How many Bevaris Alliance franchises were under contract during 2023 and 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 the 2024 Bevaris Alliance Franchise Disclosure Document, during 2023 and 2022, there were five Bevaris Alliance franchises with 26 schools under contract.
This indicates that while the number of franchise agreements in effect remained constant, each franchise secured multiple school contracts. A prospective franchisee should consider the number of schools each franchise services when evaluating potential revenue and operational workload.
It's also important to note that while five franchise agreements were executed in 2022, no new franchise agreements were executed during 2023. This could reflect a strategic pause in expansion or other factors that a potential franchisee should investigate further.