factual

When are initial fees considered earned and non-refundable for Bevaris Alliance franchisees?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

For franchisees in California, payment of all initial fees is postponed until after all of our initial obligations are complete and you are open for business. Payments made are considered earned and non-refundable when paid.

Source: Item 5 — INITIAL FEES (FDD pages 7–8)

What This Means (2024 FDD)

According to Bevaris Alliance's 2024 Franchise Disclosure Document, the initial franchise fee is generally charged when the Franchise Agreement is signed. The standard initial fee for a single Bevaris Alliance franchise is $25,000. However, the FDD states that the refundability of this fee is at the sole discretion of Bevaris Alliance, meaning that in most cases, the initial fee is non-refundable once paid.

However, there is a specific exception for franchisees in California. For these franchisees, the payment of all initial fees is postponed until after all of Bevaris Alliance's initial obligations are complete and the franchisee is open for business.

For Bevaris Alliance franchisees in California, any initial fees paid are considered earned and non-refundable at the time they are paid. This means that once the franchisee has opened their business and remitted the initial fee, they cannot get a refund of the initial 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.