factual

What are the non-competition covenants during the term of a Beehive Homes franchise?

Beehive_Homes Franchise · 2025 FDD

Answer from 2025 FDD Document

PROVISION FRANCHISE AGREEMENT SECTION SUMMARY
a. Length of the franchise Section 5.1 ten years
term
b. Renewal or extension of Section 5.2 additional ten year renewal periods if you
the term are in good standing
c. Requirements for franchisees to renew or extend Section 5 three to nine month advance notice, approval by US, and signing by YOU of the current form of franchise agreement, which may have materially different terms and conditions from your initial franchise agreement
d. Termination by YOU Not Applicable Not Applicable
e. Termination by US without Not Applicable Not Applicable
cause
f. Termination by US with cause Section 14 WE can terminate if YOU commit certain events of default or other breaches of the Franchise Agreement
g. "Cause" defined - curable defaults Section 14.1 YOU have 30 days to cure: nonpayment of fees, nonperformance of franchise agreement where performance can be completed
h. “Cause” defined - non- curable defaults Section 14.1 non-curable defaults: bankruptcy (may not be enforceable under federal bankruptcy law), unauthorized transfers, abandonment, trademark misuse
i. YOUR obligations on termination/nonrenewal Section 14.4; 14.5; 14.6 & 14.7 pay amounts due; sell Home to Franchisor
j. Assignment of contract by Section 13.1 Assignee reasonably willing and able to
US perform
k. "Transfer" by YOU - Section 2.20; includes transfer of contract or assets and
defined 13.2 change in ownership
l. OUR approval of transfer Section 13.4 prior written approval but not
by YOU unreasonably withheld
m. Conditions for OUR Section 13.4 payment of fees, new franchise
approval of transfer agreement, training
n. OUR right of first refusal Section 13.6 WE can match any offer
to acquire YOUR business
o. OUR option to purchase YOUR business Section 14.5 WE can purchase YOUR business for the initial cost of the real property and the book value of the personal property upon an Event of Default
p. YOUR death or disability Section 13.3 transfer must generally be approved within 6 months. Please refer to the state cover page, if any, accompanying this Franchise Disclosure Document for any special provisions applicable to YOUR state
q. Non-competition Section 12.1 no involvement in competing business
covenants during the term of
the franchise

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 25–27)

What This Means (2025 FDD)

According to Beehive Homes's 2025 Franchise Disclosure Document, franchisees are subject to non-competition covenants during the term of the franchise. Specifically, Section 12.1 of the Franchise Agreement prohibits franchisees from involvement in any competing business during the franchise term.

This means that while operating a Beehive Homes franchise, a franchisee cannot own, operate, or be involved in any other business that competes with Beehive Homes' services. This restriction is in place to protect Beehive Homes' market share, brand reputation, and proprietary business methods.

Prospective franchisees should carefully review Section 12.1 of the Franchise Agreement to fully understand the scope and limitations of this non-competition covenant. It is important to determine what constitutes a "competing business" and whether any activities the franchisee is currently involved in, or plans to pursue, could be considered a violation of this covenant. Franchisees should also consult with a legal professional to assess the implications of this clause on their specific circumstances.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.