factual

Can All County carry over deficits or surpluses in the Advertising Fund from year to year?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

In any fiscal year, we may spend an amount greater or less than the contributions to the Advertising Fund for that year. We may carry over deficits or surpluses from year to year. We will separately account for the Advertising Fund and will provide an annual compiled statement of the Advertising Fund upon your written request. We are under no obligation to refund any unspent contributions when the Franchise Agreement is terminated or expires.

Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 20–26)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, All County may carry over deficits or surpluses in the Advertising Fund from year to year. This means that if the amount spent on advertising in a given year is less than the contributions to the fund, the surplus can be carried over to the next year. Conversely, if the amount spent is more than the contributions, the deficit can also be carried over.

All County will provide an annual compiled statement of the Advertising Fund upon a franchisee's written request. However, All County is under no obligation to refund any unspent contributions when the Franchise Agreement is terminated or expires. This is a common practice in franchising, as the advertising fund is meant to benefit the entire franchise system, not individual franchisees.

This policy provides All County with flexibility in managing the Advertising Fund and allows them to adjust advertising spending based on the needs of the franchise system. However, it also means that franchisees may not see an immediate return on their advertising contributions, as the funds may be used for longer-term advertising initiatives or to cover deficits from previous years. Prospective franchisees should consider this when evaluating the costs and benefits of investing in an All County franchise.

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.