In an assignment scenario, what fees must the assignee pay under the Beehive Homes Franchise Agreement?

According to Beehive Homes' 2025 Franchise Disclosure Document, an assignee in a franchise agreement must pay all fees and fulfill all obligations outlined in the original Franchise Agreement. This means the assignee takes on the financial responsibilities and operational duties as if they were the original franchisee.

This requirement ensures that Beehive Homes maintains consistent revenue streams and operational standards across all its franchise locations, even when ownership changes. The assignee should carefully review the original Franchise Agreement to understand the full scope of these financial and operational obligations. These obligations could include the initial franchise fee, ongoing royalty fees, and any other fees stipulated in the agreement.

For a prospective Beehive Homes franchisee, this means that if they are considering purchasing an existing franchise, they need to be prepared to meet all the financial and operational requirements of the original agreement. This includes understanding the royalty structure, marketing contributions, and any other ongoing fees. It is essential to conduct thorough due diligence to assess the financial health and operational standing of the franchise before agreeing to the assignment.