Who is considered a 'Guarantor' for an All County franchise, and where is the Guaranty agreement located?

According to All County's 2025 Franchise Disclosure Document, a Guarantor is defined as any person who signs the Guaranty and Assumption of Obligations agreement. This agreement is specifically found in Appendix C of the Franchise Agreement.

For a prospective All County franchisee, this means that if the franchisor requires a personal guarantee, the individual signing that guarantee (the Guarantor) is legally bound to fulfill certain obligations outlined in Appendix C. This is a common practice in franchising, especially when the franchisee is a corporate entity with limited financial history. The guarantee ensures that there is an individual ultimately responsible for the franchise's financial and contractual obligations.

It is crucial for any potential Guarantor to carefully review Appendix C, the Guaranty and Assumption of Obligations, with legal counsel. This review should clarify the scope of the guarantee, the conditions under which it can be invoked, and the potential liabilities the Guarantor may face. Understanding these details is essential before signing the franchise agreement and committing to the obligations of a Guarantor for an All County franchise.