factual

What happens if an All County franchisee transfers accounts to us or our designees?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 20.3.7. transferring any of the accounts or clients of the Business to anyone except to another ALL COUNTY® business that has been approved in writing by us or to us or our designees.

  • 23.2.6. you agree to provide us with current copies of all your customer lists and transfer ownership of all existing clients and accounts to us or our designee; and

  • 16.1.2. Performance. You will not perform services as a director, officer, manager, employee, consultant, representative, agent or otherwise for a Competitive Business, wherever located. You are prohibited from selling or transferring any of the accounts or clients of the Business to anyone except to us or to one of our designees or to another ALL COUNTY® business that has been approved in writing by us.

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

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, franchisees are prohibited from transferring accounts or clients of their All County business to anyone except another All County business approved in writing by All County, or directly to All County or its designees. This restriction is part of the broader agreement that franchisees must deal exclusively with All County and not engage in any competitive businesses during the term of the franchise agreement. A "Competitive Business" is defined as any business offering real estate property management services similar to those offered by All County.

This requirement ensures that All County maintains control over its client base and prevents franchisees from diverting business to competitors. If a franchisee were to violate this provision, it would constitute a breach of the franchise agreement, potentially leading to termination of the agreement. This policy protects All County's business model and the integrity of its franchise network.

For a prospective franchisee, this means that you cannot sell or transfer your All County accounts to any third party without All County's explicit approval, and even then, only to another approved All County franchisee or back to All County itself. This restriction remains in effect during the term of the agreement. Upon termination or expiration of the franchise agreement, franchisees must also transfer ownership of all existing clients and accounts to All County or its designee.

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.