Who calculated the financial performance figures for Body20?

According to Body20's 2025 Franchise Disclosure Document, the financial performance figures presented in Item 19 were calculated by Body20's predecessor using financial reports submitted by franchisees and the predecessor's affiliates. It is important to note that these figures have not been audited by a certified public accountant. This means that an independent expert has not verified the accuracy and reliability of the data.

For a prospective Body20 franchisee, this implies a degree of risk. While the financial performance representations can offer insights into potential revenue, the lack of an audit means there is less assurance that the figures are completely accurate. It is crucial for potential franchisees to understand that their individual results may differ, and there is no guarantee they will achieve the same level of sales or earnings as the studios included in the financial performance representation.

Given that the financial data has not been audited, Body20 encourages prospective franchisees to consult with their own accounting, business, and legal advisors to help them prepare their budgets and assess the potential financial performance of the franchise. Additionally, Body20 suggests contacting existing franchisees to discuss their experiences with the system and their franchise business. This direct engagement can provide valuable, firsthand insights into the realities of operating a Body20 franchise.

Prospective franchisees should also remember that Body20 will make written substantiation for the financial performance representation available upon reasonable request. This documentation could provide additional details and support for the figures presented in Item 19, although it's important to keep in mind that this substantiation has not been independently verified.