What is the name of the franchisor for Chocolate Fish Coffee?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
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In this disclosure document, "we", "us," or "our" refers to Chocolate Fish Franchising, LLC. "You" means the person to whom we grant a franchise. If you are a corporation, limited liability company, or other entity, each owner of the franchise entity must sign our Guaranty and Non-Compete Agreement, which means that all of the franchise agreement's provisions also will apply to your owners.
Us, Any Parents, and Certain Affiliates
Our name is Chocolate Fish Franchising, LLC. Our principal business address is 4749 Folsom Blvd., Sacramento, CA 95819. We do not have any parent entities. We do not have any affiliates that offer franchises in any line of business. We do sell coffee products, branded merchandise and supplies directly to franchise and company owned locations.
Our Predecessors
We do not have any predecessors.
Our Business Name
We use the name "Chocolate Fish Coffee Roasters" and we do not intend to use any other names to conduct business.
Agent for Service of Process
Our agent for service of process in Wyoming is Registered Agents Inc, and the agent's principal business address is 9581930 N. Gould St., Ste R, Sheridan, WY 82801. Our agents for service of process in other states are disclosed in Exhibit A.
Business Organization
We are a Wyoming Limited Liability Company. We were formed on 10/27/2023.
Information About Our Business and the Franchises Offered
We do not operate businesses of the type being franchised, but our Affiliate company does.
We do not have any other business activities. We have not offered franchises in other lines of business.
If you sign a franchise agreement with us, you will develop and operate a specialty coffee shop featuring a hybrid business model which continues the imaginative and inventive business practices of our brand offering caffeinated beverages, combining the highest quality drinks with a simple food menu and unrivaled customer service, under the trade name Chocolate Fish Coffee.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–8)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, the franchisor is Chocolate Fish Franchising, LLC. The document clarifies that when it uses terms like "we," "us," or "our," it is referring specifically to Chocolate Fish Franchising, LLC. The principal business address for Chocolate Fish Franchising, LLC is 4749 Folsom Blvd., Sacramento, CA 95819. The document also states that Chocolate Fish Franchising, LLC does not have any parent entities or affiliates that offer franchises in any other line of business. However, an affiliate company does operate businesses of the type being franchised. Chocolate Fish Franchising, LLC was formed on October 27, 2023, as a Wyoming Limited Liability Company and has been offering franchises since December 2023.
For a prospective franchisee, this information is crucial for understanding the legal entity they will be contracting with. Knowing that Chocolate Fish Franchising, LLC is a relatively new entity (formed in October 2023) may prompt further due diligence into its financial stability and experience as a franchisor. The absence of parent entities could mean that Chocolate Fish Franchising, LLC is solely responsible for its obligations, without the backing of a larger corporation.
The FDD also mentions that franchisees are required to purchase coffee products, branded merchandise, and supplies directly from Chocolate Fish Franchising, LLC. This is a common practice in franchising, allowing the franchisor to maintain quality control and brand consistency. However, it also means that franchisees are limited in their sourcing options and must adhere to the franchisor's pricing and supply terms. The franchisee should carefully evaluate these terms to ensure they are competitive and reasonable. The franchisee should also be aware of federal, state, and local regulations that are common to all businesses and those laws specifically applicable to the restaurant business, including laws pertaining to food handling and safety, liquor, food labeling, sanitation, and weights and measurements, if applicable.