How many Beem Light Sauna studios in Minnesota were reacquired by the franchisor in 2023?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 2 Transfers of Studios from Franchisees to New Owners (other than to us) For years 2022 to 2024
| State | Year | Number of Transfers | |---|---|---| | North Carolina | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Total | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | Table No. 3 Status of Franchised Studios For years 2022 to 2024
| State | Year | Studios at Start of Year | Studios Opened | Termina -tions | Non- renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Studios at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Arkansas | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Arizona | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Colorado | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–70)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, there were no studios in Minnesota reacquired by the franchisor during 2023. The provided table in Item 20 outlines the studio activities from 2022 to 2024, showing the number of studios at the start of the year, studios opened, terminations, non-renewals, reacquired studios, ceased operations, and the number of studios at the end of the year.
Specifically, for Minnesota in 2023, the table indicates that the number of studios at the start of the year was 0, no studios were opened, there were no terminations or non-renewals, and the number of studios reacquired by Beem Light Sauna was 0. Additionally, no studios ceased operations for other reasons, resulting in 0 studios at the end of 2023.
This data point is crucial for potential franchisees as it provides insight into the stability and performance of existing Beem Light Sauna franchises. A high number of reacquired studios could indicate financial instability or operational challenges within the franchise system, while a low number, as in this case, suggests a healthy franchise network in Minnesota.