factual

What is a Body20 franchisee acknowledging about the terms and covenants in the agreement?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (c) No Reliance on Contrary Representations.

You have no knowledge of any representations made about the franchise opportunity by us, our affiliates, or any of our or their officers, directors, owners, or agents that are contrary to the statements made in our FDD or to the terms and conditions of this Agreement.

You are not relying on any representations or warranties, express or implied, furnished by us or our representatives other than those expressly set forth in this Agreement and the FDD.

  • (d) Financial Performance Representations.

Except as may be stated in the FDD, neither we, nor any of our affiliates, nor any of our or our affiliates' officers, agents,

employees, or representatives have made any representation to you, express or implied, as to the historical revenues, earnings, or profitability of any Studio or the anticipated revenues, earnings, or profitability of the business subject to the license or any other business operated by us, our licensees, our franchisees, or our affiliates. Any information you have acquired from other franchisees regarding their sales, profits or cash flows is not information obtained from us, and we make no representation about that information's accuracy

18.6 No Waiver or Disclaimer of Reliance in Certain States. The following provision applies only to franchisees and Studios that are subject to the state franchise disclosure laws in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin:

No statement, questionnaire, or acknowledgement signed or agreed to by you in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by us, any franchise seller, or any other person acting on behalf of us. This provision supersedes any other term of any document executed in connection with the franchise.

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

What This Means (2025 FDD)

According to the 2025 Body20 Franchise Disclosure Document, a franchisee acknowledges several key aspects regarding the franchise agreement. Specifically, the franchisee confirms they are not relying on any representations or warranties from Body20 or its representatives that are not explicitly stated in the franchise agreement and the FDD. This means Body20 franchisees cannot claim they were promised something that isn't written in these documents.

Furthermore, Body20 franchisees acknowledge they have no knowledge of any representations made about the franchise opportunity by Body20, its affiliates, or their officers, directors, owners, or agents that contradict the statements in the FDD or the franchise agreement. This reinforces the importance of the FDD as the primary source of information and protects Body20 from claims based on verbal or informal promises. The franchisee also acknowledges that any financial performance information they received from other franchisees was not provided by Body20, and Body20 makes no representation about the accuracy of that information.

However, the FDD includes a provision that applies specifically to franchisees in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin. For franchisees in these states, no signed statement can waive claims under state franchise law, including fraud in the inducement, or disclaim reliance on statements made by Body20 or its representatives. This provides an additional layer of protection for franchisees in these states, ensuring they retain their rights under applicable franchise laws, regardless of any acknowledgements made in the franchise agreement.

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.