Has a certified public accountant audited the financial figures presented for Beem Light Sauna?

According to Beem Light Sauna's 2025 Franchise Disclosure Document, the financial figures presented in Item 19 have not been audited by a certified public accountant. This means that the sales, attrition rates, and other financial data provided have not been independently verified for accuracy. As a prospective franchisee, it's important to understand that these figures are based on reports submitted by franchisees and Beem Light Sauna's affiliates, but they haven't undergone an independent audit.

Given that the financial data is unaudited, potential franchisees should exercise caution and conduct their own due diligence. Beem Light Sauna encourages prospective franchisees to consult with their own accounting, business, and legal advisors to assess the likely financial performance of the franchise. This includes preparing budgets and projections based on the provided data, but also considering other factors relevant to their specific location and circumstances.

It is typical in the franchise industry for franchisors to present unaudited financial performance representations in their FDDs. While audited statements provide a higher level of assurance, they are not always required. The FDD emphasizes that existing franchisees are the best source of information about franchise operations, and encourages potential franchisees to contact them to discuss their experiences.

Prospective franchisees should also request the written substantiation for the financial performance representation, which Beem Light Sauna will make available upon reasonable request. While this substantiation is not an audit, it may provide additional detail and support for the figures presented. Ultimately, the responsibility for assessing the financial viability of a Beem Light Sauna franchise rests with the prospective franchisee.