When is payment due for furniture, fixtures, and equipment for a Beehive Homes franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | High | Low | Method of Payment | When Due | To Whom Paid |
|---|---|---|---|---|---|
| Initial Franchise Fee | $75,000 (1) | $75,000 | Lump Sum | One-third (1/3) upon signing and balance upon earlier of financing or permitting | US |
| Building | $4,500,000 (2) | $2,875,000 (2) | As Incurred (2) | As Incurred (2) | Third Party Lenders and Contractors (2) |
| Furniture, Fixtures and Equipment (3) | $150,000 | $120,000 | Lump |
Source: Item 7 — YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Beehive Homes's 2025 Franchise Disclosure Document, payment for furniture, fixtures, and equipment is due prior to opening the franchise. This is a lump sum payment made to third-party suppliers. The estimated cost for these items ranges from $120,000 to $150,000. These costs include items such as beds, dressers, night stands, easy chairs, living room furnishings, televisions, kitchen utensils and appliances, and laundry appliances.
This requirement means that a prospective Beehive Homes franchisee must have the full amount available before the franchise can open. This is a significant upfront cost that franchisees need to factor into their initial investment and financing plans. Unlike some other expenses that are incurred over time, this is a one-time payment that must be made before operations can begin.
It is important for potential Beehive Homes franchisees to obtain detailed quotes from suppliers to accurately estimate these costs. While the FDD provides a range, actual costs can vary based on the specific items selected and supplier pricing. Careful planning and budgeting are essential to ensure that the franchisee has sufficient capital to cover these expenses and avoid delays in opening the franchise.