What was the net change in the number of Beehive Homes franchised locations during 2023?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Home Type | Year | Homes at the start of the year | Homes at the end of the year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 198 | 201 | 3 |
| “ | 2023 | 201 | 199 | < 2 > |
| “ | 2024 | 199 | 201 | 2 |
| Company Owned | 2022 | 0 | 0 | 0 |
| “ | 2023 | 0 | 0 | 0 |
| “ | 2024 | 0 | 0 | 0 |
| Total Homes | 2022 | 198 | 201 | 3 |
| “ | 2023 | 201 | 199 | < 2 > |
| “ | 2024 | 199 | 201 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 28–33)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the net change in the number of franchised locations during 2023 was a decrease of 2 homes. At the start of 2023, there were 201 franchised Beehive Homes, and by the end of the year, the number had decreased to 199.
This decrease could be due to several factors, such as closures, terminations, or non-renewals of franchise agreements. It is important to note that while the total number of franchised homes decreased, this does not necessarily reflect the performance of individual locations. Some locations may have been successful, while others may have struggled.
A prospective franchisee should inquire about the reasons for the net decrease in franchised locations during 2023. Understanding the factors that contributed to this decrease can help a potential franchisee assess the risks and opportunities associated with investing in a Beehive Homes franchise. It would be prudent to ask the franchisor about the performance of locations that closed or terminated their agreements, and what support is provided to help franchisees succeed.