What is the purpose of Tectum Franchising LLC in relation to Cr3 American Exteriors?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
Notes to the Financial Statements
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Organization and Nature of Business
Tectum Franchising LLC (hereinafter the "Company") was formed on July 12, 2022 as a Virginia limited liability company for the purpose of offering franchise opportunities and support for entrepreneurs who want to own a franchise location of CR3 American Exteriors, a business that offers, sells, and performs roofing and remodeling services for commercial and residential customers within a defined territory.
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to Cr3 American Exteriors' 2025 Franchise Disclosure Document, Tectum Franchising LLC was formed on July 12, 2022, as a Virginia limited liability company. Its primary purpose is to offer franchise opportunities and support to entrepreneurs interested in owning a Cr3 American Exteriors franchise. These franchises focus on providing roofing and remodeling services to both commercial and residential customers within specific territories.
Tectum Franchising LLC operates under the name CR3 American Exteriors, indicating it is the entity responsible for franchising the Cr3 American Exteriors brand. The FDD clarifies that if Tectum Franchising LLC d/b/a CR3 American Exteriors offers a franchise, it must provide the Franchise Disclosure Document to the prospective franchisee at least 14 calendar days before any binding agreement is signed or any payment is made related to the franchise sale. This ensures potential franchisees have adequate time to review the opportunity.
Furthermore, the Single Unit Franchise Agreement specifies that the agreement is between Tectum Franchising LLC d/b/a CR3 American Exteriors and the franchisee. This agreement grants the franchisee the right to operate a Cr3 American Exteriors business using the franchisor's system and marks within a defined territory. Tectum Franchising LLC, therefore, is the entity that grants the franchise rights and provides the necessary support and system for franchisees to operate under the Cr3 American Exteriors brand.