What was the total amount of other assets for All Team in 2022?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | |
|---|---|---|
| OTHER ASSETS | ||
| Operating lease right-of-use assets | 143,935 | 192,816 |
| Deposits | 34,537 | 34,537 |
| Intangible assets | 61,329 | 61,329 |
| Total Other Assets | 239,801 | 288,682 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the total amount of other assets in 2022 was $288,682. These assets are further broken down into operating lease right-of-use assets, deposits, and intangible assets.
The operating lease right-of-use assets were valued at $192,816 in 2022. Deposits accounted for $34,537 of the other assets. Intangible assets were valued at $61,329 in 2022.
Understanding the composition and valuation of these 'other assets' is important for a prospective All Team franchisee. These figures provide insight into the types of assets All Team holds, which can be useful for assessing the company's financial health and stability. Reviewing these figures over multiple years, as presented in the FDD, can reveal trends and patterns that may be relevant to a franchisee's investment decision.