How many Beehive Homes franchises were transferred in Utah during 2023?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
2023/2022
| State | Year | Number of Transfers |
|---|---|---|
| MS | 2022 | 7 |
| " | 2023 | 0 |
| " | 2024 | 0 |
| MT |
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 2 franchise transfers in Utah during 2023. This information is based on Table No. 2, which tracks transfers of homes from franchisees to new owners, excluding transfers back to the franchisor. This data is for the years ending December 31, 2024, 2023, and 2022.
Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or due to personal circumstances. The number of transfers can be an indicator of franchisee satisfaction or the overall health of the franchise system within a specific region. A high number of transfers might suggest potential issues, while a low number could indicate stability.
For a prospective Beehive Homes franchisee, understanding the transfer history in their desired area is crucial. It provides insights into the local market dynamics and the experiences of existing franchisees. Investigating the reasons behind any transfers can offer valuable lessons and help in making an informed decision about investing in a Beehive Homes franchise.
It's also important to note that Beehive Homes provides contact information for current and former franchisees, although some may have confidentiality provisions restricting their ability to speak openly about their experiences. Speaking with current and former franchisees can provide additional context to the transfer data and help a potential franchisee assess the opportunities and challenges of owning a Beehive Homes franchise in Utah.