Where is the 'Location' of the Beehive Homes franchise defined?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
- 2.10. "Location" means the real property on which the Home is located or is to be located, as approved by Franchisor, and as more specifically identified in Section 3.1 her
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the term 'Location,' referring to the real property where the Beehive Homes facility is situated, is defined in Section 3.1 of the franchise agreement. While Beehive Homes offers assistance in the selection and evaluation of potential locations, the franchisee bears the ultimate responsibility for choosing and securing the location.
Furthermore, the franchisee is responsible for all negotiations related to agreements and contracts concerning the location, including construction and improvements. Beehive Homes emphasizes the importance of franchisees consulting with legal counsel and other advisors before entering into any location-related agreements. The franchise is granted specifically for one Beehive Homes location, and any change in the address requires prior written agreement from both parties.
Beehive Homes also covenants not to sell another franchise within the franchisee's territory without prior written consent. The territory's size and population, encompassing at least 30,000 people, are determined and may be modified by Beehive Homes. Franchisees acknowledge that territories may vary and waive any claims against Beehive Homes regarding the characteristics of their territory compared to others.