factual

To whom are the Costs and Attorneys’ Fees payable for a Bevaris Alliance franchise?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

Type of Fee Amount Due Date Remark s
Third Party Up to $500 per quarter. Upon invoice.
Quality Assurance
Audit Fee
Technology Fee Will vary under circumstances As incurred. Fee for any software licenses used in the ordinary course of business.
Franchise Portal Up to $250 per month. As incurred. Fee for Franchise Portal.
Fee (see Note 6)
Convention Fee Travel fees and out of pocket expenses but no attendance fee (suggested cost up to $500 per day). As incurred.
Indemnity Will vary under circumstances. As incurred. You have to reimburse us if we are held liable for claims arising from your Branded Business’s operations.
Noncompliance Fee A $100.00 fee per occurrence. As incurred Fee for noncompliance with the Franchise Agreement clause 7.
Product or supplier evaluation fee No fee. Upon completion of evaluation. Due if the product or supplier is not approved.
Costs and Attorneys’ Fees Will vary under circumstances. As incurred by you. Payable to your attorney for any legal work done to assist you.

Source: Item 6 — OTHER FEES (FDD pages 8–10)

What This Means (2024 FDD)

According to Bevaris Alliance's 2024 Franchise Disclosure Document, the costs and attorneys' fees will vary under the circumstances and are due as incurred by the franchisee. These fees are payable to the franchisee's attorney for any legal work done to assist them.

This means that as a prospective Bevaris Alliance franchisee, you will be responsible for covering your own legal expenses related to the franchise agreement and any other legal advice you seek. The amount you pay will depend on the complexity and extent of the legal services you require. It is advisable to consult with an attorney experienced in franchise law to review the Franchise Agreement and provide guidance on legal matters.

Unlike some other fees which are paid to the franchisor, these particular costs are paid directly to your own legal counsel. This arrangement ensures that you have independent representation and advice tailored to your specific situation. The FDD does not specify any limitations or requirements regarding the attorney you choose, so you have the freedom to select legal counsel that best suits your needs and budget.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.