factual

Does the resident manager of a Beehive Homes franchise need to have an ownership interest in the franchise?

Beehive_Homes Franchise · 2025 FDD

Answer from 2025 FDD Document

YOU are not required by the terms of the Franchise Agreement to personally participate in the operation of the Bee Hive Home. The franchise business must be directly supervised "onsite" by YOU or a resident manager who has successfully completed the training program. The resident manager may or may not have an ownership interest in the franchise. YOU and YOUR resident manager are required to complete a training program conducted by US. YOU also agree to require each additional resident manager to be trained either by YOU or by US. Resident managers need not be approved by US.

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 24)

What This Means (2025 FDD)

According to Beehive Homes' 2025 Franchise Disclosure Document, a resident manager is not required to have an ownership interest in the franchise. The FDD states that the Beehive Homes franchise must be directly supervised "onsite" by the franchisee or a resident manager who has successfully completed the training program. The resident manager may or may not have an ownership interest in the franchise.

Both the franchisee and the resident manager are required to complete a training program conducted by Beehive Homes. The franchisee must also ensure that any additional resident managers are trained either by the franchisee or by Beehive Homes. It is important to note that resident managers do not need to be approved by Beehive Homes.

This provides flexibility for the franchisee in managing their Beehive Homes location. They can choose to hire a resident manager without requiring them to invest in the franchise, or they can opt to have a resident manager who is also an owner. The key requirement is that the location is directly supervised by someone who has completed the necessary training.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.