What is the deadline for the All Team USER to send documentation to ATFC following the previous week?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
As ATFC receives payment in full from the Customer on each Account Receivable, the Deferred Share will be remitted to USER no later than Friday of the following week after ATFC receives said payment.
- E. Right of Setoff. If any Account Receivable or any other financial obligation of USER to ATFC becomes past due for more than 90 days, ATFC may set off the amount of the past due amount from any amounts owed to USER hereunder.
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the Deferred Share, which represents the difference between the Account Receivable and the Purchase Price percentage, will be remitted to the USER no later than Friday of the following week after ATFC receives full payment from the customer on each Account Receivable. For instance, if the Purchase Price percentage is 80% of the Customer Invoice, the Deferred Share is 20%.
This means that All Team franchisees can expect to receive the remaining portion of their earnings (the Deferred Share) the week after their customers' invoices are fully paid. This arrangement ensures a consistent and relatively prompt payment schedule, which can aid in managing the franchisee's cash flow.
It's important for prospective franchisees to understand this payment structure, as it directly impacts their financial planning and operational budgeting. Knowing that the Deferred Share is paid out on a weekly basis following customer payments allows franchisees to forecast their income and manage expenses effectively. Franchisees should confirm with All Team whether there are any exceptions to this payment schedule or any specific conditions that might delay the remittance of the Deferred Share.