What was the total amount of funding and processing fees collected by All Team in 2023?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| 832,933 | 647,362 | |
|---|---|---|
| TOTAL LIABILITIES & STOCKHOLDER'S EQUITY | $ 3,492,701 | $ 4,141,911 |
ALL TEAM FRANCHISE CORPORATION STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022
| | 2023 | 2022 | |----------------
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 funding and processing fees collected in 2023 was $606,672. This figure represents the revenue All Team generated from these specific fees charged to its franchisees during that year.
For a prospective franchisee, this indicates the franchisor's reliance on these fees as a revenue stream. It also provides insight into the scale of financial transactions occurring within the All Team franchise system. Understanding the franchisor's revenue sources can help a franchisee assess the financial stability and operational practices of All Team.
It's important to note that this figure does not detail the specific services or processes covered by these fees. A potential franchisee should inquire about what these funding and processing fees entail, how they are calculated, and whether they are consistently applied across all franchisees. This due diligence will provide a clearer picture of the costs associated with becoming an All Team franchisee and the value received in return.