Who are the joint owners of Cr3 American Exteriors?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not have a parent company because no company owns a controlling or majority interest in us and no single company has the right to control our operations. Instead, we are owned and controlled jointly (50:50) by Loyalty, LLC, formed on November 6, 2017, with a principal business address of 780 Lynnhaven Parkway, Suite 240, Virginia Beach, VA 23452 and Fryfogle Luterman, LLC, formed on July 11, 2022, with a principal address of 1446 Baltimore Street, Ste. E, Hanover, PA 17331.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to Cr3 American Exteriors' 2025 Franchise Disclosure Document, the company does not have a parent company because no single entity owns a controlling interest. Instead, Cr3 American Exteriors is jointly owned (50:50) by Loyalty, LLC, formed on November 6, 2017, and Fryfogle Luterman, LLC, formed on July 11, 2022. Loyalty, LLC has a principal business address of 780 Lynnhaven Parkway, Suite 240, Virginia Beach, VA 23452, while Fryfogle Luterman, LLC is located at 1446 Baltimore Street, Ste. E, Hanover, PA 17331.
This information is crucial for prospective franchisees as it clarifies the ownership structure of Cr3 American Exteriors. Understanding who the owners are can provide insight into the strategic direction and decision-making processes of the company. Knowing that the company is co-owned rather than controlled by a single entity may suggest a more collaborative approach to leadership.
For a potential franchisee, this also highlights the importance of researching Loyalty, LLC, and Fryfogle Luterman, LLC, to better understand their backgrounds and business philosophies. This due diligence can help in assessing the stability and long-term vision of Cr3 American Exteriors. Additionally, understanding the roles and responsibilities of each owner could be a valuable point of discussion during the franchisee's conversations with the franchisor.