What is the initial term length of the Funding Agreement for All Team franchises?

According to All Team's 2025 Franchise Disclosure Document, the Funding Agreement has an initial term of three years. The agreement commences upon execution and automatically renews for successive one-year periods unless All Team provides written notice of termination. This notice must be given at least 60 days, but no more than 120 days, before the end of the current term.

This means that an All Team franchisee can expect the Funding Agreement to last for at least three years, provided neither party terminates it early. The automatic renewal clause places the onus on All Team to actively terminate the agreement if they do not wish to continue it. The franchisee should be aware of the notification window (60-120 days) if they anticipate wanting to renegotiate terms or potentially end the agreement after the initial three-year period.

All Team also retains the right to terminate the Funding Agreement immediately upon the expiration or termination of the Franchise Agreement or the Centennial Agreement. Additionally, All Team has the right to increase any and all fees under this Agreement for any renewal period. This clause gives All Team significant flexibility in adjusting the financial terms upon renewal, which could impact the franchisee's profitability.

Prospective franchisees should carefully consider these terms and conditions, particularly the termination clauses and the potential for fee increases upon renewal, as these factors could significantly affect their business relationship with All Team and their financial obligations.