What is the name of Deck Medic's predecessor?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
Our Predecessors
Our predecessor is Deck Bright Opportunities, Inc., an Illinois corporation with a business address of 966 Lambrecht Road, Frankfort, Illinois 60423 (the "Prior Franchisor") and has been dissolved since 2015. It was formed on December 15, 2011, and previously offered Deck Bright licenses, but neither engaged in any other line of business nor offered franchises in any other line of business. On January 1, 2016, we acquired the assets of the Prior Franchisor related to the System and, on January 1, 2016, we also assumed the role as franchisor of the System.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, the company's predecessor is Deck Bright Opportunities, Inc., an Illinois corporation. Deck Bright Opportunities, Inc. was formed on December 15, 2011, and dissolved in 2015. Its business address was 966 Lambrecht Road, Frankfort, Illinois 60423. Deck Bright Opportunities, Inc. previously offered Deck Bright licenses. Deck Bright Opportunities, Inc. did not engage in any other line of business nor offer franchises in any other line of business.
On January 1, 2016, Deck Medic acquired the assets of Deck Bright Opportunities, Inc. related to the System and assumed the role as franchisor of the System.
It is common for franchise systems to evolve from earlier business entities. Understanding the history of a franchise system, including its predecessors, can provide valuable insight into its development and potential future trajectory. Prospective Deck Medic franchisees may want to further investigate the reasons for the change from Deck Bright Opportunities, Inc. to Deck Medic, Inc., and how this transition has impacted the franchise system.