factual

Is the Beehive Homes transfer processing fee refundable?

Beehive_Homes Franchise · 2025 FDD

Answer from 2025 FDD Document

est or the Home; (ii) Franchisee or its Equity Owner(s) delivers to Franchisor, at least thirty (30) days prior to the proposed Permitted Transfer, a written notice (the "Permitted Transfer Request") which includes the identity and contact information for all proposed transferees and any other information Franchisor may require in order to review the proposed Permitted Transfer; (iii) Franchisee or its EquityOwner(s) pays to Franchisor a nonrefundable processing fee of Two Thousand Five Hundred Dollars ($2,500.00) with the Permitted Transfer Request; and (iv) Franchisee or its EquityOwner(s) complies with Franchisor's then current procedure for processing Permitted Transfers, including the execution of all documents required by Franchisor, including the then current form of Franchise Agreement in use by the Franchisor, for the assumption by proposed transfe

Source: Item 23 — RECEIPTS (FDD pages 34–123)

What This Means (2025 FDD)

According to Beehive Homes's 2025 Franchise Disclosure Document, the transfer processing fee is nonrefundable. Specifically, if a franchisee or their equity owner seeks to engage in a permitted transfer, they must pay Beehive Homes a processing fee of $2,500.00 at the time they submit the Permitted Transfer Request. This fee is explicitly stated to be nonrefundable.

This means that a prospective Beehive Homes franchisee should be aware that if they later decide to transfer their franchise to someone else, they will not be able to get the $2,500 processing fee back, regardless of whether the transfer is ultimately approved or completed. This is a standard practice in franchising, as the fee is intended to cover Beehive Homes's costs of reviewing the proposed transfer and ensuring that the new franchisee meets their standards.

It is important for potential Beehive Homes franchisees to factor this nonrefundable fee into their financial planning and to carefully consider the implications of transferring their franchise in the future. They should also be aware of the other conditions and requirements for permitted transfers, as outlined in the Franchise Agreement.

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.