What other company is André Vener a shareholder of, besides Dog Haus?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
aurant. During the fiscal year ended December 31, 2024, we did not derive any revenue from required franchisee purchases or leases.
Pyramid Powder is a Dog Haus Approved Supplier and is the only approved supplier for certain furniture and equipment for your Franchised Restaurant. Pyramid Powder will derive a profit from these sales to our franchisees. André Vener, Quasim Riaz, and Hagop Giragossian, our members listed in Item 2, own Pyramid Powder. Pyramid Powder's total revenue in 2024 was $251,003. Pyramid Powder earned all of its revenue from required purchases or leases to our franchisees in 2024. The source of this information is the financial books and records of Pyramid Powder. There are no other suppliers in which any officer owns an interest.
Source: Item 2 — BUSINESS EXPERIENCE (FDD pages 12–13)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, André Vener is a shareholder in two other companies besides Dog Haus. Specifically, André Vener, along with Quasim Riaz and Hagop Giragossian, owns Pyramid Powder, LLC, which is the approved supplier for certain furniture and equipment that franchisees are required to purchase for their Dog Haus restaurants. In 2024, Pyramid Powder's total revenue was $251,003, all of which was derived from sales to Dog Haus franchisees.
Additionally, André Vener, Quasim Riaz, and Hagop Giragossian also own Dog Haus Management, LLC (DHM). DHM provides management services for some current Dog Haus franchisees. However, the document states that DHM did not derive any revenue from required franchisee purchases or leases during the fiscal year ended December 31, 2024.
As a prospective franchisee, it's important to understand these relationships, as they could present potential conflicts of interest. While the FDD discloses these ownership connections, franchisees should evaluate whether the pricing and quality of goods and services provided by Pyramid Powder and the services provided by DHM are competitive and reasonable. It is typical in franchising for franchisors and their affiliates to supply goods and services to franchisees, but transparency and fair pricing are essential.