What is the procedure a Beem Light Sauna franchisee must follow to transfer their franchise?

According to Beem Light Sauna's 2025 Franchise Disclosure Document, a franchisee is restricted from assigning their lease or subletting the premises without first obtaining written consent from Beem Light Sauna. Furthermore, the landlord is also prohibited from consenting to any assignment or subletting by the franchisee unless they have verified that Beem Light Sauna has provided its written consent to the proposed transfer.

This stipulation is included in a Lease Rider that is part of the Franchise Agreement. The Lease Rider outlines the relationship between the Beem Light Sauna franchisor, the franchisee, and the landlord of the premises where the studio is located. It dictates how the lease can be assigned or subletted during the term of the franchise agreement.

This requirement ensures that Beem Light Sauna maintains control over the locations where its franchises operate. By requiring its consent for any lease assignment or subletting, Beem Light Sauna can vet potential new operators and ensure they meet the brand's standards. This protects the brand's reputation and the interests of other franchisees in the system.

For a prospective Beem Light Sauna franchisee, this means that if they wish to sell their franchise or sublet their location, they must first seek approval from Beem Light Sauna. This adds an extra layer to the transfer process, as the franchisee must not only find a suitable buyer or subtenant but also convince Beem Light Sauna that the proposed transfer is in the best interest of the franchise system.