Does Beehive Homes provide assistance with obtaining financing arrangements for the franchise?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
C. The typical length of time between the signing of the Franchise Agreement with the accompanying payment of one-third (1/3) of the initial franchise fee and the opening of YOUR Bee Hive Home can vary greatly, up to 18 months to 30 months. Factors affecting this length of time usually include obtaining a satisfactory location, financing arrangements, finalizing architectural plans conforming with applicable building codes, local zoning and ordinance compliance, permitting, site improvement, construction of the Home and delivery and installation of decor, fixtures and equipment. Healthcare licensing and certification of the Home and employees does not generally cause any significant delays in the process.
- D.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 17–21)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, while Beehive Homes does not directly provide financing, they do acknowledge the importance of "financing arrangements" as a factor affecting the time it takes to open a Beehive Homes franchise. The document states that the time between signing the Franchise Agreement and opening a Beehive Home can vary greatly, from 18 to 30 months, and securing financing is one of the factors influencing this timeframe.
Beehive Homes will provide assistance and guidance in negotiating construction, equipment, and supply contracts for the construction, furnishing, and equipping of the Home upon request. However, the franchisee is solely responsible for the terms of all contracts and exercising adequate supervision.
Prospective franchisees should note that securing adequate financing is their responsibility, and they should factor in the time required for this process when planning their franchise launch. It would be prudent for potential franchisees to discuss financing options and preferred lenders with Beehive Homes during their due diligence to better understand available resources and typical financing pathways pursued by other franchisees.