What is the payment method for the All County licenses/bonds investment?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| INVESTMENT | AMOUNT | PAYMENT | WHEN DUE | TO WHOM PAID |
|---|---|---|---|---|
| Licenses/Bonds9 | $1,500 - $2,000 | Lump sum on application | Prior to commencing operations | Government agencies and bonding companies. |
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 payment method for licenses and bonds is a lump sum paid upon application. The estimated cost for licenses and bonds ranges from $1,500 to $2,000, and payment is due prior to commencing operations. These fees are paid to government agencies and bonding companies.
This investment covers required state licensing fees for the franchisee entity, the Managing Owner, and the designated broker of record. It also includes initial fees for joining the National Association of Residential Property Managers and the National Association of Realtors, both of which All County requires franchisees to join.
Prospective franchisees should budget accordingly to ensure they have the necessary funds available before starting operations. It is important to note that these fees are in addition to other initial investments, such as the franchise fee, lease deposits, and marketing expenses. Understanding the payment terms and due dates for each investment category is crucial for effective financial planning.