Are the remedies for understatement of Gross Sales in the Beem Light Sauna agreement in addition to other remedies?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
If you breach or threaten to breach this Agreement, you agree that we will be entitled to injunctive relief (without posting bond) as well as a suit for damages.
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
Based on the 2025 Beem Light Sauna Franchise Disclosure Document, if a franchisee breaches the agreement, Beem Light Sauna is entitled to injunctive relief (without posting bond) and can also pursue a suit for damages. This suggests that Beem Light Sauna has multiple avenues for recourse if a franchisee violates the franchise agreement. Injunctive relief would involve a court order for the franchisee to stop the behavior that constitutes the breach. A suit for damages would allow Beem Light Sauna to seek financial compensation for any losses suffered as a result of the franchisee's breach.
This section of the franchise agreement does not specifically address remedies for understatement of gross sales. However, the remedies outlined are applicable to any breach of the agreement, which would include underreporting sales figures. The remedies available to Beem Light Sauna are in addition to any other rights or remedies they may have under the law or the franchise agreement.
It is important for a prospective franchisee to understand the full scope of their obligations under the franchise agreement and the potential consequences of failing to meet those obligations. Underreporting sales is a serious breach that can lead to significant penalties, including legal action and termination of the franchise agreement. Franchisees should consult with a legal professional to fully understand their rights and responsibilities under the franchise agreement.