Besides CV Holdings, does Costa Vida Fresh Mexican Grill have any other affiliates?
Costa_Vida_Fresh_Mexican_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
Costa Vida has no other affiliates.
Franchisor's Business
Costa Vida is in the business of granting licenses and franchises for the operation of Costa Vida Restaurants under the "Costa Vida" name and Marks. Please see Exhibit C for a copy of the current form of the Costa Vida Franchise Agreement (and its related appendices) that Costa Vida uses to offer, award and service Costa Vida's Franchises.
Costa Vida, through its predecessor, has been in the business of the type to be operated by you since June 2004. We, also through our predecessor, began offering franchises for this business in June 2004. From June 2005 to November 2009, Costa Vida Management was in the business of granting licenses and franchises for the operation of Costa Vida Restaurants under the Costa Vida names and Marks.
CV Holdings is an asset management and holding company that also owns and operates several subsidiary entities that operate Costa Vida franchises.
Costa Vida and our current and future Affiliates may develop additional Costa Vida Restaurants, all of which may compete with you.
These are the only franchised businesses that have been offered by us and our Affiliates.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–12)
What This Means (2025 FDD)
According to the 2025 Costa Vida Fresh Mexican Grill Franchise Disclosure Document, besides CV Holdings, the company has no other affiliates. However, CV Holdings, the parent company, owns and operates several Costa Vida franchises through its subsidiaries. This means that while Costa Vida Fresh Mexican Grill itself doesn't have additional affiliated entities, its parent company is actively involved in operating franchise locations.
This distinction is important for prospective franchisees because it clarifies the relationship between the franchisor and its parent company. CV Holdings' involvement in operating franchises could provide Costa Vida Fresh Mexican Grill with valuable insights and experience in managing restaurant locations, which could benefit franchisees through improved support and training.
However, it also means that franchisees may compete with company-owned locations. The FDD states that Costa Vida Fresh Mexican Grill and its current and future affiliates may develop additional Costa Vida Restaurants, all of which may compete with franchisees. This potential competition should be carefully considered by anyone looking to invest in a Costa Vida Fresh Mexican Grill franchise.