What were the shareholder distributions for Bevaris Alliance in 2022?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2023 | 2022 | |
|---|---|---|
| REVENUE: | ||
| Franchise fees | $ 844,819 | $ 388,798 |
| Vending income | 1,205 | 839 |
| Other income | 1,900 | 310 |
| TOTAL REVENUE | 847,924 | 389,947 |
| EXPENSES: | ||
| Accounting | 19,737 | 19,415 |
| Advertising & marketing | 1,229 | 3,212 |
| Amortization expense | 14,656 | 6,107 |
| Auto expense | 541 | ===- |
| Bank service charges | 813 | 379 |
| Bookkeeping | 33,274 | - |
| Business licenses & permits | 2,280 | 177 |
| Computer & internet | 2,482 | 1,144 |
| Consulting | 153,520 | _ |
| Dues & subcriptions | . 373 | 1,041 |
| Vending food purchases | - | 827 |
| Management fees | 486,000 | 96,000 |
| Meals & entertainment | 595 | - |
| Insurance expense | 6,312 | _ |
| Interest | ||
| 91 | 117 | |
| Legal | 26,244 | 7,920 |
| Outside services | ||
| 126,166 | 109,190 | |
| Office expenses | . 346 | - |
| Rent | ||
| Research & development | 13,280 | 5,676 |
| Travel | 2,500 | - |
| Telephone | 500 | - - 077 |
| rerebuone | 13,850 | 6,077 |
| TOTAL EXPENSES | 904,789 | 257,282 |
| INCOME FROM OPERATIONS | ( 56,865) | 132,665 |
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, shareholder distributions in 2022 were $(2,557). This indicates that $2,557 was distributed to the shareholder(s) during that year.
Shareholder distributions represent the transfer of assets from the company to its owners. These distributions can take various forms, including cash dividends, stock repurchases, or other forms of property. In this case, the negative value suggests that the company distributed $2,557 more than it received from shareholders in 2022.
For a prospective Bevaris Alliance franchisee, this information provides insight into how the company manages its finances and rewards its owners. While a small distribution in 2022 might not be a major concern, consistent or large distributions could impact the company's ability to reinvest in growth or support its franchisees. It's important to consider this figure in the context of the company's overall financial performance and future plans.