factual

Is Bevaris Alliance International (BAI) a franchisee of the Bevaris Alliance, and if so, how many school locations does it operate at?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

As discussed in Note 10, BAI is a franchisee of the Company and operates at one school location.

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

What This Means (2024 FDD)

According to Bevaris Alliance's 2024 Franchise Disclosure Document, Bevaris Alliance, Inc. (BAI) is indeed a franchisee of Bevaris Alliance. The document specifies that BAI operates at one school location. This related-party transaction is disclosed in the notes to the financial statements.

For a prospective franchisee, this information highlights the importance of understanding related-party transactions within the Bevaris Alliance franchise system. It's common for franchisors to have affiliated businesses, and the FDD aims to provide transparency about these relationships. Knowing that BAI is both an affiliate and a franchisee allows potential franchisees to assess how this relationship might impact their own franchise operations.

It is important to note that the FDD also mentions that during 2022, the company waived initial franchise fees in order to initiate additional franchise sales. This could be relevant to a prospective franchisee as it indicates a potential strategy the franchisor might use to attract new franchisees, although it's not guaranteed to be offered in the future.

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.