What is the full legal name of the Crawlspace Medic franchisor?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
CSM Franchise Group, LLC (the "Company") was formed as a limited liability company (LLC) in December of 2016. The Company originated in Columbia, South Carolina under the corporate founding business Crawlspace Medic Holdings, LLC ("Crawlspace Medic"). Effective October 1, 2021, the members contributed the ownership of the Company to Home Brands Group, LLC ("Home Brands").
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2024 FDD)
According to the 2024 Crawlspace Medic Franchise Disclosure Document, the franchisor is CSM Franchise Group, LLC. The company was formed as a limited liability company in December 2016. The company originated in Columbia, South Carolina under the corporate founding business Crawlspace Medic Holdings, LLC.
It is important for prospective franchisees to understand the legal structure of the franchisor, as this can have implications for liability and other legal matters. Additionally, the FDD indicates that effective October 1, 2021, the members contributed the ownership of the Company to Home Brands Group, LLC.
Understanding the franchisor's history and ownership structure can help a prospective franchisee assess the stability and experience of the company. It also highlights that Crawlspace Medic Holdings, LLC is the founding business.