BeeHive Homes franchise unit economics
BeeHive Homes franchisees build and run a ranch-style home of 15 to 24 bedrooms in a residential neighborhood, offering residential care, assisted living and memory care to older residents who do not need skilled nursing.
BeeHive Homes franchise at a glance
BeeHive Homes’ Item 19 reports the average, highest and lowest revenue of reporting franchised homes for 2023 and 2024, and the share of them at or above $700,000 and $950,000, with no costs or profit.
BeeHive Homes reports that the 71 franchised homes that sent 2024 revenue figures averaged $820,000, with a high of $1,581,000 and a low of $130,000, according to Item 19 of BeeHive Homes’ 2026 FDD, issued 28 April 2026. The 71 in that group are 36%* of BeeHive Homes’ 198 franchised homes.
- A BeeHive Homes franchise costs $3,400,000 to $5,100,000 to open, including the $75,000 initial franchise fee and $2,875,000 to $4,500,000 for the building, and the estimate leaves out the cost of land, according to the 2026 FDD.
- BeeHive Homes charges a royalty of 5% of Gross Revenues each month, and its Item 6 lists no advertising fund, technology fee or minimum royalty.
- A BeeHive Homes home is about 8,000 to 12,000 square feet with 15 to 24 bedrooms, one resident to a bedroom.
- In 2023, 106 reporting BeeHive Homes averaged $843,000 of revenue, and 28 of them, 26%, reported at least $950,000.
- BeeHive Homes reports that 18 of its reporting homes, 25%, had revenue of at least $950,000 in 2024.
- BeeHive Homes had 195 franchised homes and no company-owned homes at the end of 2025, against 201 at the start of 2023, with 2 signed homes not yet open.
- The time from signing to opening a BeeHive Homes home is typically 18 to 30 months, according to Item 11.
These figures come from BeeHive Homes's 2026 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors.
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Talk to Averan → Move your books and accounting to Averan →- The 71 BeeHive Homes that reported 2024 revenue averaged $820,000, with a high of $1,581,000 and a low of $130,000. The 106 BeeHive Homes that reported 2023 revenue averaged $843,000, with a high of $1,941,000 and a low of $216,000.
- BeeHive Homes reports that 25% of its 2024 reporting homes, 18 homes, had revenue of at least $950,000. For 2023, BeeHive Homes reports 28 homes, 26%, at $950,000 or more and 67 homes, 63%, at $700,000 or more.
- The BeeHive Homes 5% royalty comes to $41,000* a year at the $820,000 2024 average. The BeeHive Homes Item 6 table lists the 5% royalty as the only recurring charge, with no advertising fund, technology fee or minimum royalty.
- BeeHive Homes reported $4,612,065 of royalty income for 2024 in its audited statements. At the 5% royalty rate, that BeeHive Homes royalty income matches $92,241,300* of franchisee revenue, or $461,207* a home across an average of 200* homes open in 2024.
- BeeHive Homes’ franchised homes fell from 201 at the start of 2023 to 195 at the end of 2025. BeeHive Homes opened 13* homes and terminated 19* over the three years, including 10 Utah terminations in 2025.
Reported revenue
How much does a BeeHive Homes franchise make?
| Year | Homes reporting | Average | Highest | Lowest | At least $950,000 | At least $700,000 |
|---|---|---|---|---|---|---|
| 2023 | 106 | $843,000 | $1,941,000 | $216,000 | 28 (26%) | 67 (63%) |
| 2024 | 71 | $820,000 | $1,581,000 | $130,000 | 18 (25%) | 62 (73% as printed) |
Figures as filed. Each reporting home had been open at least two years. For 2024 the FDD says 104 homes responded and gives the average for 71 responses. The 73% for 2024 is as printed, and 62 of 71 homes is 87%*.
The 71 BeeHive Homes that reported 2024 revenue averaged $820,000. The highest BeeHive Homes figure for 2024 was $1,581,000 and the lowest $130,000. BeeHive Homes reports that 18 of the 71 homes, 25%, had revenue of $950,000 or more.
The 106 BeeHive Homes that reported 2023 revenue averaged $843,000. The BeeHive Homes 2023 figures ranged from $216,000 to $1,941,000. Twenty-eight of the 106 BeeHive Homes, 26%, reported $950,000 or more, and 67, 63%, reported $700,000 or more.
The 2024 BeeHive Homes average is $23,000* below the 2023 average. The two BeeHive Homes groups are different sizes, 71 homes for 2024 and 106 for 2023, so the change compares two sets of responding homes.
BeeHive Homes counts 198 franchised homes at December 31, 2023 and at December 31, 2024 in Item 19. The 71 BeeHive Homes reporting for 2024 are 36%* of that count, and the 106 for 2023 are 54%*. BeeHive Homes states that the figures make no representation about the homes that did not report.
The most recent year in BeeHive Homes’ Item 19 is 2024, in an FDD issued April 28, 2026. BeeHive Homes’ Item 19 gives no median and no figure for a home’s costs or profit.
Highest and lowest
BeeHive Homes highest and lowest reported revenue
| Year | Homes reporting | Highest | Lowest | Average | Highest as a multiple of lowest |
|---|---|---|---|---|---|
| 2023 | 106 | $1,941,000 | $216,000 | $843,000 | 9.0* |
| 2024 | 71 | $1,581,000 | $130,000 | $820,000 | 12.2* |
Figures as filed, except the last column. BeeHive Homes prints the 2024 high as $1,581000.
The highest BeeHive Homes figure for 2024 was $1,581,000, 12.2 times* the lowest of $130,000. The highest BeeHive Homes figure for 2024 is $761,000* above the 2024 average.
The highest BeeHive Homes figure for 2023 was $1,941,000 and the lowest $216,000. The BeeHive Homes 2023 high is 9.0 times* the low.
BeeHive Homes reports revenue thresholds of $700,000 and $950,000. For 2024, 18 BeeHive Homes, 25% of those reporting, were at $950,000 or more. The BeeHive Homes FDD states that 62 homes, 73%, were at $700,000 or more in 2024, and 62 is 87%* of the 71 homes in the 2024 average.
A BeeHive Homes home has 15 to 24 bedrooms, each for one resident. At the $820,000 2024 average, BeeHive Homes revenue per bedroom is $34,167* a year in a 24-bedroom home and $54,667* in a 15-bedroom home. BeeHive Homes’ Item 19 does not give the bedroom count of the reporting homes.
Brand charges
Brand charges
| Charge | Rate in the FDD | At $820,000 |
|---|---|---|
| Royalty | 5% of Gross Revenues, monthly | $41,000* |
| Additional training or consultation | Not less than $300 a day | As incurred |
| Transfer fee | $2,500 for certain permitted transfers or $25,000 for other approved transfers | At transfer |
| Transfer commission | 6% of the price when the franchisor finds the buyer | At transfer |
| Late reporting penalty, late charge and interest | $100 a late report; 10% of a late payment; 18% a year on past-due royalties | On demand |
| Recurring charges paid to BeeHive Homes | $41,000 (5.00%)* |
Rates as filed. Gross Revenues are all gross receipts received or receivable, less sales or use tax. Each fee applies to each franchise.
The BeeHive Homes royalty is 5% of Gross Revenues, paid monthly. At the $820,000 2024 average, the BeeHive Homes royalty is $41,000* a year. BeeHive Homes requires a monthly revenue report by the 10th of the month and charges $100 for a late report.
The BeeHive Homes Item 6 table lists the 5% royalty as the only recurring charge. BeeHive Homes has no advertising fund or cooperative, and BeeHive Homes must approve all advertising in advance.
BeeHive Homes charges $2,500 or $25,000 to approve a transfer, depending on the type of transfer. BeeHive Homes adds a 6% commission when it finds the buyer, and charges 10 times the franchise fees of the highest 12 of the last 18 months for certain unauthorized transfers.
The BeeHive Homes initial franchise fee covers training for the owner and a resident manager. BeeHive Homes charges not less than $300 a day for later training of a replacement resident manager or for consultation after opening.
Cost to open
Cost to open
| Line | Low | High |
|---|---|---|
| Initial franchise fee | $75,000 | $75,000 |
| Building | $2,875,000 | $4,500,000 |
| Additional funds, employees and 6 months | $160,900 | $186,600 |
| Furniture, fixtures and equipment | $120,000 | $150,000 |
| Engineering fees | $44,000 | $48,400 |
| Architectural fees | $40,000 | $44,000 |
| Supplies and materials inventory | $25,000 | $30,000 |
| Healthcare licensing and certifications | $20,700 | $22,000 |
| Insurance, 6 months | $13,600 | $15,600 |
| Miscellaneous opening costs | $9,500 | $10,000 |
| Travel, meals and lodging for training | $8,500 | $10,000 |
| Utilities, 6 months | $5,000 | $5,200 |
| Other professional fees, 6 months | $2,800 | $3,200 |
| Total | $3,400,000 | $5,100,000 |
Figures as filed; the FDD prints the high column first. The estimate leaves out the building lot, because lot prices vary widely.
Discounts available
- BeeHive Homes charges $50,000 for each additional franchise, paid in full at signing, against $75,000 for the first.
From Item 5 of the BeeHive Homes 2026 FDD. The costs on this page use the full initial franchise fee for one unit, before any discount.
One BeeHive Homes home costs $3,400,000 to $5,100,000 to open, before the land. The BeeHive Homes building is $2,875,000 to $4,500,000 of that, for a home of about 8,000 to 12,000 square feet. BeeHive Homes construction costs vary with interest rates, materials and the building code that applies.
The BeeHive Homes initial franchise fee is $75,000 for the first franchise. One third of the BeeHive Homes fee is due at signing and the rest when a construction loan is funded or a building permit is issued, whichever comes first. BeeHive Homes may terminate the agreement if the fee is not paid in full within a year.
BeeHive Homes charges $50,000 for each additional franchise. The BeeHive Homes fee for an additional franchise is due in full at signing.
BeeHive Homes puts additional funds for employees and the first six months at $160,900 to $186,600. The BeeHive Homes estimate covers payroll and other running costs for six months, and BeeHive Homes states that it is based on its experience with over 200 franchises.
The time from signing to opening a BeeHive Homes home is typically 18 to 30 months. A BeeHive Homes franchisee who finds no site meeting the requirements within six months has the agreement terminated and the franchise fees refunded. BeeHive Homes protects an area holding at least 30,000 people around each home.
Locations
Homes, 2023 to 2025
| Year | Start | Opened | Terminated | Not renewed | Reacquired | Ceased other | End | Transfers |
|---|---|---|---|---|---|---|---|---|
| 2023 | 201 | 3 | 5 | 0 | 0 | 0 | 199 | 3 |
| 2024 | 199 | 5 | 3 | 0 | 0 | 0 | 201 | 4 |
| 2025 | 201 | 5 | 11 | 0 | 0 | 0 | 195 | 6 |
Figures as filed. BeeHive Homes had no company-owned homes. At December 31, 2025, BeeHive Homes had 2 signed homes not yet open, one in Texas and one in Utah, and projected 2 new homes in the next year.
BeeHive Homes franchised homes fell from 201 at the start of 2023 to 195 at the end of 2025. Over the three years 13* BeeHive Homes opened and 19* were terminated. No BeeHive Homes were non-renewed, reacquired or ceased for other reasons.
BeeHive Homes terminated 11 homes in 2025, 10 of them in Utah. BeeHive Homes in Utah fell from 40 to 30 during 2025. BeeHive Homes opened 5 homes in 2025, two of them in Texas.
BeeHive Homes’ largest states at the end of 2025 were Montana and New Mexico, with 35 homes each, and Utah, with 30. BeeHive Homes had 21 homes in Texas, where franchises are sold by a sub-franchisor.
BeeHive Homes recorded 13* transfers from 2023 to 2025, 5 of them in Utah in 2025. Item 19 counts 198 BeeHive Homes at the end of 2023 and 2024, and Item 20 counts 199 and 201.
Item 3 of the BeeHive Homes FDD describes six lawsuits filed from 2023 to 2025 over resident care at franchised homes, naming the franchisor or its affiliate. The BeeHive Homes affiliate was dismissed from one of the six for lack of personal jurisdiction, and the franchisor and its affiliate have denied liability in the others.
Questions we get asked
Questions owners ask
How much does it cost to open a BeeHive Homes franchise?
The 2026 BeeHive Homes FDD estimates $3,400,000 to $5,100,000 for one home, before the cost of the land. That BeeHive Homes total includes the $75,000 initial franchise fee, $2,875,000 to $4,500,000 for the building and $160,900 to $186,600 of additional funds for six months. BeeHive Homes charges $50,000 for each additional franchise.
What fees does BeeHive Homes charge?
BeeHive Homes charges a royalty of 5% of Gross Revenues each month. The BeeHive Homes Item 6 table lists no advertising fund, technology fee or minimum royalty. At the $820,000 2024 average, the BeeHive Homes royalty is $41,000* a year.
How much does a BeeHive Homes franchise make?
Item 19 reports that the 71 BeeHive Homes that sent 2024 revenue figures averaged $820,000, with a high of $1,581,000 and a low of $130,000. The 106 BeeHive Homes that reported for 2023 averaged $843,000. Each BeeHive Homes home in those figures had been open at least two years.
Does BeeHive Homes report franchisee costs or profit?
BeeHive Homes’ Item 19 gives no figure for a home’s costs or profit. BeeHive Homes reports the average, highest and lowest revenue of reporting homes and the share at or above $700,000 and $950,000.
How many BeeHive Homes are there?
BeeHive Homes had 195 franchised homes and no company-owned homes at the end of 2025. In 2025, 5 BeeHive Homes opened and 11 were terminated, 10 of them in Utah. BeeHive Homes had 2 signed homes not yet open at December 31, 2025.
How long does a BeeHive Homes home take to open?
The BeeHive Homes FDD puts the typical time from signing to opening at 18 to 30 months. A BeeHive Homes franchisee must find an approved site within six months, or the agreement is terminated and the franchise fees refunded.
Questions worth putting to BeeHive Homes
These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.
- Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
- What separates the highest-selling locations from the lowest: territory, years open, staffing, or the owner?
- How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
- At what level of sales do the minimum charges stop applying and the percentage take over?
- How many BeeHive Homes locations closed, were sold, or changed hands last year, and why?
Run your own numbers.
The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.
Launch the diagnostic →Reporting for a BeeHive Homes owner
We review your unit economics and cash forecast and build your monthly reporting around the figures on this page.
Talk to Averanthe franchise library, all 447 brands · how franchise unit economics work · running the books across several locations · what Averan does for franchise owners
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Questions owners ask next
The figures above raise these, and each one is answered on its own page.
- At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
- How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
- What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
- How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.
Where these figures come from
Every figure here comes from Bee Hive Homes, Inc.’s 2026 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. BeeHive Homes is a trademark of its owner. How Averan reads a Franchise Disclosure Document.
These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: Bee Hive Homes, Inc., 2026 Franchise Disclosure Document, issued 28 April 2026.