What is the estimated high cost for furniture, fixtures, and equipment for a Beehive Homes franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | High | Low | Method of Payment | When Due | To Whom Paid |
|---|---|---|---|---|---|
| Initial Franchise Fee | $75,000 (1) | $75,000 | Lump Sum | One-third (1/3) upon signing and balance upon earlier of financing or permitting | US |
| Building | $4,500,000 (2) | $2,875,000 (2) | As Incurred (2) | As Incurred (2) | Third Party Lenders and Contractors (2) |
| Furniture, Fixtures and Equipment (3) | $150,000 | $120,000 | Lump |
Source: Item 7 — YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the estimated high cost for furniture, fixtures, and equipment is $150,000. This figure includes items such as beds, dressers, night stands, easy chairs, living room furnishings, televisions, kitchen utensils and appliances, and laundry appliances. The franchisee must pay this amount in a lump sum prior to opening the Beehive Homes location to third-party suppliers.
This is a significant upfront investment that prospective franchisees need to consider. It's important to note that these costs can vary based on factors such as the franchisee's management skills, local economic conditions, and competition. Beehive Homes does not offer financing for these expenses, so franchisees must secure their own funding.
Before making a decision, Beehive Homes advises that prospective franchisees carefully review these figures with a business advisor. This will help ensure they have a clear understanding of the financial commitment involved and can adequately prepare for the initial investment. Understanding the costs associated with furniture, fixtures, and equipment is crucial for planning and securing the necessary capital to launch a Beehive Homes franchise successfully.