Does the Body20 FDD receipt ask if the prospective franchisee contacted any existing Body20 franchisees about their financial performance?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Have you contacted any of our existing franchisees about their financial performance? | |
|---|---|
| Yes | |
| No | |
| If your answer to Question 12 is "yes," please describe the information that they shared | |
| with you in the following space. (You do not need to identify the franchisees with whom | |
| you spoke.) |
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
Yes, according to the 2025 Body20 Franchise Disclosure Document, the receipt includes a question asking if the prospective franchisee has contacted any existing Body20 franchisees regarding their financial performance. Specifically, the receipt asks, "Have you contacted any of our existing franchisees about their financial performance?" with options to answer "Yes" or "No."
If the prospective franchisee answers "yes" to contacting existing franchisees, the receipt further prompts them to describe the information shared, without requiring the identification of the franchisees they spoke with. This allows Body20 to gauge the information being disseminated by its current franchisees and understand the expectations of potential franchisees.
This inquiry is a standard practice in franchising, as it helps franchisors understand the information channels and potential misrepresentations that may occur outside of official FDD disclosures. It also serves as an acknowledgement from the franchisee that they have independently sought information, which can be relevant in potential disputes. By including this question, Body20 aims to ensure transparency and manage expectations among new franchisees.