How many company-owned Beehive Homes locations were operating at the start of 2024?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
2023/2022
| Home Type | Year | Homes at the start of the year | Homes at the end of the year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 198 | 201 | 3 |
| “ | 2023 | 201 | 199 | < 2 > |
| “ | 2024 | 199 | 201 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 28–33)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, there were zero company-owned homes operating at the start of 2024. The provided table, "Table No. 4 Status of Company-Owned Homes For Years Ended December 31, 2024/2023/2022", indicates that for the years 2022, 2023, and 2024, the number of company-owned homes at the start of each year was consistently zero.
This information is crucial for potential franchisees as it clarifies that Beehive Homes primarily operates through a franchise model rather than directly managing its own locations. This may suggest that the franchisor's expertise and focus are geared towards supporting franchisees rather than competing with them through company-owned outlets.
The absence of company-owned homes could also imply that Beehive Homes relies entirely on franchisees to expand its brand presence and market reach. A prospective franchisee might want to inquire about the franchisor's strategy for ensuring brand consistency and quality control across franchised locations, given the lack of direct company management. It would also be prudent to understand the support and training provided to franchisees to maintain operational standards and customer satisfaction in the absence of corporate-run locations.