In 2023, how many Bevaris Alliance facilities were reacquired from franchisees in California?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Facilities at Start of Year | Facilities Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Facilities at End of Year |
|---|---|---|---|---|---|---|---|---|
| California | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| Totals | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 19–21)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, there were no facilities reacquired from franchisees in California during 2023. The table provided in Item 20 outlines the status of franchised facilities, detailing the changes in facility counts over the years.
The table shows that in 2023, Bevaris Alliance started the year with 4 franchised facilities in California. Throughout the year, there were no terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons. Consequently, the year concluded with the same 4 facilities.
This indicates that Bevaris Alliance did not reacquire any franchised facilities in California during the specified year. For a prospective franchisee, this data point can be useful in understanding the stability of the franchise network and the likelihood of franchise re acquisitions.