Is Benice Shamoon the owner of Bevaris Alliance?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
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Benice Shamoon, CEO/Owner
Mr. Shamoon has been involved with Bevaris since 2008 and has been the CEO of Bevaris Alliance Franchise System, LLC, a Beverly Hills, California, Franchisor for the past five years.
ITEM 3: LITIGATION
No litigation is required to be disclosed in this Item.
ITEM 4: BANKRUPTCY
No bankruptcy is required to be disclosed in this item.
ITEM 5: INITIAL FEES
You pay an initial fee for a single franchise of $25,000.00.
Source: Item 2 — BUSINESS EXPERIENCE (FDD page 7)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, Benice Shamoon is identified as the CEO/Owner of Bevaris Alliance Franchise System, LLC. The document also states that Mr. Shamoon has been involved with Bevaris since 2008 and has been the CEO of Bevaris Alliance Franchise System, LLC for the past five years. This indicates a significant and long-standing leadership role within the Bevaris Alliance franchise system.
Furthermore, the FDD explicitly states that Benice Shamoon owns 100% of the membership interests in Bevaris Alliance Franchise System, LLC. This confirms that Benice Shamoon has full ownership and control of the franchisor company. Additionally, Bevaris Alliance, Inc., an affiliate of the franchisor, is also owned by Benice Shamoon.
For a prospective franchisee, this information is crucial as it clarifies the ownership and management structure of Bevaris Alliance. Knowing that a single individual has complete ownership can provide insight into the decision-making processes and potential stability of the franchise system. It also highlights the importance of understanding Mr. Shamoon's background and experience, as his leadership will significantly influence the direction of the franchise.