factual

What is the deadline for a Body20 franchisee to complete construction and open their studio?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

must notify us in writing promptly when construction begins and must maintain continuous construction until the Studio is completed. You agree to complete the construction of your Studio in accordance with the approved Plans at your expense. We and our agents may inspect the construction at all reasonable times. After completion of construction, you must promptly obtain a certificate of occupancy and provide a copy of the certificate to us.

  • 4.5 Opening Deadline. You must complete construction of and open your Studio for business no later than 270 days after the Effective Date (the "Opening Deadline"), unless we grant you an extension in writing. We may, in our sole discretion, extend the Opening Deadline, which we may condition on you agreeing to pay an extension fee of $2,500 for each month (or portion of a month) for which the Opening Deadline is extended and you executing a general release. You may not open the Studio until you have received our written approval, which we will not provide until (i) we have viewed the certificate of occupancy, (ii) confirmed that you have complied with the Plans, (iii) confirmed that you have complied with the pre-opening marketing obligations set forth in this Agreement and have done so in accordance with our System Standards as set forth in the Manuals, (iv) your initial employees have satisfied any applicable training requirements that we designate;

Source: Item 23 — RECEIPT (FDD pages 74–251)

What This Means (2025 FDD)

According to Body20's 2025 Franchise Disclosure Document, a franchisee must complete construction and open their studio for business no later than 270 days after the Effective Date, which is referred to as the "Opening Deadline". This date is defined in Appendix A of the Franchise Agreement. The franchisee may request a written extension to this deadline from Body20.

Body20 may grant an extension at its sole discretion, but it may require the franchisee to pay an extension fee of $2,500 for each month (or portion thereof) that the deadline is extended. Additionally, Body20 may require the franchisee to execute a general release as a condition of the extension.

Even if construction is complete, the franchisee cannot open the Body20 studio until they receive written approval from Body20. This approval is contingent upon several factors, including Body20 viewing the certificate of occupancy, confirming compliance with the approved plans, confirming compliance with pre-opening marketing obligations, ensuring initial employees meet training requirements, and meeting the minimum pre-opening membership requirements. The franchisee must then open the studio to the public within ten days of receiving Body20's written approval.

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.