What was the contribution from the member to Beem Light Sauna as of April 8, 2025?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
e and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Los Angeles, California
May 2, 2025
Financial Statements
**Sequel Brands Holdings, LLC Balance She
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, the contribution from the member as of April 8, 2025, which is also noted as the inception date, was $1,000,000. This contribution is listed under the 'MEMBER'S EQUITY' section of the financial data provided.
This initial contribution is a significant indicator of the financial backing and resources available to Beem Light Sauna at its formation. For a prospective franchisee, this suggests that the franchisor has a substantial financial foundation, which can be crucial for supporting the franchise system and its franchisees.
It's important to note that this contribution was made to Sequel Brands Holdings, LLC, the parent company of Beem Light Sauna. This structure is common in franchising, where a holding company manages multiple franchise brands. The financial health of the parent company can indirectly affect the resources and support available to individual franchise brands like Beem Light Sauna. Therefore, understanding the financial relationship between the franchisor and its parent company is a key aspect of due diligence for potential franchisees.