What was the total number of company-owned Bevaris Alliance facilities at the end of 2022?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Facilities at the Start of the year | Facilities at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 4 | 4 | |
| 2023 | 4 | 4 | 0 | |
| Company-Owned2 | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 1 | 1 | |
| 2023 | 1 | 1 | 0 | |
| Total Outlets | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 5 | 5 | |
| 2023 | 5 | 5 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 19–21)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, at the end of 2022, Bevaris Alliance had one company-owned facility. The table provided in Item 20 outlines the status of company-owned facilities from 2021 to 2023.
Specifically, the table shows that at the beginning of 2022, there were zero company-owned facilities. During 2022, one facility was added, resulting in a total of one company-owned facility at the end of the year. This single facility remained company-owned through 2023, with no additional changes.
This information is valuable for prospective franchisees as it provides insight into the company's operational structure and its involvement in direct facility management. The fact that Bevaris Alliance operates company-owned facilities suggests they have direct experience in running the business, which can be beneficial for franchisees seeking support and guidance. However, the limited number of company-owned facilities compared to franchised ones may also indicate a preference for the franchise model.