What does Core Group Restoration Franchising's affiliate own and control?
Core_Group_Restoration_Franchising Franchise · 2025 FDDAnswer from 2025 FDD Document
Our affiliate, CORE Group Restoration, Inc. ("CGR Affiliate") is a Texas corporation that was incorporated on March 29, 2018. CGR Affiliate's principal address is 720 Brazos Street, Suite 1200, Austin, TX 78701. CGR Affiliate owns and controls all of the intellectual property utilized by all of the CORE Businesses and licenses it to us. CGR Affiliate may also provide referral work to franchisees ("CORE Franchisees" or "CORE Members") as well as social media advertising services (see Item 6). CGR Affiliate does not conduct the type of business you will operate, nor has ever offered franchises for CORE Businesses or for franchises in any other line of business. One of CGR Affiliate's shareholders operates a business like those described in this Franchise Disclosure Document and has done so since 1991.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–11)
What This Means (2025 FDD)
According to Core Group Restoration Franchising's 2025 Franchise Disclosure Document, CORE Group Restoration, Inc. (CGR Affiliate) owns and controls all of the intellectual property utilized by all of the CORE Businesses and licenses it to Core Group Restoration Franchising. This intellectual property is central to the operation of the franchise system. The CGR Affiliate may also provide referral work to franchisees and social media advertising services. The CGR Affiliate does not conduct the type of business that a franchisee will operate, nor has it ever offered franchises for CORE Businesses or franchises in any other line of business. One of CGR Affiliate's shareholders operates a business like those described in the Franchise Disclosure Document and has done so since 1991.
For a prospective franchisee, this means that the right to use the intellectual property, such as trademarks and other proprietary materials, comes from the license granted by CGR Affiliate to Core Group Restoration Franchising. Franchisees benefit from the affiliate's ownership of these assets, as it ensures consistency and standardization across the CORE Businesses network. The potential for referral work from the CGR Affiliate could also provide franchisees with additional business opportunities and support.
It is important to note that while the CGR Affiliate does not operate a business like the franchised businesses, one of its shareholders does. This could provide valuable insight and experience to the affiliate, which could benefit the franchise system. Prospective franchisees should understand the relationship between Core Group Restoration Franchising and its affiliate, CGR Affiliate, and how this relationship impacts the franchise operations and support.