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Bee Hive Homes

Bee Hive Homes

The total investment to open a Bee Hive Homes franchise ranges from $3.4M to $5.1M. The initial franchise fee is $75,000. Ongoing royalties are 5% plus a 1% advertising fee.

What is the Bee Hive Homes franchise?

Bee Hive Homes operates in assisted living, memory care, and respite care through a residential style model designed to give seniors personalized, home like care. Founder Twayne Walker created the company in Meridian, Idaho, in 1987 after seeking quality, individualized care for his grandmother. Dennis Toland later partnered with Walker and helped advance the family like care environment. Bee Hive Homes reported 199 total units in 2024, all franchise owned, reflecting an entirely franchised system. Other reports describe over 160 locations in 19 states, over 180 homes in twenty states, and over 200 locations, with nearly 33 years of operating experience as of 2019. The company operates only in the United States. Bee Hive Homes ranked #1 on Entrepreneur Magazine's Franchise 500 list three times and received recognition from Forbes magazine for 15 consecutive years. These figures provide context for buyers reviewing the brand, its operating history, and its presence in the senior care market.

Bee Hive Homes serves the homes for the elderly category, where demand is shaped by the aging population and the large Baby Boomer generation. More people are expected to need assisted living, memory care, and respite care as longevity increases. Medical advances also allow people to live longer with health conditions that may require specialized support. Seniors and their families increasingly seek smaller, residential settings instead of large institutional facilities. Bee Hive Homes is built around that preference, with a family like atmosphere and community focused care. Senior care demand is generally less discretionary because families require these services regardless of broader economic conditions. The market remains fragmented, particularly among smaller residential homes, even as large corporate providers operate expansive facilities. Bee Hive Homes was one of the first companies to combine assisted living homes with a franchise model, beginning franchising in 1996. That history places the brand in a specialized segment serving families seeking a more personal care setting.

A Bee Hive Homes franchise requires a substantial capital commitment because the model includes real estate development and construction. The initial franchise fee is $75,000. A 2026 Franchise Disclosure Document gives a total initial investment range of $3,400,000 to $5,100,000. The building is estimated at $2,875,000 to $4,500,000. Furniture, fixtures, and equipment are estimated at $120,000 to $150,000, while initial supplies and materials are estimated at $25,000 to $30,000. Required travel, meals, and lodging for training are estimated at $8,500 to $10,000. Insurance is estimated at $13,600 to $15,600. Architectural fees range from $40,000 to $44,000, and engineering fees range from $44,000 to $48,400. Healthcare licensing and certifications are estimated at $20,700 to $22,000. Other professional fees are estimated at $2,800 to $3,200. Utility deposits are estimated at $5,000 to $5,200, and miscellaneous opening costs are estimated at $9,500 to $10,000. Funds for employees and operating expenses during the first six months are estimated at $160,900 to $186,600. Other cited figures include approximately $1,500,000 to $2,200,000 from another 2026 FDD reference, $2 million and $4 million for total development cost as of August 2019, and $1,200,000 to $2,200,000 from 2016 FDD data. Land acquisition and building construction alone can range from $700,000 to over $2,000,000+, separate from other franchise expenses. Bee Hive Homes of America, Inc. is the parent company. It is an Idaho corporation incorporated on August 9, 1996, and based in Boise, Idaho. The investment level is suited to buyers with access to significant capital and an interest in a real estate intensive senior care business.

The operating model centers on smaller residential style homes that provide assisted living, memory care, and respite care. Franchisees oversee daily operations in a setting intended to provide individual attention, resident safety, and community integration. Staffing includes trained caregivers, medical professionals, and administrative personnel. Bee Hive Homes focuses exclusively on this senior living format. The system does not offer drive thrus, inline retail, or mobile units. Initial training includes travel, meals, and lodging costs of $8,500 to $10,000, reflecting an in person program covering operating standards and the brand's care philosophy. Bee Hive Homes of America, Inc., headquartered in Boise, Idaho, provides ongoing corporate support. The source does not provide specific information about field consultants or proprietary technology platforms, but describes support areas that can include operating practices, marketing guidance, and supply chain management. Territory agreements may define geographic exclusivity and limit internal competition. Gerald Hamilton joined Bee Hive Homes in 2005 and now operates nine locations in New Mexico and Nevada. His ownership history illustrates that the system can support multi unit growth. The hands on nature of resident care may suit an owner operator, while a capable management team could allow experienced operators to oversee multiple facilities and move toward a more semi absentee structure over time.

Other operating information still offers context for evaluating the system. Bee Hive Homes grew from 155 franchised locations in 16 states in 2016 to 199 total units in 2024, all of them franchise owned. Other reports cite over 160 locations in 19 states, over 180 homes in twenty states, and over 200 locations, along with nearly 33 years of experience as of 2019. As of August 2019, the company targeted approximately 15 to 20 new franchise homes per year. Bee Hive Homes ranked #1 on Entrepreneur Magazine's Franchise 500 list three times and was recognized by Forbes magazine for 15 consecutive years. Gerald Hamilton's operation of nine locations also demonstrates the possibility of multi unit expansion. Those industry conditions, together with the brand's expansion and recognition, may indicate earning potential, but buyers should not treat them as a substitute for undisclosed unit level financial results. The high real estate investment also means return expectations must be evaluated against the amount of capital committed.

Bee Hive Homes began franchising in 1996, nearly a decade after its initial operations. Its 2016 FDD listed 155 franchised locations in 16 states, compared with 199 total units in 2024, all franchise owned. Other reports describe over 160 locations in 19 states, over 180 homes in twenty states, and over 200 locations, with almost 33 years of experience as of 2019. The figures indicate average net growth of approximately 5 to 6 units per year between 2016 and 2024. The stated target of approximately 15 to 20 new franchise homes per year as of August 2019 indicated a possible increase in development activity. The West was the largest region in 2016, with 122 locations. Gerald Hamilton is a co owner of Bee Hive Homes in New Mexico and Nevada, where he has nine locations. In 2021, he was elected Chair of the National Center for Assisted Living, or NCAL, Board of Directors, and he serves on the American Health Care Association Board of Governors. Bee Hive Homes' market position rests on its early use of franchising for assisted living homes, its focus on smaller residential style facilities, its family like care model, and its brand recognition. The company ranked #1 on Entrepreneur Magazine's Franchise 500 list three times and received recognition from Forbes magazine for 15 consecutive years. Its emphasis on personalized care and community focused settings addresses families seeking an alternative to larger institutional facilities.

A prospective franchisee needs meaningful financial capacity and a commitment to operating a residential senior care business. Experience in management, operations, or healthcare administration could be useful, although the source does not state that a particular industry background is required. The role calls for leadership, empathy, and the ability to manage caregivers and medical professionals. The system accommodates multi unit operators, as shown by Gerald Hamilton's nine locations, as well as single unit owners involved in daily operations. The growth pipeline targeted approximately 15 to 20 new franchise homes per year as of August 2019, creating potential opportunities across the United States, where the brand operates exclusively. The 2016 FDD identified the West as the largest region, with 122 locations. Opportunities may also exist in the 19 to 20 states where Bee Hive Homes has a presence and in new markets. Development can take 12 to 24 months or more because of real estate, construction, licensing, and related project requirements. The franchise agreement term is not publicly available. Standard industry practice for investments of this type often involves initial terms of 10 to 20 years with renewal options, though buyers must confirm the actual terms in the governing documents. Transfer and resale provisions would typically appear in the Franchise Disclosure Document and may establish a process for selling or transferring the business.

Bee Hive Homes merits detailed due diligence from buyers considering a high capital senior care investment. Its residential style model addresses demand for personalized senior living while its unit history shows expansion from 155 franchised locations in 16 states in 2016 to 199 total units in 2024. The opportunity also carries substantial real estate, construction, staffing, licensing, and operating requirements. PeerSense provides franchise research for this review, including SBA lending history, a Loan Activity Score, location maps with Google ratings, FDD financial data where available, and side by side comparison tools. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders. It is not a lender and does not fund or approve loans.

Loan Activity Score

64/100

SBA Default Rate

1.2%

Active Lenders

57

According to its Franchise Disclosure Document or public business records, Bee Hive Homes has 201 locations, all owned by franchisees. Public SBA loan records show 57 lenders made 171 loans to franchisees of Bee Hive Homes. PeerSense calculates Bee Hive Homes's score as 64 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.

2026 FDD VERIFIEDHomes for the Elderly

Franchising since 1987 · 201 locations

Investment

$3.4M to $5.1M

Franchise Fee

$75,000

Total Units

201

201 franchised

Loan Activity Score
Very high
64
SBA Lending
25
Lender Quality
11
Transparency
10
Reach
9
Momentum
9

Proprietary PeerSense metric

Moderate
Capital Sources
57SBA lenders

Distinct lenders in public SBA records for Bee Hive Homes

171

Total SBA loans

$1.5M

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Bee Hive Homes

Loan Activity Score Breakdown

Major Brand (100+ loans)

Very High Confidence
64out of 100
Moderate
Market Momentum9/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence11/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency10/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint9/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

1.2%

vs 3.2% peer avg

SBA Loans

171

Total Volume

$251.1M

Active Lenders

57

8 selective

States

21

vs. SBA Sector Average

+2%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (1.2%)
Item 19 financial data disclosed
201 locations nationwide

Data Insights

Key performance metrics for Bee Hive Homes based on SBA lending data

SBA Default Rate

1.2%

2.0% below peer avg

SBA Loan Volume

171 loans

Across 57 lenders

Lender Diversity

57 lenders

Avg 3.0 loans per lender

Investment Tier

Premium investment

$3,400,000 to $5,100,000 total

Bee Hive Homes: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2017

16 approvals. The best year on record for Bee Hive Homes.

Top SBA State

Utah

66 SBA financed Bee Hive Homes locations, the densest operator footprint.

Average Loan Size

$1.5M

Median $1.6M. Use as a sizing anchor when modeling your own Bee Hive Homes unit.

Lender Concentration

29.9%

Moderately Spread

Share of Bee Hive Homes approvals captured by the top 3 SBA lenders.

Bee Hive Homes's SBA lending pipeline peaked in 2017 (16 approvals). The last five fiscal years account for 22% of cumulative volume ($69M approved). Operator density is highest in Utah with 66 SBA financed locations. Average funded ticket sits at $1.5M, with the median at $1.6M. Lender mix is moderately spread: the top three SBA lenders account for 29.9% of approvals. Meaningful choice exists, but specific lenders carry the brand.

Payment Estimator

Loan Amount$2.7M
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$35,196

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Bee Hive Homes, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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3 FDDs Available for Bee Hive Homes

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.

Bee Hive Homes

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman