How is the 'Location' of a 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 'Location' refers to the specific real property where the Beehive Homes facility is situated or will be situated. This location must be approved by Beehive Homes. Section 3.1 of the franchise agreement further identifies the location. The franchise agreement is granted specifically for the construction of one home at this designated location, and any change in the address requires prior written agreement from both parties.
Beehive Homes offers assistance in the selection and evaluation of the location, but the franchisee is ultimately responsible for selecting and obtaining the location. This includes negotiating all related agreements and contracts for the location, as well as any construction or improvements. Beehive Homes recommends that franchisees seek legal counsel and other advisors before entering into any agreements related to the location.
Beehive Homes also covenants that no additional franchises, whether franchised or owned by Beehive Homes, will be sold within the franchisee's territory during the term of the agreement without the franchisee's prior written consent. The territory is determined and may be modified by Beehive Homes, consisting of a perimeter encompassing the location and a population of at least 30,000 people. The franchisee acknowledges that each territory may vary in size, population, shape, and other factors, with Beehive Homes having the final say in determining these aspects.