In what year was the Craters & Freighters Franchise Company formed?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
Craters & Freighters Franchise Company (the Company) was formed in September of 1991 in Colorado. The Company is a freight and shipping company that was organized to sell and administer franchises that offer a variety of packaging, crating, and freight forwarding services throughout the United States.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, Craters & Freighters Franchise Company was formed in September 1991 in Colorado. Craters & Freighters operates as a freight and shipping company. It was created to sell and manage franchises that provide packaging, crating, and freight forwarding services throughout the United States.
This information is relevant to potential franchisees as it provides insight into the company's history and business model. Knowing when the company was formed helps assess its experience and stability in the market. The fact that Craters & Freighters was established to specifically administer franchises indicates a focus on the franchise business model from its inception.
Understanding the nature of operations is also crucial for prospective franchisees. Craters & Freighters's focus on packaging, crating, and freight forwarding services defines the scope of services a franchisee will be offering. This helps potential franchisees evaluate whether their skills and interests align with the business's core activities.