As of February 28, 2025, how many Beem Light Sauna studios were in operation?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
As of February 28, 2025, there were 44 Studios in operation, including 43 franchised Studios and one Studio operated by Predecessor's affiliates (which we have categorized as "Affiliate-Owned Studios"). In this Item 19, we have included data from all four Covered Studios, including two of the 43 franchised Studios and the only Affiliate-Owned Studio. 13 franchised Studios were excluded because they opened during the Reporting Period and were not open for all of the Reporting Period, and 27 franchised Studios were excluded because they had not been open 12 months as of the start of the Reporting Period. No Affiliate-Owned Studios were excluded. No Studios permanently closed during the Reporting Period.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 62–66)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, as of February 28, 2025, there were a total of 44 Beem Light Sauna studios in operation. This total includes 43 franchised studios and one studio operated by Predecessor's affiliates, which are categorized as Affiliate-Owned Studios.
Of these 44 studios, the Item 19 financial performance representation includes data from only four studios, which are referred to as "Covered Studios". The other 40 studios were excluded from the financial performance data for specific reasons. Thirteen franchised studios were excluded because they opened during the Reporting Period and were not open for the entire period. An additional 27 franchised studios were excluded because they had not been open for at least 12 months as of the beginning of the Reporting Period. The single Affiliate-Owned Studio was included in the financial performance data.
For a prospective franchisee, this information highlights the importance of understanding the criteria used for selecting studios included in the Item 19 financial performance representation. The data provided may not be representative of all Beem Light Sauna locations, particularly newer ones or those with a shorter operating history. It is also important to note that the financial performance data is based on a limited five-month reporting period due to incomplete data from the predecessor for prior periods. Therefore, prospective franchisees should consider these factors and conduct their own due diligence, including contacting existing franchisees, to gain a more comprehensive understanding of potential financial performance.