When are leasehold improvement payments for an All Team agency due?
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 - $5,000 | Lump sum | Upo |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, leasehold improvement payments, which can range from $0 to $5,000, are due upon completion of the work. These payments are typically made in a lump sum. However, the FDD notes that in some cases, the landlord may cover the costs of these improvements and factor them into the monthly rental payments.
This means that a new All Team franchisee may or may not have to pay separately for leasehold improvements. The need for and cost of these improvements will depend on the condition of the leased premises. If the landlord agrees to pay for the improvements, the franchisee may avoid this upfront cost, but their monthly rent could be higher.
Prospective All Team franchisees should carefully evaluate potential locations and negotiate lease terms with landlords to understand whether they will be responsible for leasehold improvements. It would be prudent to discuss typical leasehold improvement costs and landlord practices in their area with existing All Team franchisees during their due diligence.