How many Bevaris Alliance franchises in California were terminated in 2023?
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 |
Exhibit F is a list of names, addresses and telephone numbers of our franchisees as of December 31, 2023. During fiscal year ending December 31, 2023, there were no franchisees who had an outlet terminated, cancelled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under a Franchise Agreement during the most recently completed fiscal year, or who had not communicated with us within 10 weeks of the issuance date of this Disclosure Document. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
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 terminations of franchise facilities in California during 2023. The provided table tracks the status of franchised facilities, showing that in 2023, there were 1 facility at the start of the year and 1 at the end of the year, with no facilities opened, reacquired, closed, or sold to a franchisee during that year. This indicates stability in the number of franchised facilities in California.
Additionally, Exhibit F of the FDD confirms that for the fiscal year ending December 31, 2023, no franchisees had their outlet terminated, cancelled, not renewed, or otherwise ceased operations under a Franchise Agreement. This statement reinforces the data presented in the table, providing further assurance that no franchise agreements were terminated in California during the specified period.
For a prospective franchisee, this information suggests a stable franchise network in California, with no terminations reported in 2023. This could be interpreted as a positive sign, indicating that franchisees are generally successful and remain within the Bevaris Alliance system. However, it is important to consider this information in conjunction with other factors, such as the overall number of franchises, the length of franchise agreements, and the reasons for any terminations in previous years, to gain a comprehensive understanding of the franchise's stability and success rates.