What is the estimated low and high range for the Body20 Technology-Related Fees?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
ing services at your Studio.
ITEM 7 ESTIMATED INITIAL INVESTMENT
YOUR ESTIMATED INITIAL INVESTMENT
| Low | High | Method of | To Whom Payment | ||
|---|---|---|---|---|---|
| Type of Expenditure (1) | Estimate | Estimate | Payment | When Due When you sign Franchise | Is Made |
| Franchise Fee (2) | $65,000 | $65,000 | Lump sum |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 26–32)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, the estimated initial investment for Technology-Related Fees ranges from $4,977 to $4,977. This fee is paid in a lump sum and monthly to both Body20 and third-party vendors.
Item 7 outlines that the Technology-Related Fees include the technology-related fees incurred in the three months prior to opening. This includes a Technology Fee of $1,060 per month, payable to Body20, and a POS system license fee of $599 per month, payable to MindBody, a third-party vendor.
Prospective franchisees should note that while the initial estimate for Technology-Related Fees is fixed at $4,977, ongoing monthly fees for technology will continue to be a part of the operating expenses. Understanding the specific technology requirements and associated costs is crucial for budgeting and financial planning.