Does All Team Franchise Corporation have any predecessors?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
We were a Missouri corporation incorporated in June 1996 under the name "Food Service Franchise Corporation". On October 12, 2010, we changed our name to All Team Franchise Corporation. In July 2013, we became a Florida corporation. We do business under our corporate name. We have our principal office at 500 N. West Shore Boulevard, Suite 300, Tampa, FL 33609. We do not have any predecessors or parents. We do not operate the type of business being offered under this disclosure document, but our affiliates do.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–9)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, All Team Franchise Corporation does not have any predecessors. The document specifies that All Team was originally incorporated in Missouri in June 1996 as "Food Service Franchise Corporation." The company later changed its name to All Team Franchise Corporation on October 12, 2010, and became a Florida corporation in July 2013. The FDD confirms that All Team operates under its corporate name and does not have any parent companies either.
For a prospective franchisee, this means that All Team is the original entity and has not been formed from or acquired by another company. This can provide a sense of stability, as the company's history is directly tied to its current operations and management. However, it's important to note that while All Team itself does not operate the type of business being offered under the disclosure document, its affiliates do.
Franchisees should be aware that while All Team does not have predecessors or parents, it did operate under a different name, "Food Service Franchise Corporation", before changing its name. This information could be relevant when researching the company's history and reputation. Additionally, franchisees should investigate the nature of the businesses operated by All Team's affiliates to fully understand the scope and potential synergies within the All Team network.