When is the Renewal Fee due for an All Team franchise?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS |
|---|---|---|---|
| Renewal Fee | 25% of the then current Franchise Fee | At the time of execution of a then-current franchise agreement | Payable when you renew the franchise |
Source: Item 6 — OTHER FEES\ (FDD pages 10–13)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the Renewal Fee is due at the time of execution of a then-current franchise agreement. The Renewal Fee is 25% of the then-current Franchise Fee. This fee is payable when a franchisee renews their All Team franchise agreement.
For a prospective All Team franchisee, this means that upon deciding to renew their franchise agreement, they will need to pay a renewal fee equivalent to 25% of the then-current franchise fee. This could be a substantial amount, depending on how much the franchise fee has changed since the initial agreement. Franchisees should factor this cost into their financial planning when considering whether to renew their franchise.
It is typical in the franchise industry to charge a renewal fee, as it allows the franchisor to recoup costs associated with updating the franchise system and providing continued support to the franchisee. The amount and timing of renewal fees can vary among different franchise systems, so it's important for prospective franchisees to carefully review the FDD and understand the specific terms of the renewal process.