table_specific

How many Bevaris Alliance facilities were closed in California during 2022?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

FOR YEARS 2021 to 20232

| 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 | <sup>1 Our company owned facility is Bevaris Alliance, Inc. in Los Angeles, California which is owned and operated by Benice Shamoon.

TABLE NO.

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 is conflicting information regarding the number of facilities closed in California during 2022. Table No. 4, which details the status of company-owned facilities, indicates that zero facilities were closed in California during 2022. However, Table No. 5, which provides information on franchised facilities, is not clear on whether any closures occurred. It lists "Terminations", "Non-Renewals", "Reacquired by Franchisor", and "Ceased Operations- Other Reasons", all with a count of zero for 2022. It is unclear if any of these categories would include a 'closure'.

Specifically, Table No. 4 shows that in 2022, there were zero facilities at the start of the year, one facility opened, and zero facilities closed, resulting in one facility at the end of the year. This table refers to company-owned facilities. In contrast, Table No. 5 indicates that for franchised facilities in California during 2022, there were zero facilities at the start of the year, four facilities opened, and zero terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons, resulting in four facilities at the end of the year.

Given the discrepancy between the tables and the lack of a clear 'closure' category in Table No. 5, a prospective franchisee should seek clarification from Bevaris Alliance regarding the definition of 'facilities closed' and how it applies to both company-owned and franchised locations. Understanding the reasons behind any facility closures is crucial for assessing the stability and risks associated with investing in a Bevaris Alliance franchise.

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.