For All County, what information is required regarding the Managing Owner?
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 franchisor requires specific information about the Managing Owner of the franchise. This includes the Managing Owner's name, home address, phone numbers, and social security number. This information is likely collected to identify and contact the individual primarily responsible for the franchise's operations and to conduct necessary background checks.
All County also requires information regarding the form of ownership, such as whether the business entity is a corporation or partnership. If applicable, the date of formation of the entity (e.g., date of incorporation) and the Federal Identification Number of the entity must be provided. Additionally, a list of directors and officers, including their positions, is required as of the effective date.
Furthermore, All County requires details about all owners, including their full names, mailing addresses, and a description of their ownership interest, which must total 100%. This comprehensive collection of information ensures that All County has a clear understanding of the franchise's ownership structure and management.