Is it mandatory to sign the All Team franchise receipt after reviewing the FDD?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
Please sign this copy of the receipt, date your signature, and return it to All Team Franchise Corporation, 500 North West Shore Boulevard, Suite 300, Tampa, FL 33609, 813-440-4012.
RECEIPT
This disclosure document summarizes provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If All Team Franchise Corporations offers you a franchise, we must provide this disclosure document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. Under Iowa law, if applicable, we must provide this disclosure document to you at your 1st personal meeting to discuss the franchise or 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. Under Michigan law, if applicable, we must provide this disclosure document to you at least 10 business days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. Under New York, or Rhode Island law, if applicable, we must provide this disclosure document to you at the earliest of your 1st personal meeting to discuss the franchise or 10 business days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
If All Team Franchise Corporation does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified in Exhibit I.
The name, principal business address and telephone number of each franchise seller offering the franchise: Brian Hindman, All Team Franchise Corporation 500 North West Shore Boulevard, Suite 300, Tampa, FL 33609, 813-440-4012.
Date of Issuance: April 30, 2025
See Exhibit I for our registered agents authorized to receive service of process. I have received a disclosure document dated April 30, 2025, that included the following Exhibits:
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, signing the franchise receipt is required. The FDD states that franchisees should sign, date, and return the receipt to All Team Franchise Corporation at their Tampa, FL address. This receipt confirms that the franchisee received the FDD, which summarizes the franchise agreement's provisions and other important information.
The FDD emphasizes the importance of carefully reading the disclosure document and all related agreements. It also outlines the legal requirements for providing the FDD to prospective franchisees, including specific timelines under Iowa, Michigan, New York, and Rhode Island law. These laws mandate that All Team provide the FDD a certain number of days before any binding agreement is signed or payment is made.
The FDD also includes warnings and legal information. It notes that failure to deliver the disclosure document on time, or if it contains false or misleading statements, or a material omission, may constitute a violation of federal and state law. Such violations should be reported to the Federal Trade Commission and the appropriate state agency. This underscores the importance of the receipt as a record of compliance with disclosure requirements.