When is the first one-third of the initial Beehive Homes franchise fee payable?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
YOU must pay an initial franchise fee of $75,000 for the first franchise. The initial franchise fee includes all fees and payments for services or goods received from US before YOUR franchise opens. This initial franchise fee is payable one-third (1/3) upon the signing of the Franchise Agreement and the balance in full upon the earlier of (i) funding of a construction loan for the Home, or (ii) issuance of a building permit for the Home. If the initial franchise fee is not paid in full on or before the date which is one year after the date of the Franchise Agreement, WE, in our sole discretion, may terminate the Franchise Agreement, and no fees will be refunded to YOU. However, franchises in some states may be subject to special payment terms.
YOU may purchase additional franchises, with the approval of the Franchisor, by paying a reduced initial franchise fee of $50,000.00 per franchise. This initial franchise fee for additional franchises is payable in full upon the signing of the franchise agreement for the additional franchise.
All franchisees pay the same initial franchise fees. All franchise fees are nonrefundable.
ITEM 6.
Source: Item 5 — INITIAL FEES (FDD page 11)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the initial franchise fee is $75,000 for the first franchise. The first one-third of this fee is payable upon the signing of the Franchise Agreement. The remaining balance is due upon the earlier of (i) funding of a construction loan for the Home, or (ii) issuance of a building permit for the Home.
Beehive Homes requires the full initial franchise fee to be paid within one year of signing the Franchise Agreement. Failure to do so may result in the termination of the agreement, with no refund of fees paid. This condition emphasizes the importance of securing financing and obtaining necessary permits promptly after signing the agreement.
For franchisees purchasing additional Beehive Homes franchises, the initial franchise fee is reduced to $50,000 per franchise. This fee is payable in full upon signing the franchise agreement for the additional franchise. All franchise fees paid to Beehive Homes are nonrefundable, regardless of the circumstances.