table_specific

What was the net income for All Team for the year ended December 31, 2023?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

$ | 667,144 | $ | 787,144 |

ALL TEAM FRANCHISE CORPORATION STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

2024 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income $ (43,528) $ 201,944
Adjustments to reconcile net income to net cash
provided by operating activities:
Allowance for

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

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the net income for the year ended December 31, 2023, was $201,944. This figure represents the company's profit after all expenses and costs were subtracted from its total revenues for that year. This information is derived from the All Team Franchise Corporation Statement of Cash Flows.

For a prospective franchisee, net income is a critical indicator of All Team's financial health and profitability. A positive net income suggests that the company is operating efficiently and generating more revenue than it spends. This can be reassuring for franchisees who are considering investing in the All Team brand, as it indicates a stable and potentially successful business model.

However, it's important to consider net income in conjunction with other financial metrics and industry benchmarks. While $201,944 indicates profitability, further analysis of All Team's revenue, expenses, and cash flow statements would provide a more comprehensive understanding of its financial performance. Additionally, comparing All Team's net income to that of other franchises in the same industry can help assess its relative competitiveness and potential for growth.

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.