factual

When are the Reconciliation Assistance Program Fees payable from the All County franchisee to All County?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee acknowledges and agrees that it shall pay all applicable Reconciliation Assistance Program Fees during any period during the Term of the Agreement in which Franchisee participates in the Program. Any Reconciliation Assistance Program Fees payable from Franchisee to All County during the Term of the Agreement shall payable following a specified Accounting Period and shall be due at the same time and in the same manner as the Royalty. Franchisee hereby acknowledges and agrees that All County may terminate the Reconciliation Assistance Program at any time, for any reason, in its sole business judgment, upon 30 days prior written notice from All County to Franchisee.

Source: Item 22 — Contracts (FDD page 43)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, franchisees participating in the Reconciliation Assistance Program must pay applicable fees during their participation. These Reconciliation Assistance Program Fees are payable following a specified Accounting Period and are due at the same time and in the same manner as the Royalty fees.

This means that All County franchisees will be billed for the Reconciliation Assistance Program fees according to a defined accounting schedule, and these payments will be due concurrently with their royalty payments. It is important for prospective franchisees to understand the specific accounting period and payment schedule to manage their finances effectively.

All County also retains the right to terminate the Reconciliation Assistance Program at any time, for any reason, by providing 30 days' prior written notice to the franchisee. This clause gives All County flexibility in managing the program but also introduces a degree of uncertainty for franchisees who rely on the program. Franchisees should consider this potential for termination when evaluating the benefits of the program and its associated fees.

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.