factual

When is the All States M.E.D. 'Management Fee' due?

All_States_M_E_D Franchise · 2024 FDD

Answer from 2024 FDD Document

Type of Fee Amount Due Date Remarks
Management Fee $250 per person per day (plus other costs and expenses) As incurred Due when we (or a third party) manage your outlet after your managing owner’s death or disability, or after your default or abandonment. FA 16.5, 18.6.

Source: Item 6 — OTHER FEES (FDD pages 12–16)

What This Means (2024 FDD)

According to All States M.E.D.'s 2024 Franchise Disclosure Document, the Management Fee is due 'as incurred.' This fee, set at $250 per person per day, plus other costs and expenses, is charged when All States M.E.D. (or a third party) manages the franchise outlet.

This situation arises specifically after the managing owner's death or disability, or following a default or abandonment of the franchise. The 'as incurred' due date means that All States M.E.D. will bill the franchisee (or their estate) for the management services as they are provided.

For a prospective All States M.E.D. franchisee, this means that the management fee is not a standard, ongoing fee. It is only triggered by specific, adverse circumstances that prevent the owner from managing the business. It is important to note that the $250 per person per day fee is in addition to other costs and expenses All States M.E.D. incurs while managing the outlet, so the total cost could be substantially higher.

Disclaimer: This information is extracted from the 2024 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.