What was the amount of miscellaneous income (expense) for All Team in 2022?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | |
|---|---|---|
| OTHER INCOME (EXPENSES) | ||
| Miscellaneous income (expense) | 462,574 | 293,938 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the miscellaneous income (expense) for the company in 2022 was $293,938. This figure is part of the "OTHER INCOME (EXPENSES)" section of All Team's financial statements. It is important to note that this is income, as opposed to an expense, due to the lack of a negative sign in front of the amount.
For a prospective franchisee, understanding the sources of income beyond standard operating revenues is crucial. Miscellaneous income can fluctuate and may not be a reliable source of revenue in the long term. Franchisees should inquire about what constitutes this miscellaneous income and whether it is sustainable.
It's also important to consider that while this income boosts All Team's overall financial performance, it may not directly translate to benefits for individual franchisees. Franchisees should focus on the revenue and expense figures that directly relate to their own operations when evaluating the potential profitability of an All Team franchise.