How long has the company outlet for All States M.E.D. been in operation?

According to All States M.E.D.'s 2024 Franchise Disclosure Document, the company outlet has been in operation since 2015. This is relevant to prospective franchisees because the financial performance representations provided in Item 19 are based on the performance of this company-owned outlet.

It is important to note that there are operational differences between the company outlet and a franchised outlet. The company outlet operates a nationwide website, and the financial data presented is specific to a territory size of approximately 1.5 million people around the store. All States M.E.D. states that a franchisee's territory would be similar, and franchisees would receive credit for internet sales originating from their territory.

Additionally, there are financial differences. A franchised outlet will incur royalties of 8% of Gross Revenues and local advertising expenses, which are the greater of 2% of Gross Revenues or $1,000 per month. The financial performance data presented for the company outlet is adjusted to reflect these expenses, providing a more realistic view of potential franchisee earnings. Prospective franchisees should carefully consider these factors and conduct their own independent investigation of potential costs and expenses.