Is there a set amount for the Quality Assurance Fee for a Bevaris Alliance franchise?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remark s |
|---|---|---|---|
| Third Party | Up to $500 per quarter. | Upon invoice. | |
| Quality Assurance | |||
| Audit Fee | |||
| Technology Fee | Will vary under circumstances | As incurred. | Fee for any software licenses used in the ordinary course of business. |
| Franchise Portal | Up to $250 per month. | As incurred. | Fee for Franchise Portal. |
| Fee | (see Note 6) | ||
| Convention Fee | Travel fees and out of pocket expenses but no attendance fee (suggested cost up to $500 per day). | As incurred. | |
| Indemnity | Will vary under circumstances. | As incurred. | You have to reimburse us if we are held liable for claims arising from your Branded Business’s operations. |
| Noncompliance Fee | A $100.00 fee per occurrence. | As incurred | Fee for noncompliance with the Franchise Agreement clause 7. |
| Product or supplier evaluation fee | No fee. | Upon completion of evaluation. | Due if the product or supplier is not approved. |
| Costs and Attorneys’ Fees | Will vary under circumstances. | As incurred by you. | Payable to your attorney for any legal work done to assist you. |
Source: Item 6 — OTHER FEES (FDD pages 8–10)
What This Means (2024 FDD)
According to the 2024 Bevaris Alliance Franchise Disclosure Document, the Quality Assurance Fee does not have a listed amount. The table in Item 6, which outlines other fees, lists the 'Quality Assurance' fee type but leaves the 'Amount' column blank. This means the FDD does not specify a fixed or maximum amount for this fee.
However, the FDD does mention a 'Third Party Quality Assurance Audit Fee' which is listed as 'Up to $500 per quarter.' It is important to note that this is specifically for third-party audits and may not be the same as the general 'Quality Assurance' fee.
Prospective Bevaris Alliance franchisees should clarify with the franchisor the specific costs associated with the Quality Assurance Fee, how it is calculated, and under what circumstances it is charged. Understanding the difference between the general Quality Assurance Fee and the Third Party Quality Assurance Audit Fee is also crucial for budgeting and financial planning.