Can Beem Light Sauna waive the requirement for a Lease Rider?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
Before you make a binding commitment to purchase, lease, or sublease a site, we must approve in writing the proposed lease or purchase agreement or any letter of intent between you and the third-party seller or lessor. If you or your affiliate leases the site, unless we waive the requirement in writing, you must arrange for the execution of the Lease Rider in the form that is attached as Appendix D to the Franchise Agreement (the Franchise
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 37–47)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, a franchisee or their affiliate who leases a site must arrange for the execution of a Lease Rider, using the form attached as Appendix D to the Franchise Agreement, unless Beem Light Sauna waives this requirement in writing. This Lease Rider is an addendum to the lease agreement between the franchisee and their landlord, providing additional protections and assurances to Beem Light Sauna.
The purpose of the Lease Rider is to protect Beem Light Sauna's interests by ensuring that the lease terms are favorable and do not conflict with the franchise agreement. It also allows Beem Light Sauna to have certain rights related to the leased property, such as the ability to assume the lease if the franchisee defaults or terminates the agreement. This is a fairly standard practice in franchising, as it gives the franchisor more control over the location and helps maintain brand consistency.
If Beem Light Sauna decides to waive the Lease Rider requirement, it must do so in writing. This waiver provides flexibility in situations where the landlord may be unwilling to accept the Lease Rider or where the specific terms of the lease are already deemed acceptable by Beem Light Sauna. However, franchisees should be aware that obtaining a waiver is not guaranteed and may depend on the specific circumstances of the lease and the site. Prospective franchisees should discuss the possibility of a waiver with Beem Light Sauna during the site selection process to understand the conditions under which a waiver may be granted.