What must a Body20 franchisee do before making a binding commitment to purchase or lease a site?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
Before you make a binding commitment to purchase, lease, or sublease a site, we must approve in writing the proposed lease or purchase agreement or any letter of intent between you and the third-party seller or lessor.
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 .
Our review of the Site lease or sublease (the "Site Lease") is for our own benefit only and is not intended to supplement or replace a review by your attorney.
We may require you to engage an attorney to review your Site Lease or purchase agreement for the Site that we have accepted and to supply us with reasonable documentation relating to that review, including a lease abstract and confirmation that the terms in the agreement reflect the terms in any letter of intent between you and the third-party seller or lessor.
You must secure a site that we have accepted by signing a Site Lease or purchase agreement within 90 days after the effective date of your Franchise Agreement (the "Site Acquisition Deadline").
We may extend the Site Acquisition Deadline by up to 90 days in our sole discretion, and we may require you to execute a general release as a condition of our agreeing to grant such extension.
If we have accepted a site for your Studio, and you are unable or unwilling to acquire such site or an alternative site that we accept by the Site Acquisition Deadline, we may terminate the Franchise Agreement. (Franchise Agreement – Section 4.3)
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, before a franchisee makes a binding commitment to purchase, lease, or sublease a site, they must obtain written approval from Body20 for the proposed lease or purchase agreement, or any letter of intent between the franchisee and the third-party seller or lessor.
If the franchisee or an affiliate leases the site, they must arrange for the execution of a Lease Rider by both the franchisee and their landlord, using the form attached as Appendix D to the Franchise Agreement, unless Body20 waives this requirement in writing. Body20's review of the site lease or sublease is solely for their benefit and does not replace the need for the franchisee to have their attorney review the documents.
Body20 may require the franchisee to engage an attorney to review the Site Lease or purchase agreement for the accepted site and provide reasonable documentation of that review, including a lease abstract and confirmation that the terms in the agreement reflect the terms in any letter of intent. The franchisee must secure a site that Body20 has accepted by signing a Site Lease or purchase agreement within 90 days after the effective date of the Franchise Agreement, referred to as the Site Acquisition Deadline. Body20 may extend this deadline by up to 90 days at their discretion, possibly requiring the franchisee to execute a general release as a condition of the extension. If the franchisee fails to acquire an accepted site by the Site Acquisition Deadline, Body20 may terminate the Franchise Agreement.