Is there a penalty for prepaying the Bath Tune Up Secured Promissory Note?

Based on the 2025 Bath Tune Up Franchise Disclosure Document, the excerpts provided do not specify whether there is a penalty for prepaying the Secured Promissory Note. While Exhibit J references the Secured Promissory Note, it does not detail any terms or conditions related to prepayment penalties.

Item 23 includes information about receipts, state-specific addenda, and amendments to various items within the disclosure document, but it does not address prepayment penalties for the Secured Promissory Note. The absence of this information means a prospective franchisee would need to seek clarification from Bath Tune Up regarding their policy on prepayment penalties.

A prospective Bath Tune Up franchisee should directly ask the franchisor about the terms of the Secured Promissory Note, specifically whether any penalties or fees are associated with early repayment of the note. Understanding these terms is crucial for financial planning and managing debt obligations effectively.