What are the funding and processing fees based on for All Team?
All_Team Franchise · 2025 FDDAnswer 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 | $ 312,310 | $ 423,870 |
| Funding and processing fees - franchise | 430,716 | 606,672 |
| Total Operating Revenues | 743,026 | 1,030,542 |
| OPERATING EXPENSES | ||
| Advertising - franchise | 2,771 | 446 |
| Accounting services | 15,810 | 20,281 |
| Auto expense | 19,608 | 30,168 |
| Bank and |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the funding and processing fees are revenues collected by All Team from its franchise system. These fees are distinct from royalty and license fees. The FDD provides figures for these fees for the past three years.
In 2024, All Team collected $430,716 in funding and processing fees from franchisees. This is a decrease from 2023, when these fees totaled $606,672. In 2022, the funding and processing fees were $802,969.
Prospective franchisees should recognize that these fees contribute to All Team's operating revenues. Understanding the basis for these fees and how they are generated can be a valuable area of inquiry for potential franchisees when evaluating the financial performance and revenue streams of the All Team franchise system.