What are the specific covenants not to compete that a designated manager of a Bevaris Alliance franchise must adhere to?

According to Bevaris Alliance's 2024 Franchise Disclosure Document, a designated manager must adhere to certain covenants, including not having any interest or business relationship with any of Bevaris Alliance's business competitors. The designated manager is also required to sign a written agreement to maintain the confidentiality of trade secrets. These trade secrets are described in Item 14 of the FDD. The designated manager must also conform to the covenants not to compete described in Item 17 of the FDD.

Item 17 outlines non-competition covenants during the term of the franchise, prohibiting the franchisee from operating or having an interest in a similar business, as detailed in Section 20.1 of the franchise agreement. Furthermore, after the franchise is terminated or expires, Section 20.1 states that the franchisee is prohibited for 24 months from having a connection with a competing business.

Prospective franchisees should carefully review Items 14 and 17, along with Sections 20.1 of the franchise agreement, to fully understand the scope and duration of these non-compete obligations for both themselves and any designated manager they employ. Understanding these restrictions is crucial for planning the long-term operation and potential future ventures related to the Bevaris Alliance business.