factual

What is the definition of 'Maintenance Revenue' for the purpose of calculating the Maintenance Revenue Fee for an All County franchise?

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, Maintenance Revenue is defined as the total revenue and other consideration received by the franchisee, any owner, or any affiliated business entity from repairs and maintenance services to real property or equipment. This includes, but is not limited to, services such as painting, lawn care, preventative maintenance, cleaning, plumbing, and general repairs to real property or equipment.

For a prospective All County franchisee, this definition is important because it determines the base upon which the Maintenance Revenue Fee is calculated. The franchisee must pay a percentage fee to All County each month for any Maintenance Revenue they derive. Understanding what constitutes Maintenance Revenue is crucial for accurate financial reporting and fee calculation.

It is important to note that the definition includes revenue derived by the franchisee, any owner, or any affiliated business entity. This means that if any of these parties are involved in providing maintenance services, the revenue generated must be included in the calculation of the Maintenance Revenue Fee. Franchisees should carefully track all revenue streams related to maintenance services to ensure 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.