What is the Penalty Fee per occurrence for a Beehive Homes franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee (1) | Amount of Fee | When Due | To Whom Paid |
|---|---|---|---|
| Royalty (2) | 5% of Gross Revenues | monthly | US |
| Training (3) | not less than $300 per day inclusive | when incurred | US |
| Consultation After | not less than $300 per day | when negotiated | US |
| Opening (4) | inclusive | ||
| Audit Fees (5) | actual cost | when incurred | Third Parties |
| Transfer Fee (6) | $2,500 or $15,000 | pay at transfer | US |
| Additional Transfer | 10 times calculated annual | pay at transfer | US |
| Fee (6) | Franchise Royalties | ||
| Transfer | 6% of total price | pay at transfer | US |
| Commission (6) | |||
| Penalty Fee (2) | $100 per occurrence | upon demand | US |
| Late Charge (2) | 10% of late payment | upon demand | US |
| Interest Charge (2) | 18% per annum on past due royalties | upon demand | US |
| Examination Fee (2) | actual cost | upon demand | US |
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2025 FDD)
According to Beehive Homes's 2025 Franchise Disclosure Document, a franchisee may be subject to a penalty fee of $100 per occurrence. This fee is payable to Beehive Homes upon demand. The FDD outlines several other fees, including royalties of 5% of gross revenues, training fees, consultation fees, audit fees, and transfer fees.
The penalty fee is listed alongside other potential charges such as late charges of 10% of the late payment, interest charges of 18% per annum on past due royalties, and examination fees. These fees are in addition to the standard royalty and other operational costs, so prospective franchisees should factor them into their financial planning.
It is important for potential Beehive Homes franchisees to understand the circumstances under which this penalty fee may be imposed. While the FDD specifies the amount, it does not detail the specific violations or situations that would trigger the fee. Therefore, prospective franchisees should seek clarification from Beehive Homes regarding the specific instances that could lead to the assessment of this $100 penalty fee.