What information must be included when signing the Beem Light Sauna disclosure document receipt?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
ASHINGTON**
(See State-Specific Riders to the Franchise Agreement.)
EXHIBIT J TO THE FRANCHISE DISCLOSURE DOCUMENT
Compliance Questionnaire
(attached)
QUESTIONNAIRE TO BE COMPLETED BEFORE YOU SIGN THE FRANCHISE AGREEMENT
THIS QUESTIONNAIRE SHALL NOT BE COMPLETED BY YOU, AND WILL NOT APPLY, IF THE OFFER OR SALE OF THE FRANCHISE IS SUBJECT TO THE STATE FRANCHISE DISCLOSURE LAWS IN THE STATES OF CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, OR WISCONSIN.
DO NOT SIGN THE ACKNOWLEDGEMENT IF THE FRANCHISE IS TO BE OPERATED IN, OR YOU ARE A RESIDENT OF, MARYLAND.
You are preparing to enter into a beem® Light Sauna Franchise Agreement (the "Franchise Agreement") with Beem Franchisor LLC ("we" or "us"). The purpose of this Questionnaire is to confirm that you understand the terms of the contract and that no unauthorized statements or promises have been made to you. Please review each of the following questions and statements carefully and provide honest and complete responses to each. In this Questionnaire, our "representatives" include our officers, directors, employees, agents, sales brokers, and/or any other representatives working on our behalf.
| 1. | When and where did you have your first face-to-face meeting with our representative(s)? |
|---|---|
| Approximate date of first meeting: | |
| Place of meeting: | |
| 2. | Which of our representative(s) have you been dealing with? |
| Name(s): | |
| 3. | Have you personally read the beem® Light Sauna Disclosure Document ("FDD")? |
| Yes | |
| No | |
| 4. | Did you give us a signed receipt for the copy of the FDD that we furnished to you? |
| Yes | |
| No | |
| If yes, on what date? | |
| 5. | Do you understand all of the information contained in the FDD? |
| Yes | |
| No | |
| If not, what parts of the FDD do you not understand? (Attach additional pages, if | |
| necessary.) | |
| Have you personally read the Franchise Agreement? | |
|---|---|
| Yes | |
| No | |
| Do you understand all of the terms of the Franchise Agreement? | |
| Yes | |
| No | |
| If not, what parts of the Franchise Agreement do you not understand? (Attach additional | |
| pages, if necessary.) | |
| Have any of our representatives recommended that you have the FDD and related | |
| agreements reviewed by an attorney or other professional advisor? | |
| Yes | |
| No | |
| Have you, in fact, discussed the FDD, the related agreements, and the benefits and risks | |
| of operating a beem® Light Sauna franchise with an attorney, accountant, or other | |
| professional advisor? | |
| Yes | |
| No | |
| If yes, name and profession of advisor: | |
| If no, do you wish to have more time to do so? |
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, the receipt requires franchisees to provide specific details regarding their initial interactions with the franchisor. This includes the approximate date and place of the first face-to-face meeting with Beem Light Sauna representatives, as well as the names of the representatives they have been dealing with. The franchisee must also confirm whether they have personally read the FDD and whether they provided a signed receipt for it, including the date of signing, if applicable.
Furthermore, the receipt requires the franchisee to acknowledge their understanding of the information contained within the FDD. If the franchisee does not understand any part of the FDD, they are prompted to specify which sections are unclear. This ensures that franchisees are fully informed about the franchise opportunity before making a commitment.
Finally, the receipt includes questions designed to uncover any unauthorized or inconsistent statements made by the franchisor's representatives. Franchisees are asked whether any representatives made statements about potential revenue or profits, or any other financial performance information, that they will generate. They are also asked whether any statements or promises regarding advertising, marketing, training, support, or assistance differed from the information in the FDD. If any such statements were made, the franchisee is required to provide detailed information about them, including when, where, and by whom they were made. This comprehensive questionnaire aims to protect both the franchisee and the franchisor by ensuring transparency and adherence to the FDD's disclosures.