On what date was Crisp & Green Franchising LLC organized?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
We are a Minnesota limited liability company organized on February 22, 2018, for the purpose of engaging in the sale of franchises of CRISP & GREEN® restaurants. Our principal business address is 746 Mill Street E, Wayzata, MN 55391. We conduct business under the name CRISP & GREEN® and the trademarks described in Item 13 and under no other names. Our agents for service of process are disclosed in Exhibit A. We have been offering franchises described in this disclosure document since April 17, 2018. We have never offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–13)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, Crisp & Green Franchising LLC was organized on February 22, 2018. It was established as a Minnesota limited liability company. The company's purpose is to engage in the sale of franchises for Crisp & Green restaurants.
This information is crucial for prospective franchisees as it establishes the legal foundation and history of the franchising entity. Knowing the date of organization helps in assessing the maturity and experience of the franchisor in the franchise industry.
Furthermore, the FDD specifies that Crisp & Green Franchising LLC has been offering franchises since April 17, 2018. This indicates when the company began its franchising operations, which is another factor potential franchisees might consider when evaluating the franchise opportunity.