What agreement must a Beem Light Sauna franchisee sign for each additional studio they have the right to develop?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
For each additional Studio that you have the right to develop in accordance with the Development Schedule, you must sign our then-current Franchise Agreement, which may have materially different terms than the Initial Franchise Agreement, including different fees (though no Franchise Fee shall be owed under such agremeent) and territorial rights. You must sign a Franchise Agreement for a Studio before you may execute a lease, sublease, or purchase agreement intended for such Studio or commence construction of such Studio. We will not be obligated to offer you a Franchise Agreement for a Studio unless:
- we have complied with all applicable franchise registration and disclosure laws and, if required by applicable laws, have provided you with a copy of our then-current Franchise Disclosure Document
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna FDD, for each additional studio a franchisee has the right to develop, they must sign the then-current Franchise Agreement. This agreement may have materially different terms than the Initial Franchise Agreement, including different fees and territorial rights. However, no additional Franchise Fee will be owed under such agreement.
The franchisee must sign a Franchise Agreement for a studio before executing a lease, sublease, or purchase agreement, or commencing construction. Beem Light Sauna is not obligated to offer a Franchise Agreement unless they have complied with all applicable franchise registration and disclosure laws and provided the franchisee with a copy of the then-current Franchise Disclosure Document, if required by applicable laws.
This stipulation ensures that Beem Light Sauna franchisees are up-to-date with the latest terms and conditions, as these can evolve over time. It also protects Beem Light Sauna by ensuring franchisees meet all legal and regulatory requirements before expanding their operations. For prospective franchisees, this means carefully reviewing each new Franchise Agreement for changes and understanding their obligations before committing to further development.