How many schools were under contract with Bevaris Alliance franchises 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 Bevaris Alliance's 2024 Franchise Disclosure Document, during 2023 and 2022, there were five Bevaris Alliance franchises with 26 schools under contract. This indicates that each franchise, on average, had contracts with approximately five schools during this period.
For a prospective franchisee, this information provides insight into the scale of operations and the potential market reach of a Bevaris Alliance franchise. It suggests that the business model involves managing relationships with multiple schools to provide food delivery services.
It's important to note that while five franchise agreements were executed in 2022, no new franchise agreements were executed in 2023. However, the existing franchises maintained contracts with 26 schools throughout both years. This could indicate a period of consolidation or focus on operational efficiency within the existing franchise network.