Does Chocolate Fish Coffee have any parent entities?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
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.
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, Chocolate Fish Franchising, LLC does not have any parent entities. The document specifies that "we", "us," or "our" refers to Chocolate Fish Franchising, LLC, clarifying the entity offering the franchise opportunity. This means that Chocolate Fish Franchising, LLC is the primary entity responsible for the franchise system, and there is no parent company overseeing its operations.
This information is crucial for prospective franchisees as it clarifies the legal and financial structure of the franchise system. Without a parent entity, Chocolate Fish Franchising, LLC is directly accountable for its actions and obligations related to the franchise agreement. This can provide a sense of security and directness in the relationship between the franchisee and the franchisor.
While Chocolate Fish Coffee does not have a parent entity, it does have an affiliate, NZUS, Corp. This affiliate owns and operates three company-owned Chocolate Fish Coffee locations. Although the affiliate doesn't offer franchises, it is involved in the operation of the Chocolate Fish Coffee business model. This distinction is important because the affiliate's performance and practices could indirectly impact the brand's reputation and the franchise system.