When was Beem Franchisor LLC formed?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a limited liability company formed in Delaware on December 30, 2024. We do business under the beem® Light Sauna name (the "Brand"). Our principal business address is 4000 MacArthur Blvd., Suite 800, Newport Beach, California 92660. If we have an agent for service of process in your state, we disclose that agent in Exhibit D.
We became the franchisor of beem® Light Sauna studios ("Studios") on January 31, 2025. We have never operated a Studio. Although we reserve the right to do so, we have not offered franchises in other lines of business. We have no business activities other than those described in this Item 1.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–12)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, Beem Franchisor LLC was formed on December 30, 2024, as a limited liability company in Delaware. This is a relatively recent formation date, which means the franchise system is new.
For a prospective franchisee, this indicates that Beem Light Sauna is a young company. While the FDD mentions that Beem Light Sauna became the franchisor of Beem Light Sauna studios on January 31, 2025, the limited operating history of the franchisor itself could present both opportunities and risks.
Specifically, the FDD states that Beem Light Sauna acquired assets from its predecessor, Get Lit Concepts, LLC, on January 31, 2025. It is important to note that Sequel Brands Holdings LLC guarantees Beem Light Sauna's performance under the franchise agreements. Prospective franchisees should carefully evaluate the implications of working with a relatively new franchisor and consider the role and financial stability of Sequel Brands Holdings LLC.