What happens if Bevaris Alliance does not exercise its option to repurchase equipment upon termination?

According to the 2024 FDD, if the Bevaris Alliance does not exercise its option to repurchase the franchisee's plant, equipment, fixtures, and fittings, the franchisee is free to sell those items.

This means that upon termination or expiration of the franchise agreement, Bevaris Alliance has the option, but not the obligation, to buy back the equipment used in the business. If Bevaris Alliance chooses not to repurchase the equipment, the franchisee retains ownership and can sell the equipment to recoup some of their investment.

This clause provides some financial flexibility for the franchisee upon exiting the Bevaris Alliance system, as they are not forced to sell the equipment back to the franchisor if they can obtain a better price elsewhere. However, the franchisee bears the responsibility for selling the equipment if Bevaris Alliance declines to repurchase it.