What is the high estimate for travel, meals, and lodging for training 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 |
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 high estimate for travel, meals, and lodging during the training period is $10,000. This cost is paid as incurred to airlines, hotels, and restaurants.
This estimate covers the expenses a franchisee should expect to pay while attending the initial training program. These costs can fluctuate depending on factors such as the distance to the training location, the duration of the training, and the franchisee's personal spending habits. It is important to note that these are just estimates, and actual costs may vary.
Prospective franchisees should budget accordingly and consider these expenses when evaluating the overall financial investment required to start a Beehive Homes franchise. It would be prudent to discuss with current franchisees their actual expenses for travel, meals, and lodging during training to gain a more realistic understanding of potential costs.