What does Core Group Restoration Franchising's affiliate license to Core Group Restoration Franchising?
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) licenses all of the intellectual property utilized by all of the CORE Businesses to Core Group Restoration Franchising. CGR Affiliate, a Texas corporation incorporated on March 29, 2018, owns and controls this intellectual property. The affiliate's principal address is 720 Brazos Street, Suite 1200, Austin, TX 78701.
This licensing agreement is crucial because it allows Core Group Restoration Franchising to grant franchisees the right to use the CORE system's trademarks, trade names, service marks, and logos. Without this license from its affiliate, Core Group Restoration Franchising would not have the legal right to allow franchisees to operate under the CORE Group Restoration brand.
In addition to licensing the intellectual property, CGR Affiliate may also provide referral work to franchisees and social media advertising services. However, CGR Affiliate does not conduct the same type of business that franchisees will operate, nor has it ever offered franchises for CORE Businesses or any other line of business. One of CGR Affiliate's shareholders operates a similar business to those described in the Franchise Disclosure Document and has done so since 1991.