When was Red Wagon Club Franchise, LLC formed?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
We are a limited liability company that was formed in Florida on June 27, 2024. We began offering franchises as of the date of this Disclosure Document. We conduct business under our corporate name and the name "Red Wagon Club." Our principal business address is 2801 Florida Avenue, Suite C, Coconut Grove, Florida 33133. We do not operate businesses of the type being offered in this Disclosure Document, we do not have any other business activities, and we have not offered any franchises in any other lines of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 10–11)
What This Means (2024 FDD)
According to Red Wagon Club's 2024 Franchise Disclosure Document, Red Wagon Club Franchise, LLC was formed in Florida on June 27, 2024. The company began offering franchises as of the date of the FDD. The principal business address for Red Wagon Club is 2801 Florida Avenue, Suite C, Coconut Grove, Florida 33133.
It is important to note that Red Wagon Club does not operate businesses of the type being offered in the FDD, has no other business activities, and has not offered any franchises in any other lines of business. This means that Red Wagon Club is a newly formed entity focused solely on franchising the Red Wagon Club concept.
Prospective franchisees should be aware that because Red Wagon Club is a new company, there is limited operating history to review. This is not uncommon for new franchise systems, but it does mean that franchisees will need to carefully evaluate the business plan and projections provided by the franchisor. It would be prudent to speak with the affiliate, Red Wagon Club Community, LLC, to understand the membership agreements and how they function with the affiliated law firm business.