information is crucial for prospective franchisees as it clearly identifies the legal entity they are entering into a franchise agreement with. Knowing the franchisor's legal name and business structure (in this case, a Wyoming Limited Liability Company) is essential for legal and business documentation, understanding liability, and conducting due diligence.
Furthermore, the Rhode Island Rider to the Franchise and Multi-Unit Development Agreement also confirms that the franchisor is Chocolate Fish Franchising, LLC. This reiteration across different sections of the FDD reinforces the franchisor's legal identity and provides additional clarity for franchisees, especially those in Rhode Island.