How many All Team outlets were sold to franchisees in 2022?
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.
| 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 | |
| NC | 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| TN | 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 2 | 0 | 0 | 0 | 0 | 2 | |
| TX | 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| OR | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 1 | 0 | 0 | 1 | |
| 2022 | 7 | 0 | 0 | 0 | 0 | 7 | |
| Total | 2023 | 7 | 0 | 0 | 1 | 0 | 6 |
| 2024 | 6 | 0 | 1 | 0 | 0 | 7 |
Table 5 Projected Openings as of December 31, 2024
| State | Franchise Agreements Signed But Outlet Not Opened | Projected New Franchised Outlet In The Next Fiscal Year | Projected New Company-Owned Outlet In the Next Fiscal Year |
|---|
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, a review of Item 20 reveals that zero outlets were sold to franchisees in 2022. The provided tables detail outlet activity across various states, but in each instance for the year 2022, the 'Outlets Sold to Franchisee' column indicates a value of 0. This suggests that All Team did not engage in any transactions involving the sale of existing outlets to new franchisees during that year.
Specifically, the data is broken down by state, showing the number of outlets at the start and end of the year, as well as any changes due to openings, re acquisitions, closures, or sales to franchisees. The consistent '0' value in the 'Outlets Sold to Franchisee' column for 2022 across all listed states confirms that no existing All Team locations were transferred to franchisee ownership during that period.
This information is crucial for potential franchisees as it provides insight into the company's growth strategy and the dynamics of outlet ownership within the All Team franchise system. The absence of sales to franchisees in 2022 could indicate a preference for other expansion methods, such as establishing new franchised locations or maintaining company-owned operations. It is important to note that this data reflects only a single year, and further investigation into trends over multiple years would provide a more comprehensive understanding of All Team's approach to franchise development.