How many total Bevaris Alliance outlets were operating at the end of 2022?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Facilities at the Start of the year | Facilities at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 4 | 4 | |
| 2023 | 4 | 4 | 0 | |
| Company-Owned2 | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 1 | 1 | |
| 2023 | 1 | 1 | 0 | |
| Total Outlets | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 5 | 5 | |
| 2023 | 5 | 5 | 0 |
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, at the end of 2022, there were a total of 5 Bevaris Alliance outlets operating. This total includes both franchised and company-owned outlets. Of these 5 outlets, 4 were franchised and 1 was company-owned.
For a prospective franchisee, this indicates that Bevaris Alliance is a relatively new franchise system, with a small number of operating units as of the end of 2022. The growth from 0 to 5 outlets in a single year (2022) suggests rapid initial expansion, but the lack of further growth in 2023 (remaining at 5 outlets) could signal a period of stabilization or challenges in sustaining the initial growth rate.
It is important for potential franchisees to investigate the reasons behind the growth patterns and the relatively small size of the franchise system. Further due diligence, including speaking with existing franchisees (if possible) and understanding Bevaris Alliance's strategic plans for future expansion, is advisable. This will help in assessing the risks and opportunities associated with investing in a Bevaris Alliance franchise.