table_specific

What page in the All County Franchise Agreement discusses 'Royalty and Other Fees'?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 3.6. Professional Organization Fees. You acknowledge and agree that at all times during the Term of the Agreement, you must join and belong, in good standing, to such industry professional organizations that we designate, in our sole business judgment. You acknowledge and agree that you are responsible solely for paying any initial and ongoing professional organization fees ("Professional Organization Fees") that any such professional organization may charge in order to belong to such organization.
  • 3.7. Royalty Fees Due Dates. The Royalty Fees are due and payable monthly on the fifth (5 th) calendar day of the week immediately following the end of the prior calendar month.

4. PERFORMANCE REQUIREMENTS.

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

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, while the specific page number is not mentioned, several sections within Item 23 discuss fees and payments. Section 2 generally covers 'Fees and Payments,' while other sections detail specific fees such as Ad Fees, Professional Organization Fees, Reconciliation Assistance Program Fees, Software License Fees, and Transfer Fees. Royalty Fees are addressed in section 3.7, which specifies their due dates.

Prospective All County franchisees should carefully review these sections to understand the various fees they will be responsible for throughout the term of the franchise agreement. These fees contribute to the franchisor's revenue and cover various services and support provided to franchisees. Understanding the timing and amounts of these fees is crucial for financial planning.

It is important to note that some fees, such as the Reconciliation Assistance Program Fee and hourly fees, may increase during the term of the agreement, but not more than once in any 12 consecutive Accounting Periods, with 30 days prior written notice. Additionally, franchisees may be required to pay Professional Organization Fees for membership in industry organizations designated by All County. The transfer fee is $10,000, but is waived if the transfer is among owners or first or second degree relatives. A Transferee Administrative Fee of $2,500 is also required from the transferee. A Transfer Assistance Fee of $25,000 may be charged if All County assists in the transfer of the business.

Therefore, a prospective franchisee should pay close attention to the definitions of terms like 'Gross Revenue' and 'Maintenance Revenue' as these impact royalty calculations. They should also clarify with All County the criteria for mandatory participation in programs like the Reconciliation Assistance Program and the specific professional organizations they will be required to join, to fully understand the financial obligations associated with the franchise.

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.