Who guarantees Body20 Franchisor LLC's performance under the franchise agreements?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
nd Certain Affiliates**. We are a wholly-owned subsidiary of Sequel Brands, LLC, a Delaware limited liability company ("Sequel"). Sequel shares our principal business address.
We are affiliated with Sequel Brands Holdings LLC, a Delaware limited liability company ("Sequel Holdings"), which was formed on April 8, 2025. Sequel is the direct parent company to Sequel Holdings. Sequel Holdings guarantees our performance under our franchise agreements. Sequel Holdings shares our principal business address.
Sequel is the direct parent company to three other franchisors, Pilates Addiction Franchisor LLC ("Pilates Addiction Franchisor"), Beem Franchisor LLC ("Beem Franchisor"),
and iFlex Franchisor LLC ("iFlex Franchisor"), each of which shares our principal business address.
Since February 2025, Pilates Addiction Franchisor has franchised Pilates Addiction**™** (formerly known as WundaBar® ) studios offering Pilates and other specialized exercise classes using designated equipment and related products and services.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, Sequel Holdings LLC guarantees Body20 Franchisor LLC's performance under its franchise agreements. Sequel Holdings LLC is a Delaware limited liability company formed on April 8, 2025. Body20 Franchisor LLC is a wholly-owned subsidiary of Sequel Brands, LLC. Sequel Brands LLC is the direct parent company to Sequel Holdings LLC. All three companies share the same principal business address.
This guarantee is a significant factor for prospective franchisees to consider. It means that Sequel Holdings LLC is legally bound to ensure that Body20 Franchisor LLC fulfills its obligations as outlined in the franchise agreement. This provides an additional layer of security for franchisees, as they have recourse to Sequel Holdings LLC if Body20 Franchisor LLC fails to meet its contractual duties.
Furthermore, Sequel Brands LLC is also the direct parent company to three other franchisors: Pilates Addiction Franchisor LLC, Beem Franchisor LLC, and iFlex Franchisor LLC. This corporate structure indicates that Body20 is part of a larger network of franchise systems under the Sequel Brands umbrella. This may provide Body20 with access to shared resources, expertise, and best practices from these affiliated franchise brands. However, except for Sequel Holdings, none of the affiliates provide products or services to Body20 franchisees.