Who is the parent company of Red Wagon Club, Red Wagon Club Community, LLC, and Red Wagon Club IP, LLC?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
Our affiliate, Red Wagon Club Community, LLC ("OpCo"), a Florida limited liability company which shares our principal business address, will enter into membership agreements ("Membership Agreements") with your clients that purchase a Red Wagon Club membership of your RWC Business.
Our affiliate, Franchise Law Firm Exploratory & Development, LLC, a Florida limited liability company which is in the process of changing its entity name to Red Wagon Club IP, LLC ("RWC IP"), and which shares our principal business address, owns the Marks (defined below) and will provide trademark license rights in the Marks to us, enabling us to license those Marks to franchisees.
Our, OpCo's, and RWC IP's parent is Red Wagon Club Holdings, LLC ("Holdings"), a Florida limited liability company which shares our principal business address. None of OpCo, RWC IP, or Holdings currently own or operate any RWC Businesses or offer franchises for RWC Businesses or any other concepts.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 10–11)
What This Means (2024 FDD)
According to the 2024 Red Wagon Club Franchise Disclosure Document, Red Wagon Club Holdings, LLC ("Holdings") is the parent company of Red Wagon Club Franchise, LLC, Red Wagon Club Community, LLC ("OpCo"), and Red Wagon Club IP, LLC ("RWC IP"). All these entities share the same principal business address.
Red Wagon Club Community, LLC (OpCo) enters into membership agreements with clients who purchase a Red Wagon Club membership. Franchise Law Firm Exploratory & Development, LLC, which is in the process of changing its name to Red Wagon Club IP, LLC (RWC IP), owns the trademarks and provides trademark license rights to Red Wagon Club Franchise, LLC, which enables them to license those marks to franchisees.
It is important to note that none of OpCo, RWC IP, or Holdings currently own or operate any Red Wagon Club businesses or offer franchises for Red Wagon Club businesses or any other concepts. Red Wagon Club Franchise, LLC, the franchisor, is a limited liability company formed in Florida on June 27, 2024, and began offering franchises as of the date of the 2024 Disclosure Document.