How many Bevaris Alliance franchises were reacquired by the franchisor in California during 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 franchises reacquired by the franchisor in California during 2021. This information is based on the provided table detailing the status of franchised facilities.
The table provides a breakdown of facility changes by state and year, including the number of facilities at the start and end of the year, as well as any facilities opened, reacquired, or closed. For California in 2021, the number of facilities reacquired from franchisees is listed as 0.
This data point is important for prospective franchisees as it provides insight into the stability and performance of existing franchises. A high number of reacquired franchises could indicate potential issues with the franchise system or franchisee performance. In this case, the absence of reacquired franchises in California for 2021 could be seen as a positive sign.