factual

What is the definition of 'Maintenance Revenue Fee' in the All County franchise agreement?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

iance with our Methods of Operation.

  • "Guarantor" means any person who signs the Guaranty and Assumption of Obligations found in Appendix C to the Agreement.
  • "Location(s)" means your principal place of business and any other places where we authorize you to operate the Franchised Business.
  • "Maintenance Revenue" means all total revenue and other consideration you, any Owner, or any affiliated business entity derive from repairs and maintenance services to real property or equipment, including but not limite

Source: Item 23 — Receipts (FDD pages 43–157)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, the 'Maintenance Revenue Fee' is defined as the percentage fee that the franchisee must pay to All County each month based on any Maintenance Revenue they generate. Maintenance Revenue itself is defined as the total revenue and other compensation that the franchisee, any owner, or any affiliated business entity receives from repairs and maintenance services to real property or equipment. These services include, but are not limited to, painting, lawn care, preventative maintenance, cleaning, plumbing, and general repairs to real property or equipment.

In simpler terms, if an All County franchisee or their related business provides maintenance or repair services, a portion of the money earned from those services must be paid to All County as a 'Maintenance Revenue Fee'. The FDD excerpt defines what revenues are subject to this fee.

It is important for a prospective All County franchisee to understand how Maintenance Revenue and the associated fee are defined, as this impacts the overall profitability of the franchise. Franchisees should carefully consider the types of maintenance services they plan to offer and how the Maintenance Revenue Fee will affect their bottom line. Understanding these definitions is crucial for accurate financial planning and ensuring compliance with the franchise agreement.

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.