What were the franchise fees incurred by Bevaris Alliance, Inc. (BAI) and payable to the Bevaris Alliance company during 2022?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
erate the same type of business as the Company. Any transactions between the Company and the affiliate and other related parties are also summarized.
Bevaris A
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, Bevaris Alliance, Inc. (BAI), which is owned by the member of the Bevaris Alliance company, incurred franchise fees payable to the company. In 2022, these franchise fees amounted to $72,226. In 2023, the franchise fees incurred by BAI and payable to Bevaris Alliance were $99,547.
This indicates that BAI, as a franchisee of Bevaris Alliance, is subject to the standard franchise fee structure. The fact that BAI is owned by a member of the company highlights a potential conflict of interest, but also suggests a strong commitment from the owner to the franchise model.
Prospective franchisees should inquire about the specific terms and conditions under which BAI operates as a franchisee, and whether these terms differ from those offered to other franchisees. Understanding the relationship between BAI and Bevaris Alliance is crucial for assessing the fairness and transparency of the franchise system.