table_specific

What was the cash balance at the end of 2024 for All Team?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

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Tampa, Florida March 24, 2025

ALL TEAM FRANCHISE CORPORATION BALANCE SHEETS

AS OF DECEMBER 31, 2024 AND 2023

| | 2024 | 2023 | |----------------------------

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the cash balance at the end of 2024 was $629,272. This figure represents the amount of cash All Team had on hand as of December 31, 2024. For comparison, the cash balance at the end of 2023 was $1,015,879.

This information is found within the Statements of Cash Flows, which are audited financial statements included in the FDD. These statements provide a summary of all cash inflows (cash coming into the company) and cash outflows (cash leaving the company) during the specified period. The cash balance is a key indicator of All Team's financial health and liquidity.

A prospective franchisee should consider the cash balance in relation to other financial metrics, such as revenues, expenses, and liabilities, to get a comprehensive understanding of All Team's financial stability. A declining cash balance, as seen from 2023 to 2024, may warrant further investigation to understand the reasons behind the decrease and its potential implications for the franchisor's ability to support its franchisees.

Disclaimer: This information is extracted from the 2025 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.