factual

On what are the funding and processing fees based for All Team?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

13,036 | $ 3,492,701 |

ALL TEAM FRANCHISE CORPORATION STATEMENTS OF OPERATIONS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

2024 2023
OPERATING REVENUES
Royalty and license fees - franchise $ 31

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

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the document provides financial statements that include 'Funding and processing fees - franchise' as a revenue line item. However, the FDD does not specify what these funding and processing fees are based on.

While the financial statements show the amounts All Team collected in funding and processing fees for 2023 ($606,672) and 2024 ($430,716), they do not explain the underlying activities or calculations that generate these fees. A prospective franchisee would need to understand what triggers these fees and how they are calculated to forecast their own potential costs and revenues accurately.

To gain a clear understanding of these fees, a potential All Team franchisee should ask the franchisor for a detailed breakdown. Specifically, they should inquire about what services or activities the funding and processing fees cover, how the fees are calculated (e.g., are they a percentage of a loan amount, a flat fee per transaction, or based on some other metric), and when these fees are charged. Understanding the basis of these fees is crucial for assessing the overall financial viability of the franchise.

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.