What defines a 'New Franchise Outlet' for Bee Organized in a particular Calendar Year?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
- (o) New Franchise Outlet means, as to a particular Calendar Year, a Franchise Outlet that for the first time opened and commenced operations during the Calendar Year.
For example, if a Franchise Outlet first opened for business in February 2023, as to the 2023 Calendar Year, the Franchise Outlet would qualify as a New Franchise Outlet and not as an Operational Franchise Outlet, see definition below.
If this Franchise Outlet remained in operation throughout the 2024 Calendar Year, it would qualify as an Operational Franchise Outlet during the 2024 Calendar Year.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 40–50)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, a 'New Franchise Outlet' is defined as a franchise location that opens and begins operations for the first time during a specific calendar year. For Bee Organized, a calendar year is the 12-month period from January 1 to December 31.
For example, if a Bee Organized franchise outlet opens in February 2023, it is considered a 'New Franchise Outlet' for the 2023 calendar year. However, if that same franchise remains open and operating throughout 2024, it is then classified as an 'Operational Franchise Outlet' during the 2024 calendar year. This distinction is important because Bee Organized tracks and reports financial performance data separately for new and operational outlets.
Bee Organized's decision to categorize outlets as 'new' or 'operational' impacts how financial performance is evaluated and presented in the FDD. New franchisees should pay close attention to these definitions, as the performance of 'Operational Franchise Outlets' may not be indicative of the initial performance they can expect during their first year of operation.