To whom is payment made 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 permitti |
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, payments for furniture, fixtures, and equipment are made to Third Party Suppliers. This is detailed in the table outlining the estimated initial investment for a Beehive Homes franchise. The cost for these items ranges from $120,000 to $150,000, payable as a lump sum prior to opening the franchise.
Furniture, fixtures, and equipment encompass essential items such as beds, dressers, nightstands, easy chairs, living room furnishings, televisions, kitchen utensils and appliances, and laundry appliances. These are crucial for setting up the Beehive Homes facility and ensuring it meets the brand's standards and provides a comfortable environment for residents.
Prospective franchisees should factor this significant upfront cost into their initial investment calculations. It is important to research and compare different suppliers to obtain the best value for these items. Negotiating favorable terms with suppliers could potentially reduce the overall initial investment. Since Beehive Homes does not offer financing for these expenses, franchisees must secure their own funding through third-party lenders or personal resources.