How many Bevaris Alliance franchise agreements were executed during 2022?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
During 2023, no franchise agreements were executed. During 2022, five franchise agreements were executed which serviced 26 schools. During 2023 and 2022 there were five franchises with 26 schools under contract. Franchise activity is detailed as follows:
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the company executed five franchise agreements in 2022. These agreements serviced 26 schools. In both 2022 and 2023, there were five franchises with 26 schools under contract.
This information is relevant for prospective franchisees as it provides insight into the company's growth and franchise activity. Knowing the number of franchise agreements executed can help potential franchisees gauge the brand's expansion rate and market penetration. The fact that each franchise services multiple schools suggests a business model that focuses on securing contracts with educational institutions.
The consistency in the number of franchises and schools under contract between 2022 and 2023 may indicate a stable business model or a period of consolidation after initial growth. Prospective franchisees should inquire about the factors influencing these numbers and the company's strategies for future growth and franchisee support.