How many Beehive Homes locations in Utah closed in 2024?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2022 | 44 | 0 | 0 | 0 | 0 | 4 | 40 | |
|---|---|---|---|---|---|---|---|---|
| 2023 | 40 | 0 | 0 | 0 | 0 | 0 | 40 | |
| 2024 | 40 | 0 | 0 | 0 | 0 | 0 | 40 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 28–33)
What This Means (2025 FDD)
According to the 2025 Beehive Homes Franchise Disclosure Document, there were no Beehive Homes locations closed in Utah during 2024. The provided table in Item 20 includes data on the status of franchised homes for the years 2022, 2023 and 2024. Specifically for Utah, the table shows the number of homes at the start of each year, homes opened, homes reacquired, homes closed, homes sold to franchisees, and homes at the end of the year.
In 2024, Utah had 40 homes at the start of the year and 40 homes at the end of the year. There were no homes opened, reacquired, closed, or sold to franchisees during that year. This indicates a stable market presence for Beehive Homes in Utah during 2024, with no reported closures.
For a prospective franchisee, this information suggests that the Beehive Homes franchise in Utah has demonstrated stability, at least in the short term. However, it is important to conduct further due diligence to understand the longer-term trends and factors that could influence the performance of Beehive Homes in Utah. This includes analyzing market conditions, competition, and the overall demand for assisted living services in the area.