On what date was Mrcool established?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a Kentucky limited liability company established on August 20, 2021. Our principal place of business is 64 Remington Way, Hickory, Kentucky 42051. We conduct business under our corporate name MRCOOL Franchising, LLC and under the MRCOOL trade name. Our business is operating the MRCOOL Center franchise system and granting franchises to third parties like you to develop and operate a Center. We began offering franchises as of February 28, 2023. Other than as discussed above, we are not in any other business, we have not conducted business in any other line of business, we do not conduct or operate a Franchised Business of the type to be operated by a franchisee, and we have not offered or sold franchises in any other line of business. We do not have any parents or predecessors. Our registered agents for service of process are disclosed in Exhibit B of this Disclosure Document.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 54–55)
What This Means (2025 FDD)
According to the 2025 Mrcool Franchise Disclosure Document, Mrcool Franchising, LLC was established on August 20, 2021. It is a Kentucky limited liability company. The company's principal place of business is located at 64 Remington Way, Hickory, Kentucky 42051. Mrcool operates under its corporate name, MRCOOL Franchising, LLC, and the MRCOOL trade name.
As of the FDD date, Mrcool focuses on operating the MRCOOL Center franchise system and granting franchises to third parties for the development and operation of these centers. Mrcool began offering franchises on February 28, 2023. The company states that it is not involved in any other business lines and does not operate a franchised business of the type that franchisees will operate.
Prospective franchisees should note that Mrcool does not have any parent companies or predecessors. This means Mrcool is a relatively new company in the franchising world, and potential franchisees should conduct thorough due diligence to assess the risks and opportunities associated with investing in a newer franchise system.