What is the estimated time period covered by the utilities costs for a Beehive Homes franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
- (7) Utilities for the first six months.
| Type of Expenditure | High | Low | Method of Payment | When Due | To Whom Paid |
|---|---|---|---|---|---|
| Utilities (7) | $5,200 | $5,000 | As Incurred | As Incurred | Third Party Suppliers |
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 initial investment for utilities covers the first six months of operation. The FDD specifies that this estimate is for 'Utilities for the first six months.' This means a prospective franchisee should budget enough capital to cover utility expenses like electricity, gas, water, and internet for the first half-year of business.
The estimated cost for these utilities ranges from $5,000 to $5,200, as detailed in the table outlining the initial investment. These costs are paid as incurred to third-party suppliers. It's important to note that this is just an estimate, and actual utility costs can vary depending on factors such as location, energy consumption, and local utility rates.
Prospective Beehive Homes franchisees should carefully consider these estimates and research local utility costs to develop a more accurate budget for their specific location. It would be prudent to contact local utility companies to get estimates based on the anticipated usage of an 8,000 to 12,000 square foot building, which is the typical size of a Beehive Homes facility.