For All County, were any statements made that contradict the information in the Disclosure Document?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| 6. | Did you receive a copy of the Disclosure Document at least fourteen (14) days prior to signing any agreement with us or paying us any money? |
|---|---|
| | |
| Yes. No. | |
| 7. | Have you discussed the benefits and risks of operating a Franchised Business with an attorney, |
| accountant or other professional advisor and do you understand those risks? | |
| | |
| Yes. No. | |
| 8. | Do you understand that the success or failure of your business will depend in large part upon your |
| skills and abilities, competition from other Businesses, interest rates, inflation, labor and supply | |
| costs, lease terms and other economic and business factors? | |
| | |
| Yes. No. | |
| 9. | Has any employee or other person speaking on our behalf made any statement or promise |
| concerning the revenues, profits or operating costs of a Franchised Business operated by us or our | |
| franchisees? | |
| | |
| Yes. No. | |
| 10. | Has any employee or other person speaking on our behalf made any statement or promise |
| concerning the Franchised Business that is contrary to, or different from, the information contained | |
| in the Disclosure Document? | |
| | |
| Yes. No. | |
| 11. | Has any employee or other person speaking on our behalf made any statement or promise regarding |
| the amount of money you may earn in operating a Franchised Business? | |
| | |
| Yes. No. | |
| 12. | Has any employee or other person speaking on our behalf made any statement or promise |
| concerning the total amount of revenue a Franchised Business will generate? | |
| | |
| Yes. No. | |
| 13. | Has any employee or other person speaking on our behalf made any statement or promise regarding |
| the costs you may incur in operating a Franchised Business that is contrary to, or different from, | |
| the information contained in the Disclosure Document? | |
| | |
| Yes. No. | |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, prospective franchisees are asked to confirm whether any statements made on behalf of All County contradict the information within the disclosure document. Specifically, the receipt included as Exhibit I to the FDD contains a questionnaire for the franchisee to complete. Question 10 directly asks if any employee or person speaking for All County has made any statement about the franchised business that is contrary to, or different from, the information contained in the Disclosure Document. The franchisee must answer "Yes" or "No" to this question.
This acknowledgement serves as a check to ensure that the franchisee is aware of the information provided in the FDD and that no conflicting information has been presented during the sales process. It also protects All County by documenting the franchisee's understanding that the FDD is the primary source of information about the franchise opportunity. This is a common practice in franchising, as franchisors want to ensure that franchisees are making informed decisions based on the official disclosure document and not on potentially misleading or inaccurate statements made by sales representatives.
Furthermore, similar questions (11, 12 and 13) ask about statements or promises regarding revenues, profits, operating costs, and total revenue that may have been made by All County representatives. These questions aim to identify any discrepancies between what was verbally communicated and what is formally disclosed in the FDD, particularly concerning financial performance. By including these questions, All County emphasizes the importance of relying on the FDD for financial information and acknowledges the risks associated with relying on verbal promises or projections.
It is important for a prospective All County franchisee to carefully consider these questions and answer them truthfully. If there are any discrepancies or conflicting statements, it is crucial to address them with All County before signing the franchise agreement. This due diligence can help avoid misunderstandings and ensure that the franchisee has a clear understanding of the franchise opportunity and its potential risks and rewards.