What is the length of each successor term for a Body20 franchise?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
The Initial Term and Successor Terms are referred collectively in this Agreement as the "Term." You may only exercise this right to obtain a Successor Term if:
(a) You give us written notice of your desire to obtain a successor License at least six, but no more than 12, months before the expiration of the then-current Initial Term or Successor Term;
(b) You and your Owners (as applicable) executing and returning to us the successor Franchise Agreement, Owner's Guarantee, and ancillary agreements we provide to you to govern your ownership and operation of the Studio during the Successor Term (the "Successor Agreements"), which you acknowledge may contain terms materially different than those contained in this Agreement, including (i) higher rates of Royalty Fees and Brand Fund Fees (as both are herein defined) and other fees and charges and (ii) a modified Territory.
The Successor Agreements will be modified as we deem necessary and appropriate to reflect changes we deem appropriate for such Successor Term, including (a) that the Studio is a developed and operating business, (b) that you are paying a Successor Fee (as defined in Section 3.6 (Successor Fee)) in lieu of an initial franchise fee, (c) any changes to the description of the Territory (which may make it smaller or larger), as we deem appropriate to reflect changes in demographics, competitive positioning, and our territorial policies since the Studio was originally developed, and (d) that you will have no further renewal or extension rights;
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
Based on the 2025 FDD, the document does not state the length of a successor term for a Body20 franchise. The document does state that you may exercise your right to obtain a Successor Term if you give Body20 written notice of your desire to obtain a successor License at least six, but no more than 12, months before the expiration of the then-current Initial Term or Successor Term.
The FDD states that the Successor Agreements may contain terms materially different than those contained in the initial agreement, including higher rates of Royalty Fees and Brand Fund Fees and other fees and charges, and a modified Territory. The Successor Agreements will be modified as Body20 deems necessary and appropriate for such Successor Term, including that the studio is a developed and operating business, that you are paying a Successor Fee in lieu of an initial franchise fee, any changes to the description of the Territory, and that you will have no further renewal or extension rights.
Before renewing their Body20 franchise agreement, potential franchisees should clarify the length of the successor term and understand all the conditions and obligations involved in the renewal process. This includes understanding any potential changes in fees, territory, and other terms that may differ from the initial agreement.