factual

What is the basis for the financial performance data provided for an All County franchise?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

or supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances.

The information presented below is the only financial performance data provided relative to the purchase of an ALL COUNTY® franchise business, and this information is derived from data reported to us by our franchisees. The information presented below does not include any information relating to our company operated location. A number of characteristics of the included franchise outlets may differ materially from those of a franchise outlet that may be offered to a prospective franchisee, such as geographic location of the franchise, demographics of the franchise territory, economic stability of the franchise market, number of rental units available for lease in the franchise territory, amount and degree of competition in the franchise territory, the amount and medium of advertising selected by the franchisee, and a franchisee's ability to manage the business.

HISTORIC PERFORMANCE

2024 Franchise Gross Revenue for Franchise Businesses Opening in 2023

The represented subset is for all franchise locations that opened in 2023 and operated the entire calendar year of 2024. Our basis for inclusion of this data subset is to provide a representation of potential annual gross revenue that a new franchise location that has operated for only 1 full calendar year may derive. The represented subset does not include company owned locations. The total number of franchise locations included in the subset is 9. The total number of franchise locations that derived revenue all of 2024 was 68.

| | SECTION IN | | |---|---|---| | | FRANCHISE | | | PROVISION | AGREEMENT | SUMMARY | | t. Integration/merger clause | 25.18 | Only the terms of the Franchise Agreement are | | | | binding (subject to applicable state law). Any | | | | representations or promises made outside the | | | | Disclosure Document and Franchise | | | | Agreement may not be enforceable. | | u. Dispute resolution by arbitration or mediation | 25.12 | All disputes resolved by mediation or arbitration except for actions for declaratory or equitable relief, actions in ejectment or for possession of any interest in real or personal property, or actions which by applicable law can’t be arbitrated. This provision is subject to applicable state law. | | v. Choice of forum | 25.14 | Applicable law is that of the State of Florida, | | | | unless superseded by state law. State specific | | | | appendices are attached to the Franchise | | | | Agreement, and state specific addendums to | | | | the Disclosure Document are attached as | | | | Exhibit “D”. This provision is subject to | | | | APPLICABLE state law. | | w. Choice of law | 25.13 | Florida, except for arbitration which is | | | | covered by the Federal Arbitration Act. State | | | | specific appendices are attached to the | | | | Franchise Agreement and state specific | | | | addendums to the Disclosure Document are | | | | attached as Exhibit “D”. This provision is | | | | subject to APPLICABLE state law. | Average Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 4 of 9 (44%).

Median Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 5 of 9 (55%).

2024 Franchise Gross Revenue for Franchise Businesses Opening in 2022

The represented subset is for all franchise locations that opened in 2022 and operated the entire calendar year of 2024. Our basis for inclusion of this data subset is to provide a representation of

potential annual gross revenue that a franchise location that has operated for only 2 full calendar years may derive. The represented subset does not include company owned locations. The total number of franchise locations included in the subset is 4.

| Average Annual Gross Revenue for the Subset | Median Annual Gross Revenue for the Subset | Highest Performing Franchise Location in the Subset | Lowest Performing Franchise Location in the Subset | |---|---|---|---| | $110,112 | $86,528 | $255,885 | $19,014 | Average Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 1 of 4 (25%).

Median Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 2 of 4 (50%).

2024 Franchise Gross Revenue for All Franchise Businesses Operational for Full 12 Calendar Months of 2024

The represented subset is for all franchise locations that operated the entire calendar year of 2024. The represented subset does not include company owned locations. The total number of franchise locations included in the subset is 68. Only franchise locations that were operational for all of the full calendar year of 2024 are included in the subset. The total number of franchise locations that existed at the end of the measurement period was 78.

| Average Annual Gross Revenue for the Subset | Median Annual Gross Revenue for the Subset | Highest Performing Franchise Location in the Subset | Lowest Performing Franchise Location in the Subset | |---|---|---|---| | $285,245 | $218,793 | $602,688 | $100,707 | Average Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 25 of 68 (36%).

Median Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 33 of 68 (48%).

3 Year Period Average Annual Gross Revenue for Franchise Businesses Operational for Full Calendar Years of 2022 to 2024

The represented subset is for all franchise locations that operated for at least 3 full calendar years, and which operated the entire calendar year of 2022. Our basis for inclusion of this data subset is to provide a representation of potential annual gross revenue that mature franchise locations that

have operated for at least 3 full calendar years may derive. The represented subset does not include company owned locations. The total number of franchise locations included in the subset is 56. Only franchise locations that were operational for all of the full calendar years of 2022 to 2024 are included in the subset.

| Average Annual Gross Revenue for the Subset | Median Annual Gross Revenue for the Subset | Highest Performing Franchise Location in the Subset | Lowest Performing Franchise Location in the Subset | |---|---|---|---| | $417,302 | $304,336 | $1,949,848 | $21,075 | Average Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 20 of 56 (35%).

Median Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 27 of 56 (48%).

5 Year Period Average Annual Gross Revenue for Franchise Businesses Operational for Full Calendar Years of 2020 to 2024

The represented subset is for all franchise locations that operated for at least 5 full calendar years, and which operated the entire calendar year of 2020. Our basis for inclusion of this data subset is to provide a representation of potential annual gross revenue that mature franchise locations that have operated for at least 5 full calendar years may derive. The total number of franchise locations included in the subset is 46. Only franchise locations that were operational for all of the full calendar years of 2020 to 2024 are included in the subset.

| Average Annual Gross Revenue for the Subset | Median Annual Gross Revenue for the Subset | Highest Performing Franchise Location in the Subset | Lowest Performing Franchise Location in the Subset | |---|---|---|---| | $431,810 | $326,503 | $1,799,722 | $30,133 | Average Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 18 of 46 (39%).

Median Annual Gross Revenue: The total number of franchise locations in the subset that achieved the performance shown above was 23 of 46 (50%).

Written substantiation for the financial performance representation will be made available to prospective franchisees upon reasonable request.

Some outlets have earned this amount. Your individual results may differ. There is no assurance that you'll earn this much.

Notes

  1. "Gross Revenue" includes the total revenue and other consideration from operating the franchise business, but excludes revenue from designated maintenance services, all federal, state or municipal sales, use or service taxes collected from customers and paid to the appropriate taxing authority, and all customer refunds, adjustments, credits and allowances actually made by the franchised business in compliance with our Methods of Operation.

Other than the preceding financial performance representation, All County Property Management Franchise Corp. does not make any financial performance representations.

Source: Item 19 — Financial Performance Representations (FDD pages 34–38)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, the financial performance data disclosed in Item 19 is derived from data reported by franchisees. The data does not include information from company-operated locations. All County provides financial performance data based on different subsets of franchise locations, categorized by their years of operation. These subsets include locations that opened in 2023 and operated for the entire calendar year of 2024, locations that opened in 2022 and operated for the entire calendar year of 2024, franchise businesses operational for the full calendar years of 2022 to 2024, and franchise businesses operational for the full calendar years of 2020 to 2024.

The FDD provides gross revenue figures for various subsets of All County franchises. For example, it includes data for franchises that opened in 2023 and operated the entire year of 2024, as well as for franchises operational for three and five full calendar years. The document specifies the number of locations included in each subset and the criteria for inclusion. For the 2024 performance of franchises opening in 2023, 9 locations were included in the subset, while 68 total franchise locations derived revenue in 2024. For the 3-year period from 2022 to 2024, 56 locations were included. For the 5-year period from 2020 to 2024, 46 locations were included.

The FDD also specifies that the financial performance representations are based on historic performance. For the subset of franchises operational for the full year 2024, the average annual gross revenue was $285,245, while the median was $218,793. The highest-performing franchise in this subset had a gross revenue of $602,688, and the lowest was $100,707. For franchises opening in 2022 and operating through 2024, the average annual gross revenue was $110,112, and the median was $86,528. The highest and lowest performing franchises in this subset had gross revenues of $255,885 and $19,014, respectively. For franchises operational between 2022 and 2024, the average annual gross revenue was $417,302, and the median was $304,336, with the highest and lowest revenues being $1,949,848 and $21,075, respectively. For franchises operational between 2020 and 2024, the average annual gross revenue was $431,810, and the median was $326,503, with the highest and lowest revenues being $1,799,722 and $30,133, respectively. All County notes that individual results may vary, and there is no assurance of earning these amounts.

It is important to note that the financial performance of All County franchises can vary significantly based on factors such as geographic location, demographics, market competition, and the franchisee's management abilities. Prospective franchisees should consider these factors and request written substantiation for the financial performance representation, which All County will make available upon reasonable request. Additionally, the FDD advises franchisees to report any unauthorized financial performance information to All County's management, the Federal Trade Commission, and appropriate state regulatory agencies.

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.