FranchiseVerdict
Bee Hive Homes logo
FV-00264·MODERATEExcellent86

Bee Hive Homes

Health & Wellness - Senior CareFranchising since 1992Website
Investment
$3.4M – $5.1M
100th pct Senior Care
Avg revenue
$843K
26th pct Senior Care
Royalty
5.0%
6th pct Senior Care
Units
201
76th pct Senior Care
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $3.4M – $5.1M including a $75K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $843K/year.
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 156 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
BEE HIVE HOMES, INC.
Parent company
Bee Hive Homes of America, Inc.
Incorporated in
Utah
HQ
3973 North Eagle Road, Boise, Idaho 83713-0727
Auditor
Harris CPAs P.C.
Audited financials
Franchisor revenue
$4.1M
vs $4.9M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Bee Hive Homes unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $843,000
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $3.4M–$5.1M
Working capital
$
FDD reports $161K–$187K

Unlevered ROIC · per unit

4%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$185K
EBITDA margin
22.0%
Total invested
$4.4M
Payback
286 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Bee Hive Homes units return on equity?

Edit assumptions

Equity IRR · 5-yr

38.8%

5.14× MOIC

Year-1 DSCR

2.16×

EBITDA ÷ debt service

Equity required

$3.9M

on $12.6M purchase

Total debt

$8.8M

SBA $5.0M + senior + seller note

SBA 7(a) request ($6.3M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Bee Hive Homes franchisees operate assisted living or senior residential care facilities, managing day-to-day resident care, staffing, regulatory compliance, marketing, and family relations. Franchisees are responsible for facility operations including nursing/caregiver coordination, meal services, activities programming, and health/safety protocols across their protected territory.

CEO
Twayne K. Walker
Founded
1987
FDD year
2025
States available
20

Item 7 · what it costs

The Vitals

Total investment
$3.4M – $5.1M
All-in to open one unit
Liquid capital
$161K – $187K
Cash you must have on hand
Franchise fee
$75K
Royalty
5.0%
Gross Revenues · typical 6–8%
Ad fund
n/d
Total fee load
5.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$843K
Per unit, per year
Median gross sales
Item 19 type
Gross Sales
Sample size
106 units
vs category median 23 · large
Range (low → high)
$216K$1.9M
Cohort dispersion
Transparency
3 / 5
vs category median 4 / 5 · below
Revenue rank26th
vs Health & Wellness - Senior Care peers
Investment cost rank100th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank76th
vs Health & Wellness - Senior Care peers
Risk score rank52th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
201
Opened
5
Last reporting year
Closed
3
Turnover rate
1.5%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+1.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
201+2
Franchised units
2024
199
Franchised units
2025
201
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 15 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 15 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
156
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

Senior living franchise with high capital requirements, undisclosed unit profitability, stagnant growth, and material litigation involving resident care and discrimination—requires deep due diligence on actual franchisee returns and liability exposure.

Score breakdown · what drove the 57 / 100 rating

  1. 01MINORHigh initial investment ($3.4M-$5.1M) against modest average unit revenue ($843K) creates unfavorable ROI math and extended payback period
  2. 02MEDNet income not disclosed in FDD Item 19 prevents accurate profitability assessment and suggests weak unit economics
  3. 03MINORStagnant unit growth (1.0% YoY) across 201 units indicates market saturation or franchisee dissatisfaction
  4. 04MINORFHA discrimination settlement (2021) signals potential systemic compliance or operational issues in senior living care
  5. 05MINORThree active/recent negligence and unfair trade practice lawsuits involving residents/estates create reputational and liability exposure
  6. 06MINOR5% royalty on $843K average revenue = $42K annual cost before operating expenses, limiting franchisee margins

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population-based
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
4
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Utah

Item 11

Training & Operations

Classroom training
0 hrs
On-the-job training
24 hrs
POS system
Blue Step Software
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

46 numbers

Locked
(928) 333-••••
AZ
(505) 967-••••
NM
(435) 632-••••
UT

One-time purchase · CSV download · Validation questions included

FDD download

Bee Hive Homes · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above