How is the Additional Transfer Fee calculated for a Beehive Homes franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee (1) | Amount of Fee | When Due | To Whom Paid |
|---|---|---|---|
| Royalty (2) | 5% of Gross Revenues | monthly | US |
| Training (3) | not less than $300 per day inclusive | when incurred | US |
| C |
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, an additional transfer fee is required for certain unauthorized transfers. This fee is calculated as 10 times the amount of Franchise Royalties, based on the highest 12 months out of the 18 months preceding the transfer. This fee is payable at the time of the transfer to Beehive Homes.
In addition to this additional transfer fee, the standard transfer fee is either $2,500 or $15,000 depending on the type of transfer. There is also a transfer commission of 6% of the total price if Beehive Homes arranges the transfer.
This fee structure highlights the importance of adhering to the franchise agreement and seeking approval for any transfer of ownership. Unauthorized transfers can result in significant financial penalties for a Beehive Homes franchisee.