How many company-owned Bevaris Alliance facilities in California were sold to franchisees in 2021?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Facilities at Start of Year | Facilities Opened | Facilities Reacquired from Franchisee | Facilities Closed | Facilities Sold to Franchisee | Facilities at End of Year |
|---|---|---|---|---|---|---|---|
| California | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 1 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 1 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 19–21)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, there were no company-owned facilities in California sold to franchisees in 2021. The provided table outlines the status of company-owned facilities, detailing the number of facilities at the start of the year, facilities opened, reacquired, closed, and sold to franchisees, as well as the number of facilities at the end of the year.
Specifically, for California in 2021, the table indicates that there were 0 facilities at the start of the year, 0 facilities opened, 0 facilities reacquired from franchisees, 0 facilities closed, and 0 facilities sold to franchisees. Consequently, the number of facilities at the end of the year remained at 0. This data provides a clear picture of the movement, or lack thereof, of company-owned facilities to franchisees during that period.
Prospective franchisees can use this information to understand the historical trend of Bevaris Alliance in transferring company-owned locations to franchisees. A consistent record of zero transfers might suggest that the company prefers to maintain ownership of its facilities or that opportunities to acquire existing company-owned locations are rare. It is important to note that this information is as of the end of the year, as indicated in the FDD.