What is the 'Minimum Gross Revenue Requirement' for an All County franchise?

According to All County's 2025 Franchise Disclosure Document, franchisees must meet minimum gross revenue requirements to maintain their franchise agreement. There is no minimum gross revenue requirement for the initial 365-day period after the franchise agreement's effective date.

For the subsequent 365-day period, the minimum total gross revenue requirement is $150,000. For each consecutive 365-day period thereafter, throughout the remaining term of the franchise agreement, the minimum total gross revenue requirement increases to $250,000.

Failure to meet these minimums can result in penalties. The first time a franchisee fails to meet the requirement, they have the option to 'cure' the failure by paying the royalty fee, advertising fund contribution, and local advertising expenditure that would have been due on the difference between their actual gross revenue and the required minimum. However, a second failure to meet the minimum gross revenue requirements results in a default under the Franchise Agreement, potentially leading to termination of the agreement by All County. Alternatively, All County may choose to render all or part of the franchisee's territory as non-exclusive.