Can Beem Light Sauna assign its rights to purchase the Studio assets to another party?

According to the 2025 Beem Light Sauna Franchise Disclosure Document, Beem Light Sauna has the right to assign its rights to purchase the studio assets to another individual or entity. This assignee can be an affiliate of Beem Light Sauna. If Beem Light Sauna chooses to assign these rights, the assignee will assume all the associated rights and obligations outlined in Section 15.7 of the franchise agreement.

This clause ensures that Beem Light Sauna retains flexibility in managing its franchise network. In the event of a franchise termination or expiration, Beem Light Sauna can transfer its option to purchase the studio's assets to a third party, potentially streamlining the process of maintaining or transitioning the business. This could be particularly useful if Beem Light Sauna wants to bring in a new franchisee or manage the studio under a different structure.

For a prospective franchisee, this means that if their franchise agreement is terminated or expires without renewal, Beem Light Sauna might not be the party directly purchasing their assets. Instead, another entity could step in, and the franchisee would need to fulfill their obligations regarding the sale of assets to this third party. It is important for franchisees to understand that the terms and conditions related to the purchase of assets will still apply, regardless of who the purchaser is.