factual

Is a merger or consolidation considered a transfer of the All County franchise?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 20.3.2. merger or consolidation or issuance of additional securities or interests representing an ownership interest in you;

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

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, a merger or consolidation is considered a transfer of the franchise. Specifically, the document states that a transfer includes the merger or consolidation or issuance of additional securities or interests representing an ownership interest in you.

This means that if an All County franchisee undergoes a merger or consolidation, it is treated as a transfer of ownership. As such, the franchisee must obtain prior written approval from All County. This approval is conditional on the prospective transferee agreeing to sign All County's current franchise agreement and meeting the company's qualifying conditions and requirements. All County states that it will not unreasonably withhold approval of a prospective franchisee.

This requirement ensures that All County maintains control over who operates its franchises and that any new entity or owner meets its standards. It also allows All County to update the franchise agreement to its then-current version, which may include different royalties, advertising contributions, duration, and other rights and obligations.

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.