factual

Is the Franchise Portal Fee payable by a Bevaris Alliance franchisee to the Franchisor?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 4.2 Franchise Portal Fee.

The Franchisee shall pay Franchisor the Franchise Portal Fee.

Source: Item 23 — RECEIPT (FDD pages 22–88)

What This Means (2024 FDD)

According to the 2024 Bevaris Alliance Franchise Disclosure Document, a franchisee is required to pay the Franchisor a Franchise Portal Fee. The FDD states that the franchisee "shall pay Franchisor the Franchise Portal Fee."

In addition to the Franchise Portal Fee, the franchisee is also responsible for paying other fees to Bevaris Alliance, including the Initial Fee, Royalty Fee, System Marketing Fund Fee, Transfer Fee, Technology Fee, Mystery Shopper Program Fee, and Third-Party Quality Assurance Audit Fee. The Royalty Fee is 10% of the franchisee's weekly gross sales receipts. The System Marketing Fund Fees are 2% of the Gross Sales Receipts payable by the Franchisee to the Franchisor.

Prospective franchisees should carefully consider all these fees and how they impact the overall cost and profitability of operating a Bevaris Alliance franchise. It is important to review the franchise agreement and related documents thoroughly to understand the specific terms and conditions associated with each fee.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.