What is the entity of the franchisor for The Standardx franchise?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
The franchisor is Hyatt Franchising, L.L.C. located at 150 North Riverside Plaza, Chicago, Illinois 60606. Its telephone number is (312) 750-1234.
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the franchisor is Hyatt Franchising, L.L.C. The document specifies that Hyatt Franchising, L.L.C. is located at 150 North Riverside Plaza, Chicago, Illinois 60606. This information is crucial for prospective franchisees as it clearly identifies the legal entity they will be contracting with.
Knowing the franchisor's entity is important for legal and business reasons. It defines who is responsible for upholding the franchise agreement and who the franchisee would pursue legal action against if necessary. The address and contact information provided allow potential franchisees to conduct due diligence on Hyatt Franchising, L.L.C.
Furthermore, the document mentions that Hyatt Franchising, L.L.C. is a Delaware limited liability company in the Rider to the Hyatt Franchising, L.L.C. Confidentiality Agreement for use in Minnesota. This detail about being a limited liability company is relevant because it provides insight into the franchisor's corporate structure and potential liability protections.