How many Beehive Homes franchise agreements have been signed but the home not opened in Ohio?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreement signed but Home not opened | Projected new franchised Homes in the next fiscal year | Projected new Company owned Homes in the next fiscal year |
|---|---|---|---|
| GA | 2 | 1 | 0 |
| KY | 1 | 1 | 0 |
| MO | 1 | 0 | 0 |
| MS | 2 | 1 | 0 |
| NJ | 1 | 0 | 0 |
| OH | 2 | 1 | 0 |
| OK | 1 | 1 | 0 |
| TX | 3 | 1 | 0 |
| Total | 13 | 6 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 28–33)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, as of December 31, 2024, there were two franchise agreements signed in Ohio for Beehive Homes locations that had not yet opened. This means that the franchisee has committed to opening a location, but the location is not yet operational. This could be due to various factors such as securing real estate, construction delays, or obtaining necessary licenses and permits.
For a prospective franchisee, this information is relevant for a few reasons. First, it indicates the level of development activity in Ohio. Second, it provides an opportunity to inquire about the reasons why these locations have not yet opened. Understanding the challenges faced by other franchisees in the state can help a new franchisee prepare for potential hurdles.
It's also worth noting that Beehive Homes projects one new franchised home to open in Ohio in the next fiscal year. This suggests that the brand is actively looking to expand its presence in the state. A prospective franchisee should inquire about the specific locations being targeted for development and the level of support Beehive Homes provides to new franchisees during the opening process.