table_specific

How much did All Team spend on rent in 2022?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

832,933 647,362
TOTAL LIABILITIES & STOCKHOLDER'S EQUITY $ 3,492,701 $ 4,141,911

ALL TEAM FRANCHISE CORPORATION STATEMENTS OF OPERATIONS

FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022

2023 2022
OPERATING REVENUES
Royalty and license fees - franchise $ 423,870 $ 661,052
Funding and processing fees - franchise 606,672 802,969
Total Operating Revenues 1,030,542 1,464,021
OPERATING EXPENSES
Advertising - franchise 446 1,186
Accounting services 20,281 18,370
Auto expense 30,168 29,327
Bank and credit card fees 668 654
Charitable contributions 1,122 100
Computer/ IT 63,258 55,597
Dues and subscriptions 7,317 5,182
Professional services 189,877 53,040
Insurance 28,025 38,303
Funding fees 98,019 258,432
Wages, salaries and payroll benefits 813,640 976,331
Rent 66,751 63,738
Office supplies and expense 15,351 11,220
Postage and delivery 713 2,527
Equipment lease 15,708 16,250
Telephone and utilities 12,609 17,975
Licenses, permits and taxes 242 1,717
Miscellaneous 1,850 233
Travel and entertainment 22,408 3,333
Total Operating Expenses 1,388,453 1,553,515
LOSS FROM OPERATIONS (357,911) (89,494)
OTHER INCOME (EXPENSES)
Provision for credit losses (6,000) (6,000)
Interest inco

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

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the company's rent expenses for 2022 totaled $63,738. This figure is part of the operating expenses detailed in the Statements of Operations for the years ending December 31, 2023, and 2022. This provides insight into the overhead costs associated with running the All Team franchise operations.

Understanding the franchisor's expenses can be helpful for prospective franchisees. While this is not directly the franchisee's rent expense, it can provide a sense of how the franchisor manages its own costs, which indirectly affects the support and services they can provide to franchisees. Reviewing these figures over multiple years, as presented in the document, allows for identifying trends and potential areas of cost management or increases.

It's important to note that the rent expense listed pertains to All Team's corporate operations and not the rent that a franchisee would pay for their individual location. Franchisees should conduct their own due diligence to estimate their potential rent expenses based on location, size, and market conditions. This figure provides a benchmark for understanding the franchisor's financial management.

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.