What is the estimated range for leasehold improvements for an All Team agency?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
INITIAL INVESTMENT
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| Franchise Fee | $42,500 | Lump sum | At time of signing Franchise Agreement | Us |
| Leasehold improvements (if needed) Note 1 | $0 - $5,000 | Lump sum | Upon completion of the work | Landlord ma |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the estimated initial investment for leasehold improvements ranges from $0 to $5,000. This cost is paid as a lump sum upon completion of the work. The FDD notes that in some cases, the landlord may cover the costs of these improvements, factoring them into the lease payments, which would result in a lower initial cost for the franchisee.
The need for leasehold improvements will depend on the condition of the office space a franchisee leases. The FDD specifies that All Team agencies generally require between 1,000 and 1,200 square feet of space. The document also indicates that the cost of these improvements can vary by location.
Prospective All Team franchisees should carefully evaluate potential office locations and negotiate lease terms with landlords to minimize out-of-pocket expenses for leasehold improvements. It may be possible to find a space that requires minimal alterations or to negotiate with the landlord to cover some or all of the improvement costs. Understanding these potential costs upfront is crucial for accurate financial planning.