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What was the total number of Bevaris Alliance facilities at the end of 2022?

Bevaris_Alliance Franchise · 2024 FDD

Answer 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, there were a total of 5 facilities. This total is comprised of 4 franchised facilities and 1 company-owned facility.

Specifically, the FDD outlines the changes in both franchised and company-owned facilities between 2021 and 2023. For franchised facilities, the number increased from 0 at the start of 2022 to 4 by the end of the year. The company-owned facilities increased from 0 to 1 during the same period. In 2023, there was no net change in either franchised or company-owned facilities, with both remaining at 4 and 1, respectively.

This information is crucial for potential franchisees as it provides a snapshot of the brand's growth and composition. A prospective franchisee can see how many outlets are franchised versus company-owned, which may offer insights into the franchisor's business model and priorities. It also gives an idea of the overall size of the Bevaris Alliance network.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.