What is the initial transfer fee for a Permitted Transfer of a Beehive Homes franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
If WE consent to a transfer of the franchise by YOU, a fee of $2,500.00 for certain Permitted Transfers or $15,000.00 for certain approved transfers must be paid, by either YOU or the approved transferee to reimburse US for OUR reasonable legal, accounting, credit or other investigation expenses. This transfer fee is nonrefundable and is payable at the time of the approved transfer. If WE arrange the transferee for YOU, YOU must pay US a nonrefundable commission equal to six percent (6%) of the gross transfer price, in addition to the transfer fee. For certain Unauthorized Transfers, YOU will pay US a transfer fee equal to 10 times the amount of Franchise Fees paid for the highest 12 of the 18 months preceding the transfer.
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, a franchisee may not transfer their franchise without prior written consent from Beehive Homes. If Beehive Homes consents to the transfer, the franchisee or the approved transferee must pay a fee. For certain Permitted Transfers, the transfer fee is $2,500.00. For certain approved transfers the fee is $15,000.00. This fee reimburses Beehive Homes for reasonable legal, accounting, credit, or other investigation expenses. The transfer fee is nonrefundable and must be paid at the time of the approved transfer.
If Beehive Homes arranges the transferee for the franchisee, the franchisee must pay Beehive Homes a nonrefundable commission equal to six percent (6%) of the gross transfer price, in addition to the transfer fee. For certain Unauthorized Transfers, the franchisee will pay Beehive Homes a transfer fee equal to 10 times the amount of Franchise Fees paid for the highest 12 of the 18 months preceding the transfer.
The FDD also provides a table summarizing the transfer fee. The transfer fee is either $2,500 or $15,000, and is due when the franchise is transferred. The fee is paid to Beehive Homes. There is also an additional transfer fee which is 10 times the calculated annual Franchise Royalties, and is paid at the time of transfer to Beehive Homes. Finally, there is a transfer commission of 6% of the total price, paid at the time of transfer to Beehive Homes.