What was the total revenue from vending income for Bevaris Alliance in 2022?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| ASSETS | ||
|---|---|---|
| 2023 | 2022 | |
| CURRENT ASSETS: | ||
| Cash (Notes 2,12) | $ 259,204 | ¢ 256 474 |
| Accounts receivable | $ 256,474 | |
| 5,404 | 29,829 | |
| Prepaid expenses | 31,999 | |
| TOTAL CURRENT ASSETS | 296,607 | 286,303 |
| ORGANIZATION COSTS | 953 | 953 |
| INTELLECTUAL PROPERTY (NOTE 3) | 4,466 | 4,466 |
| SECURITY DEPOSIT | 3,714 | · |
| 5,714 | 1,360 | |
| DEFERRED FRANCHISE DEVELOPMENT | 52,517 | 67,172 |
| COSTS - NET (NOTE 4) | ||
| TOTAL ASSETS | $ 358,257 | $ 360,254 |
| LIABILITIES AND MEMBER' | S EQUITY | |
| CURRENT LIABILITIES: | ||
| Accounts payable | $ 29,075 | $ 25,463 |
| Credit card payable (Note 5) | 5,997 | 2,924 |
| Income taxes payable (Note 2) | 1,985 | |
| Insurance payable | 25,927 | 1,500 |
| System marketing reserve fund (Note 7) | • | 70 220 |
| Line of credit (Note 6) | · | 72,220 |
| , | 1,000 | 0.000 |
| Due to related party (Note 8) | 9,069 | 86,938 |
| TOTAL LIABILITIES | 245,395 | 189,530 |
| MEM |
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the total revenue from vending income in 2022 was $839. This figure represents the income Bevaris Alliance earned directly from vending activities during that year.
For a prospective franchisee, this indicates that vending income, at least at the corporate level, has been a relatively small portion of Bevaris Alliance's overall revenue. In 2022, total revenue was $389,947, making vending income only a minor contributor.
It's important to note that while vending income was $839 for Bevaris Alliance in 2022, this may not reflect the potential vending income for individual franchisees. Franchisees should inquire about the potential for vending income in their specific territories and how it might contribute to their overall revenue streams.