factual

How does All County apply payments received from franchisees?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

26. NOTICES AND PAYMENTS.

  • 26.1. Notices. All written notices and reports permitted or required to be delivered by the provisions of this Agreement or the Operations Manual will be deemed so delivered:
    • 26.1.1. at the time delivered by hand;
    • 26.1.2. one (1) business day after transmission by authorized electronic system, provided there is evidence of delivery;
    • 26.1.3. one (1) business day after being placed in the hands of a commercial courier service for next business day delivery, provided there is evidence of delivery; or
    • 26.1.4. five (5) business days after placement in the United States Mail by Registered or Certified Mail, Return Receipt Requested, postage prepaid; and must be addressed to the party to be notified at its most current principal business address of which the notifying party has been notified. Any required payment or report which we do not actually receive during regular business hours on the date due (or postmarked by postal authorities at least two (2) days prior thereto) will be deemed delinquent.
  • 26.2. Payments. All payments required to be delivered by the provisions of this Agreement or the Operations Manual will be deemed so delivered as provided in Article 26.1. above and will be deemed delivered by bank-wire transfer upon telephone or electronic confirmation with the receiving bank.

Source: Item 23 — Receipts (FDD pages 43–157)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, all payments required under the Franchise Agreement or the Operations Manual are considered delivered as outlined in Article 26.1. Payments are also considered delivered upon telephone or electronic confirmation with the receiving bank for bank-wire transfers.

Article 26.1 specifies that written notices and reports are deemed delivered at the time of hand delivery; one business day after electronic transmission with evidence of delivery; one business day after being placed with a commercial courier for next-day delivery, provided there is evidence of delivery; or five business days after being placed in the U.S. Mail via registered or certified mail with return receipt requested and postage prepaid. Any required payment or report not actually received during regular business hours on the due date (or postmarked at least two days prior) will be considered delinquent.

This means that All County franchisees must ensure that all payments are sent with enough lead time to account for potential delays in mail or electronic transfers. Franchisees should also retain proof of delivery for all payments and reports to avoid any disputes regarding timeliness. The specific methods of payment that All County accepts are not described in the provided documentation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.