How many total Bevaris Alliance outlets were operating at the start of 2023?
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 start of 2023, there were a total of 5 Bevaris Alliance outlets operating. This total comprises both franchised and company-owned facilities. Specifically, there were 4 franchised outlets and 1 company-owned outlet open at the beginning of 2023.
For a prospective franchisee, this indicates the existing scale of Bevaris Alliance's operations as of that time. It's important to note that these figures reflect the status as of the beginning of the year, and the number of facilities may have changed throughout 2023.
Reviewing the growth trends in the FDD can provide further insight into the brand's expansion. Understanding the mix of franchised versus company-owned stores can also inform a franchisee about Bevaris Alliance's business model and strategic approach to market penetration.