What was the total number of Bevaris Alliance franchise transfers in 2023?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| All States | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| Totals | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 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, there were zero franchise transfers in 2023. The table provided in Item 20 of the FDD details the transfer of facilities from franchisees to new owners, specifying that across all states, the number of transfers was zero for the year 2023. This suggests that no existing Bevaris Alliance franchises were sold or transferred to new ownership during that period.
For a prospective franchisee, this data point can be interpreted in several ways. On one hand, a low number of transfers could indicate stability within the Bevaris Alliance franchise system, suggesting that franchisees are generally satisfied with their businesses and are not looking to sell. On the other hand, it could also suggest a limited market for resales, potentially making it more difficult for a franchisee to exit the system if they wish to do so.
It is important to note that this data only reflects transfers to new owners other than the franchisor or an affiliate. The FDD does not provide specific details on why there were no transfers. A potential franchisee should inquire further with Bevaris Alliance about the reasons for the lack of transfers and whether this is a typical trend for the franchise system. Understanding the dynamics of franchise resales and transfers is crucial for making an informed investment decision.