As of December 31, 2023, how many Bevaris Alliance facilities were operating in California?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Facilities at the Start of the year | Facilities at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 4 | 4 | |
| 2023 | 4 | 4 | 0 | |
| Company-Owned2 | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 1 | 1 | |
| 2023 | 1 | 1 | 0 | |
| Total Outlets | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 5 | 5 | |
| 2023 | 5 | 5 | 0 |
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, there were a total of five facilities operating in California as of December 31, 2023. This total comprises both franchised and company-owned facilities.
Specifically, the FDD indicates that there were four franchised facilities and one company-owned facility operating in California at the end of 2023. This information is crucial for prospective franchisees as it provides a snapshot of Bevaris Alliance's existing presence and market penetration within the state.
Understanding the distribution between franchised and company-owned facilities can also offer insights into Bevaris Alliance's business strategy and its approach to market development. A higher number of franchised locations might suggest a greater emphasis on franchisee-led growth, while a significant presence of company-owned facilities could indicate a more controlled expansion strategy.