How many Beehive Homes locations were reacquired from franchisees in 2024?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
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 | |---|---|---|---|---|---|---| | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | | 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 | Table No.
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 3 homes reacquired from franchisees in 2024. This information is part of a table summarizing system-wide home data. The table also includes data on homes at the start of the year, homes opened, homes closed, homes sold to franchisees, and homes at the end of the year.
This data point is crucial for potential franchisees as it provides insight into the stability and performance of existing Beehive Homes franchises. A high number of reacquired homes could indicate underlying issues with the franchise system, such as lack of profitability or franchisee support. Conversely, a low number, as is the case here, may suggest a healthy and well-managed franchise network.
It's important to note that while this table provides a system-wide overview, it doesn't offer specific details about the reasons for reacquisition. A prospective franchisee should investigate further to understand the circumstances behind these reacquired homes. This could involve speaking with current and former franchisees, as well as directly addressing the franchisor with specific questions about the reacquisition process and criteria.
Overall, the number of reacquired homes is a valuable metric for assessing the health and stability of a franchise system. While Beehive Homes' 2024 figure appears relatively low, further investigation is always recommended to gain a comprehensive understanding of the franchise opportunity.