In valuing the All County business, is the value of the franchise itself included?

According to All County's 2025 Franchise Disclosure Document, the value of the franchise itself, the Marks, and participation in the All County network are specifically excluded when All County exercises its option to purchase the business from a franchisee. This valuation approach focuses on the tangible assets and operational aspects of the business as an independent entity.

Specifically, the purchase price for the All County business will be based on its fair market value, determined by considering reasonable depreciation of the business's equipment, signs, inventory, materials, and supplies. The valuation will also take into account the length of the remaining term of the lease for the business location. However, the valuation explicitly excludes any value associated with the All County franchise, the brand's trademarks (Marks), or the benefits derived from being part of the All County network.

This exclusion means that a franchisee will not be compensated for the brand recognition, goodwill, or established customer base associated with the All County franchise system if All County decides to purchase the business upon termination or expiration of the franchise agreement. The valuation is limited to the physical assets and operational infrastructure of the business, treating it as an independent entity rather than as a component of the All County franchise network. This is a critical point for prospective franchisees to understand, as it affects the potential return on investment if All County exercises its purchase option.