As of what date are the facility figures reported for Bevaris Alliance?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
0 | 5 | 5 | | | 2023 | 5 | 5 | 0 | <sup>1 The above figures are as of December 31st of each year.
TABLE NO. 2
TRANSFER OF FACILITIES FROM FRANCHISEES TO NEW OWNERS (OTHER THAN FRANCHISOR OR AN AFFILIATE) FOR YEARS 2021 TO 20231
| State | Year | Number of Transfers | |---|---|---| | All States | 2021 | 0 | | | 2022 | 0 | | | 2023 | 0 | | Totals | 2021 | 0 | | | 2022 | 0 | | | 2023 | 0 | <sup>1 The numbers in this table are as of December 31st of each year.
TABLE NO. 3
STATUS OF FRANCHISED FACILITIES FOR YEARS 2021 TO 20231
| State | Year | Facilities at Start of Year | Facilities Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Facilities at End of Year | |---|---|---|---|---|---|---|---|---| | California | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | Totals | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | <sup>1 The figures above are as of December 31st of each year.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 19–21)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the facility figures presented in certain tables are reported as of December 31st of each year. Specifically, this date applies to the data provided in Table No. 3, which details the status of franchised facilities, Table No. 1, which provides a systemwide facility summary, and Table No. 4, which shows the status of company-owned facilities.
This means that the information regarding the number of facilities, openings, closures, and transfers is based on the totals as they stood at the end of each calendar year (December 31st) for the years 2021, 2022, and 2023. This provides a historical overview of the franchise's growth and changes in its network over those three years.
However, it's important to note that Table No. 5, concerning projected openings, presents data as of March 31, 2024. This forward-looking information gives prospective franchisees an idea of Bevaris Alliance's anticipated growth in the near term, offering a more current snapshot of the company's development plans compared to the historical year-end data.