What are the possible amounts for the Transfer Fee for a Beehive Homes franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
If WE consent to a transfer of the franchise by YOU, a fee of $2,500.00 for certain Permitted Transfers or $15,000.00 for certain approved transfers must be paid, by either YOU or the approved transferee to reimburse US for OUR reasonable legal, accounting, credit or other investigation expenses. This transfer fee is nonrefundable and is payable at the time of the approved transfer. If WE arrange the transferee for YOU, YOU must pay US a nonrefundable commission equal to six percent (6%) of the gross transfer price, in addition to the transfer fee. For certain Unauthorized Transfers, YOU will pay US a transfer fee equal to 10 times the amount of Franchise Fees paid for the highest 12 of the 18 months preceding the transfer.
NOTE: These fees are uniformly imposed on all franchisees.
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, there are several possible transfer fees associated with transferring a franchise. The standard transfer fee is either $2,500.00 for certain permitted transfers or $15,000.00 for other approved transfers. This fee is to reimburse Beehive Homes for legal, accounting, credit, and other investigation expenses and is nonrefundable, payable at the time of the approved transfer.
In addition to the standard transfer fee, if Beehive Homes arranges the transferee for the franchisee, the franchisee must pay Beehive Homes a nonrefundable commission equal to six percent (6%) of the gross transfer price. There is also an additional transfer fee for certain unauthorized transfers. This fee is equal to 10 times the amount of Franchise Fees paid for the highest 12 of the 18 months preceding the transfer.
These fees are uniformly imposed on all Beehive Homes franchisees. It is important for prospective franchisees to understand these potential costs associated with transferring their franchise, as they can significantly impact the financial outcome of a sale. Franchisees should carefully review the conditions under which each fee applies to avoid unexpected expenses.