What consideration is acknowledged in the Beem Light Sauna franchise agreement beyond the promises and covenants?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
NOW, THEREFORE, in consideration of the mutual undertakings and commitments set forth in this Rider and in the Franchise Agreement, the receipt and sufficiency of which the parties acknowledge, the parties agree as follows:
-
- During the term of the Franchise Agreement, Franchisee will be permitted to use the Premises for the operation of the Studio and for no other purpose.
-
- Subject to applicable zoning laws and deed restrictions and to prevailing community standards of decency, Landlord consents to Franchisee's installation and use of such trademarks, service marks, signs, decor items, color schemes, and related components of the beem® Light Sauna system as Company may from time to time prescribe for the Studio.
-
- Landlord agrees to furnish Company with copies of all letters and notices it sends to Franchisee pertaining to the Lease and the Premises, at the same time it sends such letters and notices to Franchisee. Notice shall be sent to Company by the method(s) as stated in the lease to:
Beem Franchisor LLC Attn: Trevor Lucas, Chief Financial Officer 4000 MacArthur Blvd., Suite 800 Newport Beach, California 92660 Email: trevor@sequelbrands.com
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, the franchise agreement involves mutual undertakings and commitments outlined in both a Lease Rider and the Franchise Agreement itself. This acknowledgement of receipt and sufficiency of these undertakings serves as consideration for the agreement.
Specifically, the Lease Rider dictates how the franchisee can use the premises for operating their Beem Light Sauna studio. It also covers the installation and use of trademarks, service marks, signs, and decor items according to Beem Light Sauna's standards, subject to zoning laws and community standards. Furthermore, the landlord is required to provide Beem Franchisor LLC with copies of all communications sent to the franchisee regarding the lease and premises.
Beem Light Sauna retains certain rights, including the ability to enter the premises for modifications to protect the Beem Light Sauna system and marks, to address defaults, or to remove distinctive trade dress elements upon termination of the agreement. The franchisee is permitted to assign the lease to Beem Light Sauna under certain conditions, and the landlord agrees to this arrangement without additional fees or rent increases. This multifaceted agreement ensures all parties—franchisee, franchisor, and landlord—are aligned in operating the Beem Light Sauna studio.