At the end of 2023, how many franchised Beehive Homes locations were there?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Home Type | Year | Homes at the start of the year | Homes at the end of the year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 198 | 201 | 3 |
| “ | 2023 | 201 | 199 | < 2 > |
| “ | 2024 | 199 | 201 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 28–33)
What This Means (2025 FDD)
According to Beehive Homes's 2025 Franchise Disclosure Document, at the end of 2023, there were 199 franchised Beehive Homes locations. This number reflects a net decrease of 2 homes during 2023, as the number started at 201 at the beginning of the year.
This information is crucial for potential franchisees as it provides a snapshot of the brand's growth and stability. A decrease in the number of franchised locations could indicate challenges within the franchise system, such as closures or terminations. However, it is important to consider the context of this change. For example, the FDD also lists the number of homes opened, reacquired, closed, and sold, which provides a more complete picture of the changes in the Beehive Homes franchise network.
Prospective franchisees should investigate the reasons behind the net decrease in franchised locations. Understanding whether the closures were due to franchisee performance, market conditions, or other factors is essential for assessing the overall health and potential risks of investing in a Beehive Homes franchise. This information, combined with conversations with current and former franchisees, can provide a more comprehensive understanding of the franchise system's dynamics.