On what page can I find information about Insurance Fees for Bevaris Alliance?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| PAYING OTHER FEES11 | | Annual Meeting ◀11 | | Transfer Fee ◀11 | | Renewal Fee ◀11 | | Late Payment Fee 411 | | Interest <11 | | Management Fee ◀12 | | Technology Fee ◀12 | | Costs and Attorneys' Fees ◀12 | | Insurance Fees ◀12 | | Technology Maintenance and Upgrades ◀12 | | Mystery Shopper Fee ◀12 |
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, information regarding insurance fees can be found on page 12. Specifically, this information is located within a section detailing the responsibilities of Bevaris Alliance franchisees, which includes paying various fees to the franchisor.
This section appears to cover a range of fees beyond just insurance, such as annual meeting fees, transfer fees, renewal fees, late payment fees, interest, management fees, technology fees, costs and attorneys' fees, technology maintenance and upgrades, and mystery shopper fees. This suggests that page 12 provides a general overview of the different types of payments a franchisee might be obligated to make to Bevaris Alliance during the course of the franchise agreement.
Prospective franchisees should carefully review this section to understand the full scope of their financial obligations to Bevaris Alliance, beyond the initial franchise fee and ongoing royalties. Understanding these fees is crucial for accurate financial planning and assessing the overall profitability of the franchise.