According to the Body20 Franchisee-Specific Terms, what is included in the Development Schedule?

According to Body20's 2025 Franchise Disclosure Document, the Development Schedule, found within the Franchisee-Specific Terms, outlines the franchisee's obligation to establish and operate a specified total number of Body20 studios within the designated Development Area during the term of the Development Agreement. This total includes the initial studio covered by the Initial Franchise Agreement. The specific number of studios to be developed is detailed in the Development Schedule.

This schedule is a critical component of the Development Agreement, setting clear expectations for the pace of expansion. Franchisees must adhere to this schedule to maintain their development rights within the agreed-upon area. The Development Agreement grants the franchisee the right, and imposes the obligation, to develop and open the number of studios specified in Appendix A, according to the Development Schedule also found in Appendix A.

Prospective Body20 franchisees should carefully review Appendix A of the Franchise Agreement to understand the specific number of studios they are required to open and the timeline for doing so. Failure to meet the milestones outlined in the Development Schedule could result in a breach of the Development Agreement and potential loss of development rights. The franchisee needs to be aware of the implications of not meeting the development obligations, as it directly impacts their ability to expand their Body20 business within the agreed territory.