What was the balance at December 31, 2022 for All Team?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance at December 31, 2022 | 1,000 | 119,000 | 527,362 | 647,362 |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the balance at December 31, 2022, was $647,362. This figure represents the company's financial position at the close of the 2022 fiscal year. It's a key indicator of the company's financial health and stability at that point in time. This balance reflects the cumulative effect of All Team's operations, including net income and any distributions to stockholders, up to that date.
Specifically, the balance is composed of several components: $1,000, $119,000, and $527,362. Understanding the components of this balance is crucial for prospective franchisees. It provides insight into how the company has managed its equity and how profits have been allocated.
Reviewing the changes in stockholder's equity from year to year, including net income and stockholder distributions, provides a more complete picture of All Team's financial management practices. This information, combined with other financial statements, helps potential franchisees assess the financial risks and opportunities associated with investing in an All Team franchise.