How many Beehive Homes locations in Utah opened in 2024?
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 zero homes opened in Utah during 2024. The provided table outlines the status of Beehive Homes locations, including the number of homes at the start of the year, homes opened, reacquired, closed, sold, and the number of homes at the end of the year.
Specifically, for Utah in 2024, the table indicates the number of homes at the start of the year was 40, and the number of homes opened was 0. This means that there was no growth in the number of Beehive Homes locations in Utah during that year, at least in terms of new openings. The number of homes at the end of the year remained at 40, further confirming that no new locations were opened.
For a prospective franchisee, this data point is crucial as it provides insight into the recent expansion activity of Beehive Homes in Utah. A lack of new openings could indicate market saturation, a strategic decision by the franchisor to focus on other regions, or other factors affecting growth in the state. It would be prudent for a potential franchisee to investigate the reasons behind the absence of new openings in Utah during 2024 to better assess the opportunities and challenges in that market.