How many Beehive Homes locations in Utah were open at the start of 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 | |
| UT | 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 Beehive Homes' 2025 Franchise Disclosure Document, there were 44 Beehive Homes locations open in Utah at the start of 2022, and 40 locations open at the start of 2023. By the end of 2023, there were still 40 locations open. In 2024, there were 40 locations open at the start of the year, and 40 locations open at the end of the year.
This information is crucial for potential franchisees as it provides a clear picture of Beehive Homes' presence and stability in Utah. The number of homes open at the start of 2023 indicates the existing market saturation and brand recognition in the state. A consistent number of locations from year to year can suggest a stable market, but it's important to investigate further to understand the dynamics behind these numbers.
For a prospective franchisee, this data highlights the importance of conducting thorough market research within Utah. Understanding why the number of Beehive Homes locations remained constant between 2023 and 2024 is essential. This could be due to various factors such as market saturation, regulatory constraints, or strategic decisions by the franchisor. It is important to evaluate whether the existing locations are thriving and if there is potential for new Beehive Homes in specific areas of Utah.
Ultimately, while the FDD provides this historical data, prospective franchisees should engage in direct conversations with the franchisor and existing franchisees to gain a deeper understanding of the Utah market. This will help in assessing the opportunities and challenges associated with opening a Beehive Homes franchise in the state.