When are professional fees for an All Team agency due?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
INITIAL INVESTMENT
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| Franchise Fee | $42,500 | Lump sum | At time of signing Franchise Agreement | Us |
| Leasehold improvements (if needed) Not |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, professional fees, which range from $1,500 to $3,000, are due prior to opening the All Team agency. These fees are paid to attorneys and accountants as incurred.
This means a prospective All Team franchisee should budget between $1,500 and $3,000 for professional services to be rendered before the agency's opening. These funds should be readily available to cover expenses as they arise. It is important to note that these fees are paid directly to the attorneys and accountants providing the services.
Understanding when these fees are due allows the franchisee to plan their finances accordingly and ensure they have sufficient capital to cover these initial costs. Consulting with business advisors to review these figures is recommended before making a final decision on purchasing the franchise.