On what date was Gold Star Chili, Inc. incorporated?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
Gold Star is an Ohio corporation that was incorporated on September 14, 1965. Gold Star does business under the name "Gold Star" and "Gold Star Chili." Gold Star does not conduct business under any other names. Gold Star's principal business address is 650 Lunken Park Drive, Cincinnati, Ohio 45226. Gold Star's agents for service of process are disclosed in Exhibit A.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 7–10)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, Gold Star Chili, Inc. was incorporated on September 14, 1965. The FDD specifies that "Gold Star" refers to Gold Star Chili, Inc., the franchisor, to ensure clarity throughout the document. The document also clarifies that "you" refers to the person or business entity buying the franchise. This distinction is important for understanding the rights and obligations outlined in the franchise agreement. Gold Star does business under the names "Gold Star" and "Gold Star Chili" and does not operate under any other names. Its principal business address is 650 Lunken Park Drive, Cincinnati, Ohio 45226. Exhibit A of the FDD discloses Gold Star's agents for service of process.
Knowing the incorporation date can be useful for a prospective franchisee to assess the company's history and longevity. A long history, as in Gold Star's case, can indicate stability and experience in the restaurant industry. The FDD also states that Gold Star has operated chili-style restaurants continuously since its formation in 1965 and began franchising in 1966. This extensive operational and franchising experience may provide a level of confidence for new franchisees.
Understanding the franchisor's business structure, including its incorporation date and any affiliates, is a standard part of due diligence when considering a franchise investment. In addition to the incorporation date, the FDD also identifies Gold Star's affiliates, such as Gold Star Chili Advertising Association (GSCAA) and GSC Properties, LLC, providing a more complete picture of the Gold Star business network.