If the Body20 franchisee is an entity, what information must be provided on the signature line of the Rider?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
BODY20 FRANCHISOR LLC (IF ENTITY): [Name] By: Name: Title: Date: (IF INDIVIDUALS): [Signature] [Print Name] [Signature] [Print Name] Date:
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, when the franchisee is an entity, the signature line of the Rider requires the franchisee entity's name, the name of the person signing on behalf of the entity, their title, and the date of signature. This requirement applies to various Riders included in the FDD, such as the Rider to the Franchise Agreement for use in North Dakota, Maryland, and Rhode Island, as well as the Rider to the Body20 Franchisor LLC Development Agreement for use in the State of New York.
This means that if a franchisee chooses to operate their Body20 franchise through a corporation, LLC, or other business entity, rather than as an individual, the authorized representative of that entity must provide their name, official title within the entity (e.g., CEO, Manager, Partner), and the date when signing the Rider. The Rider is an addendum to either the Franchise Agreement or the Development Agreement, depending on the stage of the franchise relationship. The inclusion of this information ensures that the franchisor, Body20, has a clear record of who is authorized to act on behalf of the franchisee entity and when the agreement was executed.
It is important for prospective Body20 franchisees to understand these requirements and ensure that all legal documents are properly executed. Failure to provide the required information could potentially lead to legal complications or disputes in the future. Franchisees should consult with legal counsel to ensure they fully understand their obligations and that all documents are completed accurately and in compliance with applicable laws and regulations.