What document acknowledges receipt of the Bevaris Alliance Disclosure Document?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
The last page of this Disclosure Document consists of a detachable document acknowledging receipt of this Disclosure Document by you.
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to the 2024 Bevaris Alliance Franchise Disclosure Document, the last page of the document includes a detachable form for acknowledging receipt of the disclosure document. This receipt serves as confirmation that the prospective franchisee has received and had access to the FDD.
Item 23 emphasizes the importance of this receipt, as it signifies the start of the review period required by the FTC and state franchise laws. This period allows potential franchisees to carefully consider the opportunity before making any binding commitments. The receipt helps Bevaris Alliance document its compliance with disclosure requirements.
In addition to the receipt, Exhibit A of the FDD includes the Franchise Agreement, which outlines the contractual obligations between Bevaris Alliance and the franchisee. Other exhibits, such as financial statements and state addenda, provide further information relevant to the franchise offering.