Does All County expect franchisees to understand the risks of operating a franchised business?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | Yes. No. | | 7. | Have you discussed the benefits and risks of operating a Franchised Business with an attorney, | | | accountant or other professional advisor and do you understand those risks? | | | | | | Yes. No. | | 8. | Do you understand that the success or failure of your business will depend in large part upon your | | | skills and abilities, competition from other Businesses, interest rates, inflation, labor and supply | | | costs, lease terms and other economic and business factors? | | | | | | Yes. No. | | 9.
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, All County requires prospective franchisees to acknowledge that they have considered the potential risks and rewards of investing in an All County franchise. Specifically, All County requires franchisees to confirm that they have discussed these factors with a professional advisor.
All County also requires franchisees to acknowledge that various factors, many of which are outside of All County's control, can impact the success of the franchise. These factors include the franchisee's own skills, local competition, prevailing interest rates, inflation, labor and supply costs, and lease terms.
To ensure that franchisees are making informed decisions, All County also asks franchisees to confirm that they have received the FDD at least 14 days prior to signing any agreements or making payments. Furthermore, the questionnaire includes items to confirm that no All County representative has made claims about potential revenues, profits, or costs that contradict the information in the FDD. By including these questions, All County emphasizes the importance of the FDD as the primary source of information for prospective franchisees.