How long does All County have to prepare for closing after giving notice of its election to purchase?

According to All County's 2025 Franchise Disclosure Document, All County is allowed at least 60 days to prepare for closing after giving notice of its election to purchase the franchisee's interest. This timeframe applies when All County exercises its right of first refusal to purchase the franchise from the franchisee.

This clause provides All County with a reasonable period to organize the financial and logistical aspects of acquiring the franchise. For a franchisee, this means that the sale will not be immediate, and they should expect the closing to occur at least 60 days after All County notifies them of their intent to purchase.

It is important to note that this 60-day period is a minimum. The FDD does not specify a maximum time frame for closing under the right of first refusal. Franchisees should be prepared for the possibility that the closing process could extend beyond 60 days due to unforeseen circumstances or complexities in the transfer process. Franchisees should maintain open communication with All County during this period to stay informed about the progress of the closing and address any potential issues that may arise.

This condition is in place to ensure a smooth and orderly transfer of ownership, protecting the interests of both All County and the franchisee during the transition. Franchisees should carefully review this section of the Franchise Agreement and consult with legal counsel to fully understand their rights and obligations in the event that All County exercises its right of first refusal.