Who owns 100% of the membership interests in Bevaris Alliance Franchise System, LLC?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
Benice Shamoon owns 100% of the membership interests in Bevaris Alliance Franchise System, LLC.
We have no predecessors or parent companies. Our affiliate, Bevaris Alliance, Inc. (also owned by Benice Shamoon), was incorporated, a California corporation, in California on September 23, 2009.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 6–7)
What This Means (2024 FDD)
According to the 2024 Bevaris Alliance Franchise Disclosure Document, Benice Shamoon owns 100% of the membership interests in Bevaris Alliance Franchise System, LLC. This means that Benice Shamoon has complete ownership and control over the franchisor entity.
As the sole owner, Benice Shamoon has the authority to make all major decisions regarding the Bevaris Alliance franchise system. This includes strategic planning, financial management, and operational policies. Franchisees should be aware that the direction and success of the franchise system are heavily influenced by the decisions of a single individual.
It is also noted that Benice Shamoon also owns Bevaris Alliance, Inc., which is an affiliate of the franchise system. This affiliated company was incorporated in California on September 23, 2009. This common ownership suggests a close relationship between the franchisor and its affiliate, which could impact various aspects of the franchise operation.