When is the lease deposit due for an All Team agency?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
INITIAL INVESTMENT
| 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 |
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 lease deposit is due at the time you sign the lease. The estimated cost for this deposit ranges from $1,100 to $2,500, paid as a lump sum to the landlord. This deposit is part of the initial investment required to start an All Team agency. Note 1 in Item 7 of the FDD also mentions that the lease deposit may be refundable based on the terms of the lease agreement with the landlord.
Prospective All Team franchisees should carefully review the lease terms to understand the conditions for refunding the deposit. It is also important to budget for the higher end of the estimated range to avoid financial strain during the initial setup phase. Understanding the lease agreement and deposit terms is a critical step in establishing the agency's physical location and managing initial costs.
Typical franchise agreements often require similar lease deposits, but the specific amount and terms can vary significantly based on location, property conditions, and landlord requirements. Therefore, franchisees should compare the All Team requirements with local market conditions and seek professional advice to ensure they are getting favorable lease terms.