beem Light Sauna Franchise FDD, Profits, Costs & Fees (2024)
beem® Light Sauna is an innovative health and wellness franchise specializing in holistic, science-backed light therapy solutions. Founded in 2021 by Cynthia May, the company is headquartered in Charlotte, North Carolina. beem® began offering franchise opportunities in 2022, aiming to expand its unique services across the United States.
The franchise offers a range of services, including infrared sauna therapy, red light therapy, and chromotherapy, all designed to enhance mental and physical well-being. These therapies address various health aspects such as pain relief, metabolism boost, stress reduction, immunity enhancement, and skin rejuvenation.
beem® differentiates itself by providing private light therapy suites equipped with advanced technology, including iPads and Bluetooth speakers, allowing members to personalize their experience in a serene, spa-like environment.
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Initial Investment
How much does it cost to start a beem Light Sauna franchise? It costs on average between $513,000 – $739,000 to start a beem Light Sauna franchised studio.
This includes costs for construction, specialized sauna equipment, initial inventory, and initial operating expenses. The exact amount varies depending on factors such as the size and layout of the sauna facility, the location, and whether the franchisee opts to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $59,900 |
| Rent and Security Deposit | $5,400 – $10,500 |
| Construction Management | $19,000 |
| Utilities | $500 – $2,000 |
| Architect Fee | $13,000 – $15,000 |
| Leasehold Improvements | $231,906 – $301,392 |
| Initial Advertising Spend | $22,550 – $27,550 |
| PreOpening/PreLaunch Consulting and Membership Services | $0 – $50,000 |
| Inventory, Furniture, Fixtures, and Equipment | $129,153 – $169,649 |
| Computer Systems | $1,000 – $2,000 |
| Insurance | $4,000 – $6,000 |
| Signage | $8,000 – $14,000 |
| Office Expenses | $500 – $1,500 |
| Licenses and Permits | $500 – $1,500 |
| Professional Fees | $1,500 – $3,000 |
| Travel, lodging, and meals for initial training | $1,000 – $6,000 |
| Additional Funds (for first 3 months) | $15,000 – $50,000 |
| Total | $512,909 – $738,991 |
Average Revenue (AUV)
How much revenue can you make with a beem Light Sauna franchise? A beem Light Sauna franchised facility makes on average $786,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $841,000 yearly revenue for similar massage & spa franchises.
Below are a few competitors in comparison:
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beem Light Sauna Franchise Disclosure Document
Frequently Asked Questions
How many beem Light Sauna locations are there?
As of the latest data, beem® Light Sauna operates a total of 15 locations across the United States. This includes 5 company-owned studios and 10 franchise-owned studios.
What is the total investment required to open a beem Light Sauna franchise?
The total investment required to open a beem Light Sauna franchise ranges from $513,000 to $739,000.
What are the ongoing fees for a beem Light Sauna franchise?
Beem® Light Sauna franchisees pay a royalty fee of 7% of monthly gross sales or $1,750 per month, whichever is greater. Marketing fees include a Brand Fund contribution of 1% of gross sales or $250 per month (whichever is greater) and a $850 monthly marketing management fee to the designated agency.
What are the financial requirements to become a beem Light Sauna franchisee?
To qualify as a beem® Light Sauna franchisee, you must have a minimum net worth of $700,000 and at least $150,000 in liquid capital.
These financial thresholds are established to ensure that franchisees possess the necessary resources to support the initial investment and ongoing operational expenses associated with opening and maintaining a beem® Light Sauna studio.
How much can a beem Light Sauna franchise owner expect to earn?
The average gross sales for a beem Light Sauna franchise are approximately $0.77 million per location. Assuming a 15% operating profit margin, $0.77 million yearly revenue can result in $116,000 EBITDA annually.
Who owns beem Light Sauna?
beem® Light Sauna is owned by Cynthia May and Roger Martin, who co-founded Beem® Light Sauna. Cynthia May serves as the Chief Executive Officer, while Roger Martin acts as a Senior Advisor, guiding the company’s operations and growth.
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