At the end of 2024, how many Beem Light Sauna studios were operating in Michigan?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Studios at Start of Year | Studios Opened | Termina -tions | Non- renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Studios at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Michigan | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–70)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, there was one studio operating in Michigan at the end of 2024. The table provided in Item 20 of the FDD details the number of studios opened, terminated, and operating at the end of each year for each state.
Specifically, for Michigan, the table shows that at the start of 2024, there were zero studios. During 2024, one new Beem Light Sauna studio opened in Michigan. There were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. Therefore, the number of Beem Light Sauna studios operating in Michigan at the end of 2024 was one.
This information is valuable for prospective franchisees as it provides a clear picture of the brand's growth and presence in specific states. It allows potential franchisees to assess the market saturation and growth potential in their desired area. Additionally, it offers insight into the stability and success rate of existing Beem Light Sauna studios, based on the number of terminations or closures.