What is the total number of Bevaris Alliance facilities at the end of 2023 across all states?
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, the total number of facilities at the end of 2023 was 5. This total is derived from both franchised and company-owned outlets. Specifically, there were 4 franchised facilities and 1 company-owned facility.
For a prospective franchisee, this indicates the current scale of Bevaris Alliance. The relatively small number of facilities might suggest that the franchise system is still in its early stages of development or has a very selective growth strategy. This could mean more opportunities for new franchisees in untapped markets, but it also implies a shorter track record to evaluate the brand's performance.
It's important to note that these figures reflect the status as of December 31, 2023. The FDD also includes projections for new facilities in the next fiscal year, which could provide insights into the franchisor's growth plans. A prospective franchisee should investigate these projections and understand the factors that could influence the actual number of new openings.
Overall, the limited number of existing facilities suggests that thorough due diligence is essential. A potential franchisee should carefully assess the brand's market presence, growth potential, and the level of support provided by Bevaris Alliance to its franchisees.