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Franchise Group Inc
109 INNOVATION COURT, SUITE J
Phone: (508) 630-4426p:508 630-4426 DELAWARE, OH  43015  United States Fax: (302) 655-5049f:302 655-5049
This company ceased filing statements with the SEC on 8/31/2023.
On October 20, 2020, the Chief Financial Officer of the Company determined that the unaudited combined financial statements of Sears Outlet Stores as of and for the twenty-six weeks ended August 3, 2019 and August 4, 2018, should no longer be relied upon. In reviewing the accounting practices of Sears Outlet Stores subsequent to the closing of the acquisition, the Company has determined that the Original Sears Outlet Interim Financial Statements contain errors related to carve-out adjustments recorded to allocate Sears Hometown and Outlet, Inc.’s corporate costs and other shared accounts and adjustments to correct certain financial statement presentation matters, including the presentation of the non-cash impact of the adoption of FASB Accounting Standards Update 2016-02, Leases (Topic 842) in the statement of cash flows for the twenty-six weeks ended August 3, 2019.
On 8/21/2023, the Company was acquired by a Consortium Led by it's Management Group
This company is no longer actively traded on any major stock exchange.
Business Summary
Franchise Group, Inc. is the owner and operator of franchised and franchisable businesses. The Company operates through six segments: Vitamin Shoppe, Pet Supplies Plus, American Freight, Buddy’s and Sylvan. The Vitamin Shoppe segment is an omnichannel specialty retailer of vitamins, minerals, herbs, specialty supplements, sports nutrition and other health and wellness products. The Pet Supplies Plus segment is a franchisor and retailer of pet supplies and services. The American Freight segment is a retail chain offering in-store and online access to furniture, mattresses, new and out-of-box appliances and home accessories at discount prices. The Buddy’s segment is a specialty retailer of name brand consumer electronic, residential furniture, appliances and household accessories through rent-to-own agreements.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-YesYes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
7/1/202312/31/2022YesYes--Yes

Industries
SIC Code Description
5499 Miscellaneous food stores
5712 Furniture stores
5722 Household appliance stores
7359 Equipment rental and leasing, not elsewhere classified
5999 Miscellaneous retail stores, not elsewhere classified
6794 Patent owners and lessors

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Matthew E.Avril 62 3/31/2020 8/9/2018
President, Chief Executive Officer, Director Brian R.Kahn 49 10/2/2019 8/9/2018
Chief Financial Officer Eric F.Seeton 51 10/28/2019 10/28/2019
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Healthy Pet Partners LLC 1234 E Woodmen Rd Colorado Springs CO United States
FDC Vitamins, Inc. 14620 NW 60th Ave. Miami Lakes FL United States
Betancourt Sportsnutrition, LLC 14700 NW 60th Ave. Miami Lakes FL United States
8 additional Subsidiary records available in full report.

Business Names
Business Name
3HC
American Freight Discount Outlet Franchising
American Freight Franchising LLC
59 additional Business Names available in full report.

General Information
Number of Employees: 8,575 (As of 12/31/2022)
Outstanding Shares: 35,191,461 (As of 8/3/2023)
Shareholders: 116
Stock Exchange: NASD
Federal Tax Id: 273561876
Fax Number: (302) 655-5049


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