What is the initial franchise fee for a single Bevaris Alliance franchise?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
INITIAL FEES**
You pay an initial fee for a single franchise of $25,000.00. If you acquire a second franchise you will receive a 50% discount off the initial franchise fee (second franchise initial fee of $12,500.00). If you acquire a third or more subsequent franchise(s), each of your initial fees for those additional franchises will receive a 50% discount (third or subsequent franchise(s) initial fee of $12,500.00). The fee may be refundable, in our sole
discretion, and is charged when the Franchise Agreement is signed. All franchisee's must pay this uniform fee.
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 for a single franchise is $25,000. This fee is payable when the Franchise Agreement is signed. The FDD states that all franchisees must pay this uniform fee.
For franchisees in California, the payment of the initial fee is postponed until after Bevaris Alliance's initial obligations are complete and the franchisee is open for business. Once paid, the fees are considered earned and non-refundable.
The FDD also mentions discounted initial franchise fees for additional franchises. If a franchisee acquires a second franchise, the initial fee is reduced by 50% to $12,500. For a third or any subsequent franchises, the initial fee remains at the discounted rate of $12,500 per franchise.