Does the Bevaris Alliance company share office space with Bevaris Alliance, Inc. (BAI)?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
As discussed in Note 9, the Company shares office space with BAI.
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, Bevaris Alliance shares office space with Bevaris Alliance, Inc. (BAI). The document states that BAI is an affiliate owned by the same member as Bevaris Alliance.
Specifically, Bevaris Alliance entered into a lease agreement for its corporate headquarters on August 16, 2023, with the lease becoming effective on August 29, 2023, and ending on August 31, 2025. The monthly rent is $2,075, totaling an annual lease payment of $24,900, excluding tax. Bevaris Alliance, Inc. has agreed to split 50% of the monthly rent with Bevaris Alliance.
This arrangement indicates a close relationship between Bevaris Alliance and BAI, potentially simplifying administrative and operational tasks due to shared resources. However, prospective franchisees should be aware of the implications of this shared arrangement, including potential conflicts of interest or dependencies on BAI for operational support. It would be prudent to inquire about the specific terms of the shared office space agreement and how it might affect the franchisee's business operations.