What is the cure period for failing to make payments due to All County?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
- 22.2.11. you fail to make payments of any amounts due to us and do not correct such failure within seven (7) days after written notice of such failure is delivered to you;
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, if a franchisee fails to make payments of any amounts due to All County, they have seven days to correct this failure after receiving written notice. If the franchisee does not correct the failure to pay within this seven-day period, All County may terminate the franchise agreement.
This short cure period highlights the importance of maintaining timely payments to All County. Franchisees should ensure they have sufficient financial resources and systems in place to meet their payment obligations to avoid potential termination of their franchise agreement. The written notice requirement provides the franchisee with a formal opportunity to rectify the situation, but the timeframe is relatively short compared to other potential breaches of the agreement, which may have longer cure periods.
It is important to note that this cure period applies specifically to the failure to make payments due to All County. Other types of non-compliance with the franchise agreement may have different cure periods, as outlined in the FDD. Therefore, franchisees must carefully review the entire agreement to understand their obligations and the consequences of non-compliance.