What is the duration of the non-disclosure obligation for Beehive Homes franchisees after the agreement terminates?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
- 8.7. Conflict of Interest. Franchisee covenants that for the duration of this Agreement: (a) neither it nor any Equity Owner shall be employed by or have any direct or indirect financial or ownership interest in any other business providing services of the type described in this Agreement or in the Manual unless such other business is operated pursuant to a franchise granted by Franchisor or its Affiliates; and (b) it will require its resident manager and all employees to execute Franchisor's standard Non-Competition and Non-Disclosure Agreement, signed copies of which will be forwarded by Franchisee to Franchisor within one (1) week after execution or upon the date of employment, whichever is sooner.
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
The 2025 Beehive Homes Franchise Disclosure Document does not explicitly state the duration of the non-disclosure obligation after the franchise agreement terminates. However, it does state in section 8.7 that the franchisee will require its resident manager and all employees to execute Beehive Homes' standard Non-Competition and Non-Disclosure Agreement.
Because the specific duration of the non-disclosure agreement is not outlined in the provided FDD excerpts, prospective franchisees should seek clarification from Beehive Homes regarding the terms and length of the non-disclosure agreement, specifically what happens after the franchise agreement ends. Understanding these obligations is crucial for franchisees to assess any potential limitations on their future business activities after their involvement with Beehive Homes concludes.
It would be prudent to consult with a legal professional to fully understand the implications of the non-disclosure agreement and how it might affect future opportunities. This is especially important if a franchisee anticipates engaging in similar business ventures after leaving the Beehive Homes system.