To whom is the payment for Bevaris Alliance licenses and permits made?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
INITIAL INVESTMENT
| Type of Expenditure | Amount Est. Low Range | Amount Est. High Range | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|---|
| Franchise Fee for a single franchise (Note 1) | $25,000 | $25,000 | Lump |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 10–11)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, payments for licenses and permits are made to 'Others'. The estimated cost for licenses and permits ranges from $1,000 to $5,000. This payment is a lump sum due upon issuance of the licenses and permits.
This means that prospective Bevaris Alliance franchisees should budget between $1,000 and $5,000 for licenses and permits. The actual amount will depend on the specific licenses and permits required to operate in their location. Since the payment is made to 'Others', this likely refers to various governmental or regulatory bodies that issue the required licenses and permits.
It is important for potential franchisees to research the specific licensing and permit requirements in their area and to understand the costs associated with obtaining them. This will help them accurately estimate their initial investment and avoid unexpected expenses. Franchisees should also confirm with Bevaris Alliance what licenses and permits are necessary to operate.