For the All County franchise agreement, what information about the Managing Owner is required?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | the Managing Owner is: | MANAGING OWNER. The name, home address, phone numbers and social security number of | |
|---|---|---|---|
| 2. | FORM OF OWNER. | ||
| 2.1. | Business Entity. What is the form of your business entity, e.g. corporation, partnership? | ||
| Date of Formation of Entity (Date of Incorporation, if applicable): | |||
| Federal Identification Number of Entity: | |||
| Appendix A shown above: | The following is a list of your directors, if applicable, and officers as of the effective date of | ||
| Name of Each Director/Officer/Partner | Position(s) Held | ||
| 3. | owner's interest. | OWNERS. The following list includes the full name and mailing address of each person who is | |
| one of your owners (as defined in the Franchise Agreement) and fully describe the nature of each | |||
| Owner's Name and Address | Description of Interest | ||
| (Must total 100%) | |||
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the franchise agreement requires specific information about the Managing Owner. This includes their name, home address, phone numbers, and social security number.
Additionally, if the owner is a business entity, the form of the business entity (e.g., corporation, partnership), the date of formation of the entity, and the Federal Identification Number of the entity must be provided. If applicable, a list of directors and officers as of the effective date must be included, along with their positions.
The franchise agreement also requires a list that includes the full name and mailing address of each person who is one of the owners, along with a full description of the nature of each owner's interest, totaling 100%.