table_specific

What was the net change in the total number of Bevaris Alliance outlets during 2022?

Bevaris_Alliance Franchise · 2024 FDD

Answer 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, the net change in the total number of outlets during 2022 was an increase of 5. This includes both franchised and company-owned outlets. At the start of 2022, there were zero facilities, and by the end of the year, there were 5.

Specifically, the number of franchised facilities increased by 4 during 2022, starting from 0 and ending at 4. The number of company-owned facilities increased by 1, starting from 0 and ending at 1.

In 2023, the total number of outlets remained constant at 5, with 4 franchised and 1 company-owned. This indicates a period of initial growth in 2022 followed by stabilization in 2023. A prospective franchisee should inquire about the factors that contributed to the growth in 2022 and the reasons for the subsequent stabilization in 2023 to better understand the brand's growth trajectory and potential.

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.