How many All Team outlets were closed in the total system during 2023?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
ne office.
Table 4 Status of Company-Owned Outlets For years 2022 to 2024
| State | Year | Outlets at Start of The Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| CA | 2023 | 1 | 0 | 0 | 1 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| CO | 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| IL | 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 |
** In 2020, the franchisee opened a satellite office which is detailed in Exhibit E.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 30–33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, there were a total of 2 outlets closed in 2023. Specifically, one franchised outlet and one company-owned outlet were closed. This resulted in a net decrease of one franchised outlet (from 11 to 10) and one company-owned outlet (from 7 to 6) during that year.
Breaking down the closures by state, one franchised All Team outlet in California closed in 2023. Additionally, one All Team outlet in Michigan ceased operations for other reasons during 2023.
Prospective franchisees should note that while the overall number of All Team locations decreased in 2023, this does not necessarily indicate a negative trend. It is important to investigate the reasons for these closures and understand the specific circumstances of each case. Further research into the performance of existing All Team locations and the support provided by the franchisor would be beneficial.