Can All County exclude equipment from the purchase if it doesn't meet All County's standards?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
- 23.6.4. Exclusions. We may exclude cash or its equivalent and any equipment, signs, inventory, materials and supplies that are not reasonably necessary (in function or quality) to the Business' operation or that we have not approved as meeting standards for ALL COUNTY® businesses from the assets purchased, and the purchase price will reflect these exclusions.
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, when All County exercises its option to purchase the business from a franchisee upon termination or expiration of the franchise agreement, All County has the right to exclude certain assets from the purchase. Specifically, All County may exclude any equipment that is not reasonably necessary in function or quality to the business's operation. Additionally, All County can exclude any equipment that it has not approved as meeting the standards for All County businesses. The purchase price will then reflect these exclusions.
This provision protects All County by ensuring that it does not have to buy substandard or unapproved equipment when it purchases a franchise location. It also ensures that the equipment used in All County businesses meets a consistent standard, maintaining the brand's quality and reputation.
For a prospective franchisee, this means that if you decide to sell your All County franchise back to the company, All County is not obligated to purchase any equipment that doesn't meet their standards or that they haven't previously approved. This could impact the overall purchase price you receive for your business, so it is important to maintain equipment in good condition and ensure it meets All County's specifications throughout the term of the franchise agreement.