What technology-related fees must a Beem Light Sauna franchisee pay prior to opening?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure (1) | Low Estimate | High Estimate | Method of Payment | When Due | To Whom Payment Is Made |
|---|---|---|---|---|---|
| Technology System (13) | $5,500 | $7,500 | As incurred | As incurred | Third-party vendors |
| Technology-Related Fees | $3,147 | $3,147 | Lump sum | Monthly | Us and third- |
| (14) | party vendors |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 26–31)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, franchisees will incur technology-related fees in the three months prior to opening their studio. These fees include a Technology Fee of $450 per month, payable to Beem Light Sauna. Additionally, there is a POS (Point of Sale) system license fee of $599 per month, which is paid to a third-party vendor, MindBody.
In total, the estimated technology-related fees amount to $3,147. This figure encompasses both the fees paid directly to Beem Light Sauna and those paid to third-party vendors for essential software licenses. The Technology System itself, which includes the hardware, software, and network connections necessary for the point-of-sale and reservation systems, is listed separately with an estimated cost between $5,500 and $7,500, payable to third-party vendors.
Prospective franchisees should budget accordingly for these technology expenses, ensuring they have sufficient capital to cover these costs during the pre-opening phase. Understanding these fees is crucial for accurate financial planning and ensuring a smooth launch of their Beem Light Sauna studio. It is also important to note that these fees are in addition to the costs associated with acquiring the Technology System hardware and software.