How many total Bevaris Alliance outlets were in operation 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 in operation. This total includes both franchised and company-owned facilities. Specifically, there were 4 franchised outlets and 1 company-owned outlet open at the beginning of 2023.
It is important to note that these figures reflect the status as of December 31st of each year, as indicated in the FDD. This means the 'Facilities at the Start of the Year' column represents the number of outlets open on January 1st of that year. The growth of Bevaris Alliance appears to be relatively recent, with the first franchised and company-owned locations opening in 2022.
For a prospective franchisee, this information provides insight into the current scale of Bevaris Alliance's operations. The relatively small number of existing outlets could represent both an opportunity and a risk. The opportunity lies in the potential for significant growth and market penetration. The risk is that the franchise system is still relatively new and may not have the same level of established processes and brand recognition as more mature franchises.
Prospective franchisees should further investigate the performance of existing outlets, the franchisor's plans for future expansion, and the level of support provided to franchisees in order to assess the viability of this franchise opportunity.