factual

Is the transfer of an interest in the All County franchise in the event of death considered an assignment?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 20.3.5. transfer of an interest in you, this Agreement or the Business, in the event of your death or the death of one of your owners, by will, declaration of or transfer in trust or under the laws of intestate succession;

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

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, the transfer of an interest in the franchise in the event of death is considered an assignment. Specifically, the FDD states that an assignment, transfer, sale, gift, or other disposition includes the transfer of an interest in the franchisee, the Franchise Agreement, or the business in the event of the death of one of the owners. This transfer can occur through a will, declaration of trust, or under the laws of intestate succession.

This means that if a franchisee or one of the owners of the franchise dies, the transfer of their interest in the All County business to an heir or beneficiary is treated as an assignment under the franchise agreement. As such, it is subject to the standard transfer and assignment provisions outlined in the agreement.

All County requires prior written approval for any assignment or transfer of interest. The prospective transferee must agree to sign the then-current franchise agreement and meet All County's qualifying conditions and requirements. While All County will not unreasonably withhold approval, these conditions ensure that any new owner is qualified and committed to operating the franchise according to All County's standards. This process helps protect the brand and the interests of other franchisees within the All County system.

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.