How does the exclusion of assets affect the purchase price of my All County business by All County?
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 your franchise business, the purchase price will be affected by any assets excluded from the sale. All County has the right to exclude certain assets, specifically cash or its equivalent, and any equipment, signs, inventory, materials, and supplies that are not reasonably necessary for the business's operation or that do not meet All County's standards.
The purchase price will be adjusted to reflect these exclusions, meaning you will not be compensated for these items if All County chooses not to purchase them. This valuation approach ensures that All County only pays for assets that it deems necessary and up to its standards for the continued operation of the All County business.
For a prospective franchisee, this means that the final purchase price offered by All County could be lower if certain assets are deemed unnecessary or substandard. It is important to maintain assets in good condition and ensure they meet All County's standards to maximize the potential purchase price in the event All County exercises its purchase option upon termination or expiration of the franchise agreement.