What must a Body20 franchisee do with Schedule 1 to Appendix A after the territory is designated?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
Schedule 1 to Appendix A of the Franchise Agreement
Franchisee-Specific Terms
(to be completed after site selection and acceptance)
- 1. Site (Section 4.1):
- 2. Territory (Section 4.2): The Territory, if any, will be specified by us by written notice to you after the Site has been selected and will be an area that we specify surrounding the Site.
BODY20 Franchisor LLC agrees that, effective on the date specified below, (i) the address listed above is hereby accepted by us as the Site pursuant to Section 4.1 (Site Selection) of this Agreement; and (ii) the area listed above shall be the Territory of this Agreement pursuant to Section 4.2 (Definition of the Territory) of this Agreement. BODY20 FRANCHISOR LLC By: Name: Title: Date: Acknowledged and Agreed: By: Name: Title: Date:
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, Schedule 1 to Appendix A of the Franchise Agreement is titled "Franchisee-Specific Terms." This schedule is intended to be completed after the site selection and acceptance process. Once the site has been selected, Body20 Franchisor LLC will provide written notice to the franchisee specifying the territory, if any, surrounding the site.
After the territory has been defined, both Body20 Franchisor LLC and the franchisee must acknowledge and agree to the terms outlined in Schedule 1. This involves the franchisor accepting the listed address as the site, pursuant to Section 4.1 of the agreement, and acknowledging the specified area as the franchisee's territory, as per Section 4.2.
Both parties, Body20 Franchisor LLC and the franchisee, must sign and date the document to indicate their agreement. This process ensures that both parties are aligned on the specifics of the site and territory before moving forward with the franchise operation. This agreement is crucial as it defines the franchisee's operational area and confirms the approved location for the Body20 studio.