What is the legal structure of Epcon Communities Franchising, LLC?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
You have requested that Epcon Communities Franchising, LLC consent to the sublicense of your rights and obligations under the Epcon Communities Franchising, LLC Franchise Agreement to a related entity to the franchisee entity. In order for us to consider your request, we will need you to provide us with the following information:
A. Licensor: 1. Full legal name of franchisee entity: 2. Type of entity (corporation, partnership, limited partnership, limited liability company): 3. State where franchisee entity is registered: 4. Date of formation: 5. Ownership of franchisee entity: Name Percentage of Ownership 6. Location(s) of Epcon Project(s): B. entity.) Related Entity: (If this entity has not yet been established, provide information regarding the plans for the 1. Full legal name of related entity: 2. Full business address of related entity: 3. Type of entity (corporation, partnership, limited partnership, limited liability company: 4. State where related entity is registered: 5. Date of formation: 6. Ownership of related entity: Name Percentage of Ownership 7. Location(s) of Epcon Project(s): C. Purpose of Proposed Sublicense Arrangement: Activities related to construction, marketing and sales of a unit project containing Epcon condominium homes. D. Signature of Individual Submitting Response Title: Date:
Source: Item 23 — RECEIPTS (FDD pages 86–280)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document (FDD) does not explicitly state the legal structure of Epcon Communities Franchising, LLC. However, Exhibit A, which pertains to the Sublicense Agreement, includes a section where the franchisee must specify the 'Type of entity (corporation, partnership, limited partnership, limited liability company).' This suggests that Epcon Communities anticipates its franchisees may operate under various legal structures.
Furthermore, the document includes language regarding personal covenants and agreements, indicating that individuals may be personally bound by the obligations and covenants within the Franchise Agreement. This implies that Epcon Communities considers the legal responsibilities of its franchisees and related parties.
To determine the specific legal structure of Epcon Communities Franchising, LLC, a prospective franchisee should directly ask the franchisor for clarification. Understanding the franchisor's legal structure can provide insights into liability, tax implications, and overall business operations.