Is there a Lease Rider included as an appendix to the Beem Light Sauna Franchise Agreement?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPT]
Appendix A – Franchisee-Specific Terms
Appendix B – Marks
Appendix C – Payment and Performance Guarantee
Appendix D – Lease Rider
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, a Lease Rider is included as an appendix to the Franchise Agreement. Specifically, Appendix D is designated for the Lease Rider.
This Lease Rider likely contains specific terms and conditions related to the lease agreement between the franchisee and the landlord for the premises where the Beem Light Sauna studio will operate. It ensures that the franchisor, Beem Light Sauna, has certain rights and protections related to the leased property.
Prospective franchisees should carefully review the Lease Rider to understand their obligations and the franchisor's rights regarding the lease. This includes understanding conditions under which Beem Light Sauna can enter the premises, cure defaults, or ensure the removal of trade dress upon termination of the franchise agreement. The franchisee should also understand the conditions for assigning the lease and any restrictions on modifying the lease without the franchisor's consent.