Does Chocolate Fish Coffee have any predecessors?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
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.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–8)
What This Means (2024 FDD)
According to the 2024 Chocolate Fish Coffee Franchise Disclosure Document, Chocolate Fish Franchising, LLC does not have any predecessors. The document specifies that "we", "us," or "our" refers to Chocolate Fish Franchising, LLC. The company was formed on October 27, 2023, as a Wyoming Limited Liability Company.
While Chocolate Fish Coffee Roasters itself has no predecessors, the FDD mentions an affiliate company, NZUS, Corp, which was incorporated on July 16, 2007. Chocolate Fish Franchising, LLC purchased NZUS, Corp and its operating businesses on July 27, 2023. NZUS, Corp owns and operates three company-owned Chocolate Fish Coffee locations. These locations opened in 2020, 2018, and 2014, respectively.
Prospective franchisees should understand that while Chocolate Fish Coffee is a relatively new franchising entity, it is built upon an existing business model with established company-owned locations. This could provide some assurance regarding the viability of the business model. However, franchisees should still conduct thorough due diligence to assess the risks and opportunities associated with investing in a new franchise system.