factual

Has a certified public accountant audited the Body20 financial performance figures?

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 performance figures presented in Item 19 have not been audited by a certified public accountant. The FDD specifies that the figures in the tables were calculated using financial reports submitted by franchisees and Body20's affiliates.

This means that the financial performance data provided should be viewed with caution. Prospective franchisees should not assume the data is error-free or presented according to standard accounting practices. The lack of an independent audit increases the risk that the figures may be incomplete, inaccurate, or misleading.

Body20 does provide written substantiation for the financial performance representation upon reasonable request. It is highly advisable that potential franchisees carefully review this substantiation and consult with their own financial advisors to assess the reliability and relevance of the data. Due diligence, including contacting existing franchisees, is essential to form an independent opinion on the potential financial performance of a Body20 franchise.

The FDD explicitly states that "No certified public accountant has audited these figures or expressed his or her opinion concerning their content or form." This disclaimer underscores the importance of independent verification and professional advice before making any investment decisions.

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.