What was the net change in the number of company-owned All Team outlets during 2023?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 11 | 11 | 0 | |
| Franchised | 2023 | 11 | 10 | -1 |
| 2024 | 10 | 7 | -3 | |
| 2022 | 7 | 7 | 0 | |
| Company-Owned | 2023 | 7 | 6 | -1 |
| 2024 | 6 | 7 | 1 | |
| 2022 | 18 | 18 | 0 | |
| Total Outlets | 2023 | 18 | 16 | -2 |
| 2024 | 16 | 14 | -2 |
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, the net change in the number of company-owned outlets during 2023 was -1. This means that All Team had one fewer company-owned outlet at the end of 2023 than it did at the beginning of the year. Specifically, the number of company-owned All Team outlets decreased from 7 at the start of 2023 to 6 by the end of that year.
This decrease in company-owned outlets could be due to several factors, such as the closure of an underperforming location or the sale of a company-owned outlet to a franchisee. For a prospective franchisee, this information provides insight into the stability and growth strategy of All Team's corporate-owned operations. A decrease could signal a strategic shift towards franchising, or it could highlight challenges in managing company-owned locations.
It's important to note that while the total number of company-owned All Team locations decreased, this does not necessarily reflect the overall health of the All Team franchise system. The FDD also indicates that the total number of franchised outlets decreased by 1 during 2023, from 11 to 10. The total net change for all All Team outlets (both company-owned and franchised) in 2023 was -2, decreasing from 18 to 16.
Prospective franchisees should investigate further to understand the reasons behind the decrease in company-owned locations. Understanding the specific reasons for this change can help potential franchisees assess the risks and opportunities associated with investing in an All Team franchise.