factual

How far in advance must an All County franchisee notify All County of a change in the identity of the Managing Owner?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

You will notify us thirty (30) days in advance of any change in the identity of the Managing Owner.

Where such change results from the death or incapacity of the Managing Owner, you shall immediately notify us of such death or incapacity, and you will appoint a new Managing Owner within sixty (60) days after such death or incapacity.

We reserve the right to review and disapprove of any newly appointed Managing Owner within ten (10) days of notice.

We reserve the right to review and approve the authority of the Managing Owner with respect to your Articles of Organization, LLC Operating Agreement, Partnership Agreement, Shareholders Agreement, or similar documents.

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

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, a franchisee must notify All County 30 days in advance of any change in the identity of the Managing Owner. The Managing Owner is the individual with the authority to legally bind the franchisee in dealings with All County and to ensure compliance with the franchise agreement.

However, there are exceptions to this 30-day notice. If the change in Managing Owner results from death or incapacity, the franchisee must immediately notify All County of the death or incapacity. Following this immediate notification, the franchisee has 60 days to appoint a new Managing Owner.

All County retains the right to review and disapprove any newly appointed Managing Owner within 10 days of receiving notice of the appointment. They also reserve the right to review and approve the authority of the Managing Owner as it relates to the franchisee's organizational documents, such as Articles of Organization or Operating Agreements. This ensures that the designated Managing Owner has the appropriate authority and control over the All County business.

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.