How many company-owned Bevaris Alliance facilities were operating at the end of 2023?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Facilities at the Start of the year | Facilities at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 4 | 4 | |
| 2023 | 4 | 4 | 0 | |
| Company-Owned2 | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 1 | 1 | |
| 2023 | 1 | 1 | 0 | |
| Total Outlets | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 5 | 5 | |
| 2023 | 5 | 5 | 0 |
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, at the end of 2023, Bevaris Alliance had one company-owned facility. The table provided in Item 20 of the FDD details the status of both franchised and company-owned facilities from 2021 to 2023.
Specifically, for company-owned facilities, the table shows that at the start of 2023, there was one facility. Throughout 2023, there were no changes, meaning no new company-owned facilities were opened and none were closed. Therefore, the number of company-owned facilities at the end of 2023 remained at one.
This information is valuable for prospective franchisees as it provides insight into the company's operational structure and its involvement in direct operations. The fact that Bevaris Alliance operates a company-owned facility could indicate a commitment to understanding and refining the business model, which could benefit franchisees. However, the limited number of company-owned stores compared to potential franchise locations might also suggest a greater reliance on the success of its franchisees.