- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$209K - $569K
- Units as of 2023
-
4
Company Overview
About beem Light Sauna
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Miscellaneous Personal-Care Businesses,Health & Wellness |
| Founded | 2021 |
| Parent Company | Get Lit Concepts LLC |
| Leadership | Roger Martin, CEO |
| Corporate Address | 13620 Reese Blvd. E., #300 Huntersville, NC 28078 |
| Social | Facebook,LinkedIn,Instagram,YouTube,Pinterest |
Business Overview
| Franchising Since | 2022(1 years) |
|---|---|
| # of employees at HQ | 25 |
| Where seeking | This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming |
| # of Units | 4(as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a beem Light Sauna franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
| Initial Franchise Fee
|
$49,900 |
|---|---|
| Initial Investment
|
$209,250 - $568,750 |
| Net Worth Requirement
|
$300,000 |
| Cash Requirement
|
$60,000 |
| Veteran Incentives
|
$5,000 off franchise/development fee |
| Royalty Fee
|
7% |
| Ad Royalty Fee
|
1% |
| Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | beem Light Sauna has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 10个小时 |
|---|---|
| Classroom Training | 29 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
| Can this franchise be run from home/mobile unit?
|
No |
| Can this franchise be run part time?
|
No |
| Are exclusive territories available?
|
Yes |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
你渴望se吗e what else is out there? Browse franchises that are similar to beem Light Sauna.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
This Marine Turned Around Two Businesses Through Exceptional Leadership. Now They're Approaching a Combined $1 Million in Revenue.
Luke Cain took what he learned about leadership and determination in the Marine Corps and applied it to his businesses. The result has been rapid growth.
McDonald's Just Announced 'Free Fries Fridays.' Here's How to Get In On the Deal.
The fast-food giant is giving away its most popular item—with a few conditions.
Millennials Are Getting Too Old for Crypto's Volatility. Many Are Moving to Franchising as a Safer Option.
After years marked by scandals and seeing their peers losing their life savings in Ethereum, many Millennial investors are looking for an alternative to crypto — and finding it in franchising.
Net Worth Calculator for Franchises
Use this financial tool to help you along on your franchise journey.
The 6 Key Metrics Successful Franchise Restaurants Use to Measure Potential
Here are six metrics that top franchise restaurants use — that you can use as well — to determine the potential of a new project and whether it's worth their time.
Micha Magid of Mighty Quinn's BBQ Says Restaurants Need to Break the Mold When It Comes to Franchising. Here's Why.
Mighty Quinn's BBQ co-founder Micha Magid discusses scaling a business, building a restaurant tech stack, and abandoning a one-size-fits-all approach to franchising.
