For Mrcool, if a franchisee signs a Multi-Unit Development Agreement, will they also be signing individual Center Franchise Agreements?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
develop.
Unless otherwise specified, the information contained in this Disclosure Document applies to single unit development under a Franchise Agreement and multi-unit development under a Multi-Unit Development Agreement. If you are not contracting for the right to develop multiple Centers, you will not be signing a Multi-Unit Development Agreement. Even if you sign a Multi-Unit Development Agreement, you will also be signing individual Center Franchise Agreements with the first Center Franchise Agreement being the Franchise Agreement attached to this Disclosure Document as Exhibit E and signed simultaneous with the signing of the Multi-Unit Development Agreement.
Our Affiliates
JOI Holdings, LLC
Our affiliate JOI Holdings, LLC is a Kentucky limited liability company established on August 6, 2019. This affiliate maintains a principal business address at 68 Remington Way, Hickory, Kentucky 42051. This affiliate owns the Licensed Marks and other intellectual property. This affiliate has not in the past and does not now offer franchises in any lines of business.
MRCOOL, LLC
Our affiliate MRCOOL, LLC is a Tennessee limited liability company established on July 9, 2014. This affiliate maintains a principal business address at 48 Remington Way, Hickory, Kentucky 42051. This affiliate has not in the past and does not now offer franchises in any lines of business.
HVAC Distributing LLC
Our affiliate HVAC Distributing LLC is a Tennessee limited liability company established on December 18, 2013 and maintains a principal business address at 60 Remington Way, Hickory, Kentucky 42051. This company provides equipment to MRCOOL corporate and franchise outlets. This affiliate also operates a MRCOOL business that is similar to the Franchised Business. This affiliate owns and operates distribution centers for MRCOOL branded products throughout the United States.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Mrcool's 2025 Franchise Disclosure Document, if a franchisee enters into a Multi-Unit Development Agreement, they will also be required to sign individual Center Franchise Agreements. The first of these Center Franchise Agreements is the same Franchise Agreement attached as Exhibit E to the FDD, and it is signed simultaneously with the Multi-Unit Development Agreement. This initial agreement allows the franchisee to begin developing and operating their first Mrcool Center.
The Multi-Unit Development Agreement allows a franchisee to develop and operate multiple Mrcool Centers, with the total number of Centers varying from two to five, based on negotiations at the time of signing the agreement. Each Center must be developed within a designated geographic area, referred to as the "Development Area," and must operate under the terms of Mrcool's then-current individual unit Franchise Agreement, which may differ from the Franchise Agreement included in the FDD.
The Multi-Unit Development Agreement also includes a development schedule that specifies deadlines for opening and operating each Mrcool Center. This development schedule can vary depending on the Development Area and the number of Centers the franchisee is required to develop. This ensures that franchisees commit to a structured expansion plan, aligning with Mrcool's strategic growth objectives.