factual

Has a certified public accountant audited the financial figures presented for Body20 in Item 19?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. We calculated the figures in the tables in these financial performance representations using financial reports submitted to Predecessor by franchisees and Predecessor's affiliates. No certified public accountant has audited these figures or expressed his or her opinion concerning their content or form.
    1. Written substantiation for the financial performance representation will be made available to the prospective franchisee upon reasonable request.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 64–69)

What This Means (2025 FDD)

According to Body20's 2025 Franchise Disclosure Document, the financial figures presented in Item 19 have not been audited by a certified public accountant. The FDD clarifies that the figures in the tables within the financial performance representations were calculated using financial reports submitted by franchisees and Body20's affiliates.

This lack of independent auditing means that the financial data presented relies solely on the accuracy and completeness of the reports submitted by franchisees, which may be subject to errors or inconsistencies. A prospective Body20 franchisee should consider this when evaluating the financial performance representations and temper expectations accordingly.

Body20 explicitly states that "No certified public accountant has audited these figures or expressed his or her opinion concerning their content or form." Therefore, it is crucial for potential franchisees to conduct their own due diligence, including consulting with financial advisors and accountants, to independently verify the financial information and assess the potential profitability of a Body20 franchise. They should also request the written substantiation for the financial performance representation, which Body20 will make available upon reasonable request.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.