What permits and licenses must the transferee have to operate the All Team Agency?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
ATFC will approve a sale, Transfer or change in ownership under the following conditions:
Governmental Compliance.
The Transfer is conducted in compliance with applicable laws and regulations and the transferee has all permits and licenses necessary to operate the Agency;
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, a condition for approving the sale, transfer, or change in ownership of an All Team franchise is that "the transferee has all permits and licenses necessary to operate the Agency."
This means that anyone seeking to buy an existing All Team franchise must ensure they have all the required permits and licenses to legally run the business. The FDD does not specify which permits and licenses are required, as these can vary significantly based on location and the specific services offered by the agency.
As a prospective franchisee, it is crucial to investigate the specific permits and licenses needed in your area. You should discuss these requirements with All Team's franchise representatives to understand what is necessary for compliance. Failure to obtain the correct permits and licenses could prevent the transfer from being approved or lead to legal issues and potential fines after the transfer.