Is the Franchise Agreement included as an exhibit to the Beem Light Sauna Disclosure Document?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
"Owner**." Your Owners and their spouses (as applicable) must sign the Payment and Performance Guarantee attached to the Franchise Agreement, the current form of which is attached to this Disclosure Document as Exhibit A (the "Franchise Agreement"), which means that all of the provisions of the Franchise Agreement will also apply to your Owners and their spouses (as applicable).
We are a limited liability company formed in Delaware on December 30, 2024. We do business under the beem® Light Sauna name (the "Brand").
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, the Franchise Agreement is included as Exhibit A. Specifically, Item 1 states that the current form of the Franchise Agreement is attached to the Disclosure Document as Exhibit A. This means prospective franchisees can review the entire agreement, including all its terms and conditions, before making any commitments to Beem Light Sauna.
Furthermore, the Payment and Performance Guarantee, which Owners and their spouses must sign, is attached to the Franchise Agreement. This guarantee ensures that the Owners are also bound by the Franchise Agreement's provisions. The FDD also includes a table of contents for the Franchise Agreement.
Including the Franchise Agreement as an exhibit is standard practice in franchising, allowing potential franchisees to fully understand their rights and obligations before investing. Reviewing this document carefully, possibly with legal counsel, is a crucial step in the due diligence process.