What were the capital distributions for Bevaris Alliance in 2023?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2023 | 2022 | |
|---|---|---|
| REVENUE: | ||
| Franchise fees | $ 844,819 | $ 388,798 |
| Vending income | 1,205 | 839 |
| Other income | 1,900 | 310 |
| TOTAL REVENUE | 847,924 | 389,947 |
| EXPENSES: | ||
| Accounting | 19,737 | 19,415 |
| Advertising & marketing | 1,229 | 3,212 |
| Amortization expense | 14,656 | 6,107 |
| Auto expense | 541 | ===- |
| Bank service charges | 813 | 379 |
| Bookkeeping | 33,274 | - |
| Business licenses & permits | 2,280 | 177 |
| Computer & internet | 2,482 | 1,144 |
| Consulting | 153,520 | _ |
| Dues & subcriptions | . 373 | 1,041 |
| Vending food purchases | - | 827 |
| Management fees | 486,000 | 96,000 |
| Meals & entertainment | 595 | - |
| Insurance expense | 6,312 | _ |
| Interest | ||
| 91 | 117 | |
| Legal | 26,244 | 7,920 |
| Outside services | ||
| 126,166 | 109,190 | |
| Office expenses | . 346 | - |
| Rent | ||
| Research & development | 13,280 | 5,676 |
| Travel | 2,500 | - |
| Telephone | 500 | - - 077 |
| rerebuone | 13,850 | 6,077 |
| TOTAL EXPENSES | 904,789 | 257,282 |
| INCOME FROM OPERATIONS | ( 56,865) | 132,665 |
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, capital distributions for 2023 were ($197). This means that the member of Bevaris Alliance received $197 less than they contributed during the year. This is a relatively small amount, but it is important to note that it is a negative number.
Capital contributions and distributions are a key element of understanding the financial health of a franchise system. Capital contributions represent money put into the business by the owners, while distributions are money taken out. The capital distributions can fluctuate depending on the company's financial performance and investment decisions.
A prospective franchisee should consider the capital contributions and distributions in context with other financial data, such as net income and cash flow, to get a comprehensive picture of Bevaris Alliance's financial management. It's also advisable to inquire with the franchisor about the factors influencing these distributions and their anticipated trends.