Does the 'Gross Revenue' definition for All County include revenue from check transactions?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Gross Revenue" means the total revenue and other consideration from the Franchised Business, and whether from cash, check, or credit transactions, and including e-commerce transactions, but excluding Maintenance Revenue, excluding all federal, state or municipal sales, use or service taxes collected from customers and paid to the appropriate taxing authority, and excluding customer refunds, adjustments, credits and allowances actually made by the Franchised Business in compliance with our Methods of Operation.
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the definition of Gross Revenue includes revenue from check transactions. Gross Revenue is defined as the total revenue and other consideration from the Franchised Business, whether from cash, check, or credit transactions, and including e-commerce transactions. However, Maintenance Revenue, sales taxes collected and paid to the appropriate authority, and customer refunds, adjustments, credits, and allowances made in compliance with All County's Methods of Operation are excluded from Gross Revenue.
For a prospective All County franchisee, this means that all revenue received from property management services, regardless of whether it is in the form of cash, check, credit, or e-commerce, will be factored into the Gross Revenue calculation. This is a key figure, as it is used to calculate royalty fees and advertising fees payable to the franchisor.
It is important for franchisees to understand exactly what constitutes Gross Revenue, as this figure directly impacts their financial obligations to All County. Franchisees should also take note of the exclusions from Gross Revenue, such as Maintenance Revenue, sales taxes, and customer refunds, to ensure accurate reporting and fee calculation.