What is the 'Branded Business' carried on under for Bevaris Alliance?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
utions | _(197) | ( 2,557 ) | | NET CASH PROVIDED (USED) BY FINANCING | | | | ACTIVITIES (5522, 21 521616216 | 25,042 | 73,233 | | NET INCREASE CASH AND CASH EQUIVALENTS | 2,730 | 208,488 | | CASH AND CASH EQUIVALENTS AT | | | | BEGINNING OF PERIOD | 256,474 | 47,986 | | CASH AND CASH EQUIVALENTS AT | | | | DECEMBER 31 | $ 259,204 | $ 256,474 |
Franchimp
BEVARIS ALLIANCE FRANCHISCHISCHISCHISCHISCHISCHISCHISCHISCHIS
1. ORGANIZATION:
Bevaris Alliance Franchise System, LLC ("the Company", a Delaware limited liability company) offers franchises for BevarisAlliance® (the Franchise), which will market, sell and provide home cooked meals that meet the dietary and nutritional needs of students and faculty of private and public schools including institutions of higher learning. The Company will contract with schools, institutions and other businesses to provide a food delivery system and will assign such contract to franchisees. The Company offers franchises throughout the United States of America and will provide trademarks, services marks, and a system which includes operational and marketing policies, procedures and programs as well as training. The Company was formed on March 15, 2021. Membership interest is summarized as follows:
Member% InterestBenice Shamoon100%
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
Basis of presentation. The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America.
Cash consists of cash and money market funds which are considered to be cash or cash equivalents.
Deferred Franchise Development Costs.
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the 'Branded Business' involves marketing, selling, and providing home-cooked meals tailored to the dietary and nutritional needs of students and faculty in private and public schools, including higher learning institutions. Bevaris Alliance franchises contract with schools, institutions, and other businesses to establish a food delivery system, with these contracts then assigned to franchisees.
This business model means that a Bevaris Alliance franchisee will primarily focus on managing the food delivery service within assigned school contracts. The franchisee benefits from the franchisor's established trademarks, service marks, and operational and marketing systems. The initial franchise fee is $5,000 for the first franchise, $3,750 for the second franchise and $2,500 for each franchise thereafter.
Prospective franchisees should understand that their success depends on maintaining the quality and consistency of the food service to meet the standards expected by the schools and institutions they serve. Additionally, franchisees must adhere to the operational and marketing policies set by Bevaris Alliance to maintain brand consistency and customer satisfaction. Franchisees must also consider the initial franchise fees of $5,000 for the first franchise, $3,750 for the second franchise and $2,500 for each franchise thereafter.