According to All Team's 2025 Franchise Disclosure Document, the company's total intangible assets as of December 31, 2023, were $61,329. This figure is listed under the 'Other Assets' section of All Team's balance sheet, providing a snapshot of the company's financial position at that specific point in time. Intangible assets typically include items like trademarks, patents, and goodwill, which are not physical but have value to the company.

For a prospective All Team franchisee, understanding the value and nature of these intangible assets is important. These assets can contribute to brand recognition and competitive advantage. The FDD also notes that intangible assets are recorded at cost and, since January 1, 2002, are amortized over their definite useful life according to Financial Accounting Standards Board Accounting Standards Codification (FASB ASC 360, Intangibles-Goodwill and Other).

The consistent value of intangible assets between 2023 and 2024 ($61,329 in both years) may suggest that All Team did not acquire new intangible assets or write down existing ones during this period. Reviewing the notes to the financial statements for further details on the composition and amortization of these assets would provide additional insight for a potential franchisee.

It is important for prospective franchisees to seek clarification from All Team regarding the nature of these intangible assets and how they benefit franchisees. Understanding the long-term strategy for managing and leveraging these assets can be a key factor in assessing the overall value of the franchise opportunity.