When is the Franchise Portal fee for a Bevaris Alliance franchise due?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
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| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Third Party Quality Assurance Audit Fee | Up to $500 per quarter. | Upon invoice. | |
| 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 |
Source: Item 6 — OTHER FEES (FDD pages 8–10)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the Franchise Portal fee is due as incurred. This means that the franchisee will be charged the Franchise Portal fee, which can be up to $250 per month, as they use the Franchise Portal.
The Franchise Portal fee covers the cost for the franchisee to access and use the Franchise Portal. It is important to note that the fee is not fixed and can vary up to the stated amount of $250 per month, depending on usage or other factors determined by Bevaris Alliance.
Prospective franchisees should budget for this monthly fee and clarify with Bevaris Alliance what specific activities or levels of usage might influence the actual amount charged each month. Understanding the factors that determine the fee will help in accurately forecasting operating expenses.