Where did Crawlspace Medic originate?
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").
On January 1, 2018, the Company converted from a single member LLC to a partnership when a member purchased 1,111 Class B units in the Company, amounting to 10 percent of the outstanding units and financial rights of the Company. Effective October 1, 2021, the members contributed the ownership of the Company to Home Brands Group, LLC ("Home Brands").
The Company is a franchisor that operates under the company name "Crawlspace Medic". The Company began offering franchises on September 15, 2017 as disclosed in the franchise disclosure document. The locations are occupied throughout the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, CSM Franchise Group, LLC was formed in December 2016. The company's origins are traced back to Columbia, South Carolina, under the corporate founding business Crawlspace Medic Holdings, LLC. This indicates that the Crawlspace Medic franchise system began in South Carolina before expanding its franchise operations.
In January 2018, CSM Franchise Group, LLC transitioned from a single-member LLC to a partnership when a member acquired 1,111 Class B units, representing 10% of the company's outstanding units and financial rights. Subsequently, on October 1, 2021, the members transferred ownership of the company to Home Brands Group, LLC.
Crawlspace Medic officially started offering franchises on September 15, 2017, and its franchised locations now operate throughout the United States. This information is relevant for prospective franchisees as it provides insight into the brand's history, its initial establishment, and its evolution into a franchise system.