How many Beehive Homes locations in Texas closed in 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 |
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 two Beehive Homes locations that closed in Texas during 2023. At the start of 2023, there were 21 locations, 1 location opened, 2 locations closed, and at the end of the year, there were 20 locations. This information is crucial for potential franchisees to understand the stability and turnover of Beehive Homes franchises within Texas.
It is important to note that closures do not inherently indicate failure. They could result from strategic decisions, such as reacquisition by the franchisor or a sale to a new franchisee. However, a high number of closures might warrant further investigation into the factors affecting franchise performance in Texas. Prospective franchisees should inquire about the reasons for these closures to assess any potential risks or challenges specific to the Texas market.
Understanding the dynamics of franchise openings and closures provides valuable insight into the overall health and growth trajectory of Beehive Homes. By examining these trends, potential franchisees can make informed decisions and evaluate the long-term viability of investing in a Beehive Homes franchise within a particular region.