What is the Body20 franchisee's obligation regarding the Site Lease?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
Before you or an Affiliate make a binding commitment to purchase, lease, or sublease a site, we must accept the location in writing and 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 of Appendix D (the "Lease Rider") by you and your landlord in connection with any lease or sublease for your Site ("Site Lease") and any other provisions that we may reasonably require.
Our review of 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 in connection with such 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 approved by signing a Site Lease or purchase agreement within 90 days after the Effective Date (the "Site Acquisition Deadline").
We may extend the Site Acquisition Deadline by 90 days in our sole discretion, and we may require you to execute a general release as a condition of us 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.
You must deliver to us the completely executed purchase agreement or Site Lease and Lease Rider within 10 days after execution of the Site Lease or purchase agreement, and you may not amend or
renew any Site Lease without our written consent. You must comply with the terms and conditions of your Site Lease. We are not obligated to execute your lease or guarantee a lease for you.
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, a franchisee must have Body20 accept the location in writing and approve the proposed lease, purchase agreement, or any letter of intent before making any binding commitments to purchase, lease, or sublease a site. Unless Body20 waives the requirement in writing, the franchisee must arrange for the execution of the Lease Rider by the franchisee and landlord in connection with any lease or sublease for their Site Lease, as well as any other provisions Body20 may reasonably require. Body20's review of the Site Lease is solely for its own benefit and does not replace a review by the franchisee's attorney. Body20 may require the franchisee to engage an attorney to review the Site Lease or purchase agreement and provide reasonable documentation, including a lease abstract and confirmation that the terms reflect any letter of intent.
The franchisee must secure an approved Site by signing a Site Lease or purchase agreement within 90 days after the Effective Date, although Body20 may extend this deadline by 90 days at its discretion, potentially requiring a general release as a condition. If the franchisee cannot acquire the accepted site or an alternative site by the Site Acquisition Deadline, Body20 may terminate the Franchise Agreement.
The franchisee must deliver the fully executed purchase agreement or Site Lease and Lease Rider to Body20 within 10 days after execution and cannot amend or renew any Site Lease without Body20's written consent. The franchisee is obligated to comply with the terms and conditions of their Site Lease, and Body20 is not obligated to execute the lease or guarantee it for the franchisee.