How many Beehive Homes locations in Texas closed in 2022?
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 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 28–33)
What This Means (2025 FDD)
According to Beehive Homes's 2025 Franchise Disclosure Document, there were zero Beehive Homes locations closed in Texas during 2022. The provided table in Item 20 includes information about the status of Beehive Homes franchises, including the number of homes opened, reacquired, closed, and sold. Specifically, for Texas in 2022, the table indicates that 19 homes were operating at the start of the year, 2 homes were opened, and zero homes were reacquired, closed, or sold. This resulted in 21 homes operating at the end of 2022.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Beehive Homes franchises in Texas. A prospective franchisee can see that no closures occurred in Texas during 2022, which may indicate a healthy market or effective franchise management in that state. This data point, combined with other factors such as market analysis and financial projections, can help a potential franchisee assess the risk and potential of investing in a Beehive Homes franchise in Texas.
It's important to note that while no homes closed in Texas during 2022, the table also shows that two homes closed in Texas during 2023. This highlights the importance of reviewing multiple years of data to identify any trends or potential issues. A prospective franchisee should also consider factors such as local market conditions, competition, and the specific location of the franchise when evaluating the risk of closure.