table_specific

What was the loss from operations for All Team in 2023?

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 $ 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 credit card fees 363 668
Charitable contributions 769 1,122
Computer/ IT 85,059 63,258
Dues and subscriptions 6,455 7,317
Professional services 163,699 189,877
Insurance 29,741 28,025
Funding fees 75,430 98,019
Wages, salaries and payroll benefits 743,717 813,640
Rent 72,893 66,751
Office supplies and expense 8,469 15,351
Postage and delivery 1,812 713
Equipment lease 17,074 15,708
Telephone and utilities 11,691 12,609
Licenses, permits and taxes 1,405 2

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

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, in 2023, the company had total operating revenues of $1,030,542 and total operating expenses of $1,388,453. This means that All Team's operating expenses exceeded its operating revenues, resulting in a loss from operations. The provided financial statement does not explicitly state the loss from operations. A prospective franchisee should request this information from All Team to fully understand the company's financial performance.

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.
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