What is the total reported value of current assets for Beem Light Sauna?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
- Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about Sequel Brands Holdings, LLC's ability to contin
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, the company reports having $1,000,000 in current assets. This indicates the value of assets that Beem Light Sauna expects to convert to cash within one year. These assets can include cash, accounts receivable, and marketable securities.
In addition to current assets, the document states that the total assets for Beem Light Sauna are also valued at $1,000,000. This implies that the company's assets are primarily composed of current assets, with limited or no long-term assets reported at the time of this financial statement.
The FDD also indicates that the total member's equity is $1,000,000, while total liabilities are reported as zero. This balance sheet information provides a snapshot of the company's financial position, reflecting its assets, liabilities, and equity at a specific point in time.
Prospective franchisees should consider these figures in the context of Beem Light Sauna's overall financial health and consult with a financial advisor to assess the implications for their investment.