When is the Additional Transfer Fee due 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 |
| Consultation After | not less than $300 per day | when negotiated | US |
| Opening (4) | inclusive | ||
| Audit Fees (5) | actual cost | when incurred | Third Parties |
| Transfer Fee (6) | $2,500 or $15,000 | pay at transfer | US |
| Additional Transfer | 10 times calculated annual | pay at transfer | US |
| Fee (6) | Franchise Royalties | ||
| Transfer | 6% of total price | pay at transfer | US |
| Commission (6) | |||
| Penalty Fee (2) | $100 per occurrence | upon demand | US |
| Late Charge (2) | 10% of late payment | upon demand | US |
| Interest Charge (2) | 18% per annum on past due royalties | upon demand | US |
| Examination Fee (2) | actual cost | upon demand | US |
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2025 FDD)
According to Beehive Homes's 2025 Franchise Disclosure Document, the Additional Transfer Fee is due at the time of the transfer. The Additional Transfer Fee is triggered by certain unauthorized transfers and is calculated as 10 times the calculated annual Franchise Royalties.
In addition to the Additional Transfer Fee, Beehive Homes also charges a standard transfer fee. This fee is $2,500 for certain permitted transfers or $15,000 for other approved transfers. There is also a transfer commission of 6% of the total price if Beehive Homes arranges the transferee.
It is important for a prospective Beehive Homes franchisee to understand the conditions under which each of these transfer fees are applied. Paying the additional transfer fee could be a substantial cost, so understanding what constitutes an unauthorized transfer is critical.