What is the estimated low 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 low cost for furniture, fixtures, and equipment is $120,000. This investment covers essential items such as beds, dressers, nightstands, easy chairs, living room furnishings, televisions, kitchen utensils and appliances, and laundry appliances. These items are crucial for setting up the Beehive Homes facility and providing a comfortable environment for residents.
The franchisee will need to pay this amount in a lump sum to third-party suppliers before opening the Beehive Homes location. It is important to note that this cost is separate from other initial investments, such as the initial franchise fee, building costs, and supplies and materials inventory. The FDD emphasizes that Beehive Homes does not offer financing for any of these initial investment items, so franchisees must secure their own funding.
Prospective franchisees should carefully consider this significant upfront cost when evaluating the overall financial investment required to start a Beehive Homes franchise. It would be prudent to obtain quotes from multiple suppliers to ensure competitive pricing and to develop a detailed budget that accounts for all necessary furniture, fixtures, and equipment. Understanding the specific requirements and sourcing options can help in managing this substantial portion of the initial investment.