What is the duration of Cordova's franchising history?
Cordova Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a Nebraska limited liability company established on February 6, 2025. Our principal business address is 6767 Maple Street, Omaha, Nebraska 68104. We conduct business under our corporate name, Cordova Franchising, LLC and Cordova. Our business is operating Cordova franchise system and granting franchises to third parties like you to develop and operate a Franchised Business. We began offering franchises as of May 30, 2025. 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 21 — FINANCIAL STATEMENTS (FDD page 44)
What This Means (2025 FDD)
According to Cordova's 2025 Franchise Disclosure Document, Cordova Franchising, LLC was established on February 6, 2025, as a Nebraska limited liability company. The company began offering franchises as of May 30, 2025. This indicates that Cordova is a relatively new franchise system.
For a prospective franchisee, this means that Cordova has a very limited track record as a franchisor. While the affiliate, Cordova Enterprises, Inc., has been operating a similar business since 2011, the franchising entity itself is new.
This lack of franchising history could present both opportunities and risks. On one hand, franchisees might have the chance to shape the development of the franchise system. On the other hand, there is less data available to assess the long-term viability and success of the franchise model. A prospective franchisee should conduct thorough due diligence, carefully evaluate the risks and potential rewards, and seek professional advice before investing in a Cordova franchise.