What is the deadline for the appraisers to complete their appraisal of my All County business?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
You and we will take reasonable actions to cause the appraisers to complete their appraisal within thirty (30) days after the third appraiser's appointment.
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, if All County and the franchisee cannot agree on the fair market value of the business, three independent appraisers will conduct an appraisal. The FDD states that All County and the franchisee will take reasonable actions to ensure the appraisers complete their appraisal within 30 days after the third appraiser's appointment.
This means that once the third appraiser is selected, all parties involved must work diligently to ensure the appraisal is completed within the specified timeframe. This includes providing the appraisers with necessary information and access to the business.
It is important for a prospective All County franchisee to understand this timeline, as it directly impacts the closing date of the purchase, which is set no later than 90 days after the determination of the purchase price. Delays in the appraisal process could potentially push back the closing date, so it is in the franchisee's best interest to cooperate and expedite the process as much as possible.