When was Crisp & Green LLC, the parent company of Crisp & Green, 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.
Our Parent, Predecessors, and Affiliates
We have no predecessor. We are a wholly owned subsidiary of our corporate parent, Crisp & Green LLC, which we refer to as our "Parent." Our Parent is a Minnesota limited liability company organized on April 26, 2016, with a principal place of business at 746 Mill Street E, Wayzata, MN 55391. Our Parent, in turn, is a wholly owned subsidiary of Steele Brands Holdco LLC, a Delaware limited liability company organized on September 25, 2023, with the same principal place of business as our Parent.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–13)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, Crisp & Green LLC, the parent company of Crisp & Green Franchising LLC, was organized on April 26, 2016. It is a Minnesota limited liability company. The principal place of business for Crisp & Green LLC is located at 746 Mill Street E, Wayzata, MN 55391.
Crisp & Green LLC is a wholly-owned subsidiary of Steele Brands Holdco LLC, which was organized on September 25, 2023. Steele Brands Holdco LLC is a Delaware limited liability company with the same principal place of business as Crisp & Green LLC. This structure indicates that Steele Brands Holdco LLC is the ultimate parent company in the organizational hierarchy.
Understanding the parent company's formation date can be important for prospective franchisees as it provides insight into the history and potential stability of the overall franchise system. Knowing that Crisp & Green LLC was formed in 2016 allows potential franchisees to assess the experience and track record of the parent company in the restaurant and franchising industries.