What initial association fees are included in the estimated initial investment for an All County franchise?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
he necessary forms, setting up an accounting system, etc.
- 9 Your franchise must be under the direct control of a Managing Owner. This is an estimate of any required state licensing fees for the franchisee entity and the Managing Owner and designated broker of record. Also, this estimate includes initial fees to join the National Association of Residential Property Managers (www.narpm.org) and the National Association of Realtors (www.realtor.com), which organizations you must join.
- 10 The low estimate is for 1 month's lease deposit for a lower cost location and the high estimate is for 2 months' lease deposit for a more expensive location.
- 11 This estimate includes any required deposits for utilities and leased equipment, including a copier and the telephone system.
- 12 You must attend 3 days of training at our main office in St. Petersburg, Florida. This is our estimate of your potential travel and living expenses to attend the training course.
- 13Additional funds are an estimate of the amount of cash required to cover any operating expenses during your first 3 months of operation.
Source: Item 7 — Estimated Initial Investment (FDD pages 12–16)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the estimated initial investment includes fees for joining professional organizations. The estimated range of these required fees is $300 to $1,000 annually, and payment is made to the respective professional organizations.
The FDD specifies that franchisees must join the National Association of Residential Property Managers (NARPM) and the National Association of Realtors. The initial fees for these memberships are included within the $1,500 to $2,000 range estimated for licenses and bonds. This means a prospective All County franchisee should budget for these association membership costs as part of their initial setup expenses.
It is important to note that the exact amount of these fees can vary. The FDD also mentions additional required training fees, which typically cost $300 per day if All County elects to charge for training. The estimated range for additional training fees is $300 to $2,000 annually, paid to All County as agreed upon. Franchisees should clarify with All County the specific professional organizations they must join and the associated costs to accurately estimate their initial investment.