What was the total amount of intangible assets held by All Team in 2024?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
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Tampa, Florida March 24, 2025
ALL TEAM FRANCHISE CORPORATION BALANCE SHEETS
AS OF DECEMBER 31, 2024 AND 2023
| 2024 | 2023 | |
|---|---|---|
| CURRENT ASSETS | ||
| Ca |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the company's intangible assets totaled $61,329 in 2024. The FDD also shows that the intangible assets remained the same from 2023 to 2024.
Intangible assets are non-physical assets that can include things like patents, trademarks, copyrights, and goodwill. These assets can provide long-term value to a company, although they are not physical in nature.
For a prospective franchisee, understanding the intangible assets of All Team can be important. While the amount is relatively small compared to other assets, it reflects the value of the brand's intellectual property and reputation. The stability of this value from 2023 to 2024 might indicate a consistent brand presence.