For a Beem Light Sauna franchise, how is the 'Site' defined in the Franchise Agreement?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
Schedule 1 to Appendix A of the Franchise Agreement Franchisee-Specific Terms
(to be completed after site selection and acceptance)
- 1. Site (Section 4.1):
- 2. Territory (Section 4.2): The Territory, if any, will be specified by us by written notice to you after the Site has been selected and will be an area that we specify surrounding the Site.
Beem Franchisor LLC agrees that, effective on the date specified below, (i) the address listed above is hereby accepted by us as the Site pursuant to Section 4.1 (Site Selection) of this Agreement; and (ii) the area listed above shall be the Territory of this Agreement pursuant to Section 4.2 (Definition of the Territory) of this Agreement. BEEM FRANCHISOR LLC Acknowledged and Agreed:
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, the 'Site' is referenced in Schedule 1 to Appendix A of the Franchise Agreement, which pertains to Franchisee-Specific Terms. This schedule is completed after the site selection and acceptance process. The specific location of the Beem Light Sauna Site is determined according to Section 4.1 of the Franchise Agreement.
Following site selection, Beem Light Sauna will provide written notice to the franchisee, specifying the territory. This territory, defined by Section 4.2 of the Franchise Agreement, will surround the selected site. The franchisor and franchisee must both acknowledge and agree to the address as the official Site, as per Section 4.1 of the agreement.
In summary, the 'Site' refers to the physical location where the Beem Light Sauna franchise will operate, and its selection is a crucial step in the franchising process. The exact address and territory details are formally documented in Schedule 1 to Appendix A of the Franchise Agreement once the location is approved by both parties.