table_specific

What was the net change in the number of company-owned Bevaris Alliance outlets during 2022?

Bevaris_Alliance Franchise · 2024 FDD

Answer 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 the number of company-owned outlets during 2022 was an increase of 1. Specifically, the number of company-owned facilities started at 0 at the beginning of 2022 and ended the year at 1, resulting in the net change of 1.

This indicates that Bevaris Alliance added one company-owned location during that year. For a prospective franchisee, this information provides insight into the company's growth strategy and its involvement in operating its own outlets.

It's worth noting that the company-owned operation is Bevaris Alliance, Inc., located in Los Angeles, California, and is owned and operated by Benice Shamoon. This detail offers transparency regarding the specific entity and individual responsible for the company-owned location.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.