What was the average reported revenue for Beehive Homes franchises in 2023?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
74,000.
At December 31, 2023 there were 198 BeeHive Homes franchises in the BeeHive Homes system. We solicited revenue numbers from each of these franchise Homes and received responses from 106 franchisees. Of the 106 responses, 28 owners reported revenues of$950,000 or more, which is 26% of the responding BeeHive Homes franchises. Of the 106 responses, the average reported revenues were $843,000, with a high of $1,941,000 and a low of $
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 27–28)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the average reported revenues for Beehive Homes franchises in 2023 was $843,000. This figure is based on data collected from 106 responding franchisees out of a total of 198 franchises in the Beehive Homes system as of December 31, 2023. It's important to note that this average is derived from the revenues reported by these specific franchisees and may not be representative of the entire Beehive Homes network.
The FDD also indicates that within the 106 responses, individual franchise performance varied significantly. The highest reported revenue was $1,941,000, while the lowest was $216,000. Additionally, 28 of the 106 franchisees (26%) reported revenues of $950,000 or more. This demonstrates a wide range of financial outcomes among Beehive Homes franchises, which could be influenced by factors such as location, market conditions, and management effectiveness.
Prospective franchisees should be aware that the financial performance of existing Beehive Homes franchises is not necessarily indicative of future results. The FDD explicitly states that a new franchisee's individual financial results may differ from the stated averages. Factors such as the size and demographics of the local market can impact revenue potential. Beehive Homes also emphasizes that the reporting franchises have been in business for at least two years, suggesting that it may take time to reach the reported revenue levels. Therefore, it is crucial for potential franchisees to conduct thorough due diligence and consider their own circumstances when evaluating the financial opportunity presented by Beehive Homes.