What is the estimated range for office rent for an All Team agency?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 may Include in Lease |
| Office Rent | $3,300 - $7,500 | Lump sum | At the time you sign the lease | Landlord |
| Note 1 | ||||
| Lease Deposit | $1,100 - $2,500 | Lump sum | At the time you sign the lease | Landlord |
| Note 1 |
Note 1 – Office Rent and Lease Deposit. You must lease or own space in an office building out of which you will operate your Agency. You will generally need between 1,000 and 1,200 square feet. Rent is estimated to be between $1,000 and $2,500.00 per month depending on factors such as size, condition and location of the leased premises. The amount in the chart represents 3 months' rent. You may have to make leasehold improvements to the property. The cost of the leasehold improvements may vary in different locations. In many situations, the landlord may pay for the improvements and may factor that cost into your rental payments, and therefore the low estimate for leasehold improvements would be $0. Usually, a landlord will require you to pay a security deposit of one month's rent. This amount may be refundable by the landlord based on the terms of the lease.
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 office rent ranges from $3,300 to $7,500. This figure represents three months' rent, payable as a lump sum at the time the lease is signed. The document also notes that monthly rent is estimated to be between $1,000 and $2,500, depending on factors such as the size, condition, and location of the premises, and that the franchisee will generally need between 1,000 and 1,200 square feet.
In addition to the rent, a prospective All Team franchisee should also budget for a lease deposit, estimated to be between $1,100 and $2,500, also payable at the time of signing the lease. The lease deposit may be refundable based on the terms of the lease agreement. Furthermore, the FDD indicates that leasehold improvements may be necessary, with costs ranging from $0 to $5,000, depending on the location and the landlord's willingness to cover these costs, potentially factoring them into the rental payments.
It is important for potential All Team franchisees to conduct their own independent investigation and analysis of potential expenses, as the figures provided are merely estimates. They should carefully consider the specific location they are targeting and the prevailing rental rates and conditions in that area. Consulting with a business advisor is recommended to review these figures and develop a realistic budget for the initial investment.