Does Craters & Freighters have any parent companies or predecessors?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
Our principal business address is 331 Corporate Circle, Suite J, Golden, Colorado 80401. We do business under the names "Craters & Freighters Franchise Company" and "Craters & Freighters." We were formed on September 23, 1991, as a Colorado corporation and started franchising on that date. We have been offering franchises since then. We have not conducted business in any other line of business, nor have we offered franchises in any other line of business. We have no parent or predecessors. Our agent for service of process is Robert Holliday, 331 Corporate Circle, Suite J, Golden, CO 80401. Our other agents for service of process are disclosed on Exhibit A.
We have two affiliates ("Affiliates"), Craters & Freighters Franchise Company International ("International") and Craters & Freighters Platinum, Inc. dba Craters & Freighters Global Logistics ("CFGL").
International is a Colorado corporation that was incorporated on January 23, 2013. International does not operate any Craters & Freighters businesses. International has not offered franchises for Craters & Freighters Franchised Businesses as of the date of this Franchise Disclosure Document but intends to offer franchises for Craters & Freighters Franchised Businesses outside the United States in the future. International has not offered franchises in other lines of business. International's principal business address is 331 Corporate Circle, Suite J, Golden, Colorado 80401.
CFGL is a Colorado corporation that was incorporated on September 19, 2014. CFGL administers our national accounts program. CFGL does not operate any Craters & Freighters businesses. CFGL has not offered franchises in this or any other lines of business. The principal business address for CFGL is 331 Corporate Circle, Suite J, Golden, Colorado 80401.
Our Business
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Craters & Freighters's 2025 Franchise Disclosure Document, Craters & Freighters Franchise Company was formed on September 23, 1991, as a Colorado corporation and began franchising on that date. The document explicitly states that Craters & Freighters has no parent companies or predecessors. This means that the company started independently and wasn't formed from or acquired by another entity. This information is crucial for potential franchisees as it provides insight into the company's history and organizational structure. A lack of predecessors can indicate a stable and consistent business model from its inception. However, it also means the company doesn't have a long lineage of established business operations to draw upon.
Craters & Freighters does have two affiliates: Craters & Freighters Franchise Company International ("International") and Craters & Freighters Platinum, Inc. dba Craters & Freighters Global Logistics ("CFGL"). International was incorporated on January 23, 2013, and intends to offer franchises for Craters & Freighters Franchised Businesses outside the United States in the future. CFGL was incorporated on September 19, 2014, and administers the national accounts program. These affiliates are separate entities that are related to Craters & Freighters but do not represent parent companies or predecessors.
Furthermore, the FDD mentions a former affiliate, Craters & Freighters Global Logistics, Inc., which was sold in June 2007 to Lisa A. Barenberg and no longer solicits business from national accounts for franchisees. This historical context provides additional information about the evolution of Craters & Freighters's business operations and its relationships with related entities over time. Understanding these relationships can help a prospective franchisee assess the stability and direction of the Craters & Freighters franchise system.