Under the Beehive Homes franchise agreement, which sections cover site selection and acquisition/lease?

According to Beehive Homes' 2025 Franchise Disclosure Document, the obligations related to site selection and acquisition/lease are detailed in specific sections of the franchise agreement and items within the disclosure document.

Specifically, Section 7.1 of the Beehive Homes Franchise Agreement, along with Items 6 and 11 of the Franchise Disclosure Document, outline the franchisee's responsibilities regarding site selection and acquisition/lease. This indicates that franchisees are primarily responsible for selecting and securing a location for their Beehive Homes franchise.

Further, Section 7.1 emphasizes that the franchisee is solely responsible for selecting and obtaining the location and for the construction of the Home at that location. The franchisee is also responsible for negotiating all agreements and contracts related to the location and any construction or improvements. This highlights the importance of consulting with legal counsel and other advisors before entering into any agreements related to the location.

Item 12 also mentions that the franchisee will be granted a location by the Franchise Agreement, which is subject to Beehive Homes' approval. The franchisor will consider factors such as traffic patterns, proximity to retail stores, demographics, and competition when determining whether to approve a particular site.