What interest rate does the unpaid balance of shareholder receivables bear for Beehive Homes?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
non-interest bearing.
The Company has shareholder receivables totaling $74,938, $12,084, and $27,474 for the years ended December 31, 2024, 2023, and 2022, respectively. The unpaid balance of the receivable bears interest at a rate of 4.19% and is payable annually. The receivab
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the company has shareholder receivables. The unpaid balance of these receivables bears interest at a rate of 4.19% and is payable annually. The receivables themselves are due on demand.
This means that Beehive Homes has lent money to its shareholders, and these shareholders are obligated to pay interest on the outstanding balance at a rate of 4.19% per year. This interest is paid annually. Additionally, Beehive Homes can demand immediate repayment of the principal amount of the receivables at any time.
For a prospective franchisee, this information provides insight into Beehive Homes' financial dealings with its shareholders. While it doesn't directly impact the franchisee's operations, it's part of the overall financial picture of the company. Understanding these related-party transactions can help a franchisee assess the financial health and stability of Beehive Homes.