Can a Beem Light Sauna franchisee finance the Initial FF&E Payment through third parties?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
You must pay us an initial FF&E payment as set forth in Appendix A (the "Initial FF&E Payment") prior to opening your Studio and as we specify, which you may finance through third parties.
The Initial FF&E Payment is paid in consideration of an initial package of furniture, fixtures, and equipment that we will supply to you.
We will specify the items in your initial FF&E package.
You may be required to purchase additional products or equipment from us, our Affiliates, or our designated vendors prior to opening your Studio for an additional fee.
You acknowledge that we have no obligation to refund the Initial FF&E Payment, in whole or in part, for any reason.
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, franchisees have the option to finance the Initial FF&E (Furniture, Fixtures, and Equipment) Payment through third-party financing. The Initial FF&E Payment is specified in Appendix A of the Franchise Agreement.
The Initial FF&E Payment is made in exchange for an initial package of furniture, fixtures, and equipment that Beem Light Sauna will provide to the franchisee. Beem Light Sauna will specify the items included in this initial FF&E package. Franchisees may also be required to purchase additional products or equipment from Beem Light Sauna, its affiliates, or designated vendors before opening their studio, which would incur additional fees.
It's important to note that Beem Light Sauna has no obligation to refund the Initial FF&E Payment, either in whole or in part, regardless of the reason. Therefore, franchisees should carefully consider their financing options and business plan before making this payment.