What was the net change in the number of company-owned Bevaris Alliance facilities during 2022?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
FOR YEARS 2021 TO 20231
| 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 |
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, the net change in company-owned facilities during 2022 was an increase of 1. The number of company-owned Bevaris Alliance facilities started at 0 at the beginning of 2022 and ended the year at 1 facility.
This indicates that Bevaris Alliance added one company-owned location during that year. As a potential franchisee, this information provides insight into the growth strategy of the company, specifically regarding corporate-owned versus franchised locations. A prospective franchisee might want to inquire about the reasons behind opening a company-owned location and how it might impact or support the franchise network.
Reviewing the performance of this company-owned facility could also be beneficial. Understanding the financial metrics and operational strategies employed at this location could offer valuable insights into the Bevaris Alliance business model. Furthermore, it would be prudent to investigate whether Bevaris Alliance plans to open more company-owned facilities in the future and how those decisions are made.