By what day of the month is the Body20 Royalty Fee due?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty Fee (2) | 8% of the Gross Sales of the Studio. | Currently due weekly by the 5th of each month (the "Payment Due Date") | See Note 2 for the definition of Gross Sales. |
Source: Item 6 — OTHER FEES (FDD pages 19–26)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, the Royalty Fee is due by the 5th of each month. This fee is calculated as 8% of the studio's Gross Sales. The FDD specifies that the payment is currently due weekly, but must be paid no later than the 5th of each month, which they refer to as the "Payment Due Date".
For a prospective Body20 franchisee, this means that managing cash flow to ensure timely royalty payments is crucial. Gross Sales are defined elsewhere in the FDD, and it is important to understand what is included in that definition to accurately calculate the 8% royalty. Franchisees should also note that while the payments are currently collected weekly, they must be paid no later than the 5th of each month.
Missing the royalty payment due date could result in penalties or other consequences as outlined in the Franchise Agreement. Therefore, franchisees must establish efficient accounting practices to track Gross Sales and remit the royalty fee by the specified deadline. Understanding the definition of Gross Sales is critical for accurate calculation and payment of the royalty fee.