Does the Beehive Homes Franchisor make any guarantees about the accuracy of information from other franchisees?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee acknowledges to have carefully read this Agreement and the Bee Hive Homes Franchise Disclosure Document and understands and accepts the terms, conditions and covenants contained in this Agreement as being reasonably necessary to maintain Franchisor's high standards of quality and service and the uniformity of those Standards at each Home using the System under the Names and Marks. Franchisee has conducted an independent investigation of the business venture contemplated by this Agreement and recognizes that, like any other business, the nature of the business conducted at a Home using the System may change over time, that an investment in a Home involves business risks and that Franchisee's business abilities and efforts are vital to the success of the venture. Any information Franchisee may acquire from franchisees of other Homes relating to their sales, profits or cash flows does not constitute information obtained from Franchisor, nor does Franchisor make any representation as to the accuracy of any such information.
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, Beehive Homes does not guarantee the accuracy of information that a prospective franchisee may obtain from existing Beehive Homes franchisees. Specifically, any details regarding sales, profits, or cash flows shared by other franchisees are not considered information provided by Beehive Homes.
This means that Beehive Homes franchisees must conduct their own independent investigation of the business venture. Prospective franchisees should not rely solely on information obtained from other franchisees when making their investment decision. Beehive Homes explicitly states that it makes no representations regarding the accuracy of information shared by its franchisees.
This acknowledgement is part of the agreement that the franchisee has carefully read the Bee Hive Homes Franchise Disclosure Document and understands the terms, conditions, and covenants contained within. The franchisee recognizes that the business may change over time, involves business risks, and their own abilities and efforts are vital to the success of the venture.