What was the net change in the number of affiliate-owned Beem Light Sauna studios during 2024?

According to Beem Light Sauna's 2025 Franchise Disclosure Document, the net change in affiliate-owned studios during 2024 was -1. This means that Beem Light Sauna had one fewer affiliate-owned studio at the end of 2024 compared to the beginning of the year. At the start of 2024, there were 2 affiliate-owned studios, and by the end of the year, there was only 1.

This decrease in affiliate-owned studios could be due to several factors, such as the closure of an underperforming studio, a sale to a franchisee, or a change in the ownership structure. It is important to note that in January 2025, the current franchisor acquired the franchise system from a predecessor. During the years 2022, 2023 and 2024, the predecessor's affiliates owned and operated studios, which are categorized as "Affiliate-Owned Studios" in Item 20. After the acquisition, these affiliate-owned studios became franchised studios operated under an arms-length agreement with the franchisor.

For a prospective franchisee, this information highlights the importance of understanding the history and evolution of the Beem Light Sauna franchise system. The shift from affiliate-owned to franchised studios may impact the support and resources available to new franchisees. It would be prudent for potential franchisees to inquire about the reasons for the decrease in affiliate-owned studios and the implications of this change on the overall franchise network. Understanding the performance and transition of these studios can provide valuable insights into the potential risks and opportunities associated with investing in a Beem Light Sauna franchise.