factual

What specific fees can All Team apply franchisee payments to?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

ATFC has the sole discretion to apply any payments by FRANCHISEE or made on behalf of FRANCHISEE to any past due indebtedness of FRANCHISEE for any of the fees or amounts due under this Agreement, the Processing Agreement and the Funding Agreement.

Source: Item 22 — CONTRACTS (FDD pages 33–34)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, All Team has the sole discretion to apply payments made by or on behalf of the franchisee to any past due indebtedness. This includes fees or amounts due under the Franchise Agreement, the Processing Agreement, and the Funding Agreement.

This means that if an All Team franchisee has outstanding balances for any fees related to these agreements, All Team can allocate any payment received to cover those past due amounts. This is a standard practice in franchising, allowing the franchisor to ensure that all outstanding debts are addressed.

For a prospective All Team franchisee, this highlights the importance of staying current with all fee payments. Failure to do so could result in subsequent payments being applied to older debts, potentially leading to further late fees or penalties if current obligations are not met. Franchisees should maintain careful records of payments and outstanding balances to avoid any confusion or unintended application of funds.

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.