Who are the parties involved in the Bevaris Alliance Franchise Agreement?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
This agreement is dated [DATE]
Parties
- (1) Bevaris Alliance Franchise System, LLC, a limited liability company organized under the laws of Delaware, having its principal office located at 407 N. Maple Drive, Ground Floor, Suite #1, Beverly Hills, CA 90210 (Franchisor)
- (2) [FULL FRANCHISEE COMPANY NAME] incorporated and registered in [STATE OF INCORPORATION or ORGANIZATION] whose registered office is at [REGISTERED OFFICE ADDRESS] (Franchisee)
- (3) [NAME] of [ADDRESS] (Individual)
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to the 2024 Bevaris Alliance Franchise Disclosure Document, the franchise agreement is between three parties. The first party is Bevaris Alliance Franchise System, LLC, identified as the Franchisor, which is a limited liability company organized under the laws of Delaware with its principal office located at 407 N. Maple Drive, Ground Floor, Suite #1, Beverly Hills, CA 90210.
The second party is the Franchisee, identified as the full franchisee company name, which is incorporated and registered in a specific state of incorporation or organization, and has a registered office address. The third party is an individual, whose name and address are required to be entered into the agreement.
This structure is typical in franchising, where the agreement involves the franchisor granting rights to a franchisee, and often includes an individual guarantor, ensuring the franchisee's obligations are met. Prospective franchisees should carefully review the agreement to understand their rights and obligations, as well as those of Bevaris Alliance and any individual involved.