According to the Body20 FDD, what exhibits are included in the disclosure document?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT A TO THE FRANCHISE DISCLOSURE DOCUMENT
Franchise Agreement
(attached)
BODY20®
FRANCHISE AGREEMENT
between
BODY20 FRANCHISOR LLC
and
_________________
Studio Number: Studio City and State:
TABLE OF CONTENTS
EXHIBIT B TO THE FRANCHISE DISCLOSURE DOCUMENT
Development Agreement
(attached)
BODY20®
DEVELOPMENT AGREEMENT
between
BODY20 FRANCHISOR LLC
and
_________________
Developer: _________________ Development Area: ___________________
TABLE OF CONTENTS
EXHIBIT I TO THE FRANCHISE DISCLOSURE DOCUMENT
Additional State-Required Disclosures and Riders
ADDITIONAL DISCLOSURES FOR THE FRANCHISE DISCLOSURE DOCUMENT OF BODY20 FRANCHISOR LLC
The following are additional disclosures for the Franchise Disclosure Document of BODY20 Franchisor LLC required by various state franchise laws. Each provision of these additional disclosures will only apply to you if the applicable state franchise registration and disclosure law applies to you.
CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, AND WISCONSIN
The following provision applies only to franchisees and franchised Studios that are subject to the state franchise disclosure laws in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and/or Wisconsin:
No statement, questionnaire, or acknowledgement signed or agreed to by you in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by us, any franchise seller, or any other person acting on behalf of us. This provision supersedes any other term of any document executed in connection with the franchise.
EXHIBIT J TO THE FRANCHISE DISCLOSURE DOCUMENT
Compliance Questionnaire
(attached)
QUESTIONNAIRE TO BE COMPLETED BEFORE YOU SIGN THE FRANCHISE AGREEMENT
THIS QUESTIONNAIRE SHALL NOT BE COMPLETED BY YOU, AND WILL NOT APPLY, IF THE OFFER OR SALE OF THE FRANCHISE IS SUBJECT TO THE STATE FRANCHISE DISCLOSURE LAWS IN THE STATES OF CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, OR WISCONSIN.
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, several exhibits are attached to the document. These exhibits provide additional information and agreements relevant to the franchise offering. Specifically, Exhibit A is the Franchise Agreement, which outlines the terms and conditions between Body20 Franchisor LLC and the franchisee. Exhibit B is the Development Agreement, used when a franchisee plans to develop multiple Body20 studios. Exhibit I includes additional state-required disclosures and riders, ensuring compliance with specific state franchise laws. Exhibit J is a compliance questionnaire. These exhibits are integral parts of the FDD and provide detailed information for prospective franchisees to review.
It is important for potential Body20 franchisees to carefully review each exhibit, as they contain legally binding terms and conditions. The Franchise Agreement (Exhibit A) details the obligations, responsibilities, and rights of both the franchisor and franchisee. The Development Agreement (Exhibit B) is crucial for those planning to expand with multiple locations, outlining the development schedule and requirements.
The state-specific disclosures in Exhibit I are essential for franchisees operating in states with franchise-specific laws, such as California, Hawaii, Illinois, and others, as these disclosures address specific legal requirements and protect franchisee rights within those states. The compliance questionnaire in Exhibit J is designed to confirm that the franchisee understands the terms of the franchise agreement and that no unauthorized statements or promises have been made. However, the questionnaire does not apply to franchisees in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin.
Prospective Body20 franchisees should consult with legal and financial advisors to fully understand the implications of each exhibit before signing any agreements. Understanding these documents is a critical step in making an informed decision about investing in a Body20 franchise.