Which exhibit contains the Body20 Development Agreement?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPT]
EXHIBIT B TO THE FRANCHISE DISCLOSURE DOCUMENT
Development Agreement
(attached)
BODY20®
DEVELOPMENT AGREEMENT
between
BODY20 FRANCHISOR LLC
and
_________________
Developer: ___________________ Development Area: _______________________
TABLE OF CONTENTS
Source: Item 22 — CONTRACTS (FDD page 74)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, the Development Agreement is included as Exhibit B. This exhibit is attached to the FDD. A Development Agreement is used when a franchisee commits to opening multiple Body20 studios within a specific territory.
This agreement outlines the developer's rights and responsibilities regarding the development of multiple Body20 studios within a defined area, according to a specific schedule. It also states that the franchisee must sign Body20's standard franchise agreement for each studio they develop.
Prospective Body20 franchisees should carefully review Exhibit B to understand the terms and conditions of the Development Agreement, especially if they plan to open multiple locations. This includes understanding the development schedule, the obligations for executing individual franchise agreements for each location, and any specific requirements or restrictions related to the development area.