What was the reported value of furniture and fixtures for All Team in 2024?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
29 |
Management has determined there has been no impairment of these assets in 2024 or 2023.
NOTE 4 – FIXED ASSETS
Fixed assets consist of the following:
| 2024 | 2023 | |
|---|---|---|
| Computer software | $18,000 | $18,800 |
| Furniture and f |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the reported value of furniture and fixtures in 2024 was $11,903. This figure is part of the company's financial statements, which also include values for computer software and office equipment.
The financial statement provides a snapshot of All Team's assets. It's important to note that the value of furniture and fixtures remained constant from 2023 to 2024, suggesting no new purchases or disposals in this category during that period. This could reflect a stable operational setup or minimal investment in physical assets.
Prospective franchisees should consider these figures in the context of the overall financial health of All Team. While furniture and fixtures represent a relatively small portion of the company's assets, consistent values year-over-year may indicate a steady state of operations. Reviewing these figures alongside other financial metrics, such as cash flow and liabilities, will provide a more comprehensive understanding of the franchisor's financial position.