NOTE: The BeeHive Homes Franchise Disclosure Document (FDD) answers all questions regarding our Owner/Operators’ opportunities. The FDD is available in electronic format as a .pdf file. The information on this page is a brief response to typical inquiries. If there is any inconsistency or conflict between this information and the FDD, the FDD will control. To receive a copy of our FDD, please fill out the form to the right.
A successful BeeHive Homes franchise owner has the following personal qualifications as a minimum:
Acquiring your land and your building
Owning a BeeHive Homes assisted living franchise means you are an independent business owner operating under the business model provided by BeeHive Homes. Currently, the costs associated with purchasing land and constructing a building can vary greatly and may range from $3,000,000 to $4,000,000 depending on current construction market forces, finishing work, and land costs. We provide our proprietary assisted living home designs to your architect and engineers so they can generate personalized certified building plans as your local situation requires.
BeeHive Homes franchise does not provide financing. A lending institution will need to be assured of your ability and your financial strength to operate and own a BeeHive Homes franchise. A bank will typically need to see that you and/or your partner have 20% of the overall cost of your assisted living franchise available in cash or land assets.
Our Franchise Disclosure Document (FDD) provides you with in-depth information regarding the costs and expenses you can plan to incur when developing a BeeHive Homes franchise. The above figures are estimates based upon our actual experience and the experience of our franchisees, but they can vary around the country. To receive the BeeHive Homes Franchise Disclosure Document, please fill out the contact form to the right.
BeeHive Homes assisted living franchises has great working relationships with lenders who understand BeeHive Homes’ promising future in the assisted living market and are ready to work with valid potential franchisees. Private equity lenders are available who are willing to partner with promising franchisees on the construction project and startup costs for up to the first two years, or to simply assist with equity financing to help you obtain a conventional loan in the beginning. One partnership contract with a private equity firm allows our assisted living franchise owners to establish themselves as profitable business entities in order to refinance the land and building for themselves from the partnering company after six months and up to two years.
BeeHive Homes assisted living franchise is an SBA approved business entity.