How many Beehive Homes franchises were in the system as of December 31, 2023?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
|---|---|---|---|---|---|---|---|---|
| 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| TN | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| TX | 2022 | 19 | 2 | 0 | 0 | 0 | 0 | 21 |
| 2023 | 21 | 1 | 2 | 0 | 0 | 0 | 20 | |
| 2024 | 20 | 0 | 0 | 0 | 0 | 0 | 20 | |
| UT | 2022 | 44 | 0 | 0 | 0 | 0 | 4 | 40 |
| 2023 | 40 | 0 | 0 | 0 | 0 | 0 | 40 | |
| 2024 | 40 | 0 | 0 | 0 | 0 | 0 | 40 | |
| WI | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Total | 2022 | 198 | 9 | 0 | 0 | 0 | 6 | 201 |
| 2023 | 201 | 3 | 5 | 0 | 0 | 0 | 199 | |
| 2024 | 199 | 5 | 3 | 0 | 0 | 0 | 201 | |
| Year | Homes at start of year | Homes opened | Homes reacquired from franchisees | Homes closed | Homes sold to franchisees | Homes at end of year |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 27–28)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, there were 201 Beehive Homes franchises in the system as of December 31, 2023. This number reflects the total number of franchise locations operating under the Beehive Homes brand at the end of that calendar year.
This information is valuable for prospective franchisees as it provides a snapshot of the size and reach of the Beehive Homes franchise system. Knowing the number of existing franchises can help potential franchisees gauge the brand's market presence and overall stability. It also offers a basis for comparison against other franchise opportunities in the same industry.
However, it's important to note that the number of franchises alone doesn't tell the whole story. Factors such as the geographic distribution of these franchises, their average revenue, and the rate of franchise closures or transfers can further inform a prospective franchisee's decision-making process. Reviewing Item 20 in its entirety will give the potential franchisee a better understanding of the Beehive Homes franchise system.