factual

What must a Body20 franchisee arrange regarding the Lease Rider if they or their affiliate leases the site?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

If you or your affiliate leases the site, unless we waive the requirement in writing, you must arrange for the execution of the Lease Rider in the form that is attached as Appendix D to the Franchise Agreement (the Franchise Agreement is attached as Exhibit A of this Disclosure Document) by you and your landlord .

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 38–49)

What This Means (2025 FDD)

According to Body20's 2025 Franchise Disclosure Document, if a franchisee or their affiliate leases the site for their Body20 studio, they must arrange for the execution of a Lease Rider. This Lease Rider is in the form attached as Appendix D to the Franchise Agreement, which itself is attached as Exhibit A of the Disclosure Document. This arrangement requires the franchisee and their landlord to execute the Lease Rider, unless Body20 waives this requirement in writing.

This requirement ensures that Body20 has certain protections and rights related to the leased property. The Lease Rider likely contains provisions that protect Body20's interests, such as ensuring the lease terms are compatible with the franchise agreement and providing Body20 with certain rights in the event of a default or termination of the franchise agreement. By requiring the Lease Rider, Body20 maintains some control over the location of the franchise and protects its brand and operational standards.

For a prospective Body20 franchisee, this means they need to factor in the Lease Rider requirement when negotiating a lease with a landlord. They should review Appendix D of the Franchise Agreement carefully to understand the terms of the Lease Rider and discuss any concerns with their attorney. Additionally, they should be prepared to facilitate the execution of the Lease Rider between themselves and the landlord, unless they obtain a written waiver from Body20. This could potentially complicate lease negotiations, as the landlord will also need to agree to the terms of the Lease Rider.

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.