How long after providing written notice of a proposed transfer to Body20 can the transfer be completed?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
No Transfer that requires our consent may be completed until at least 60 days after we receive written notice of the proposed Transfer.
We have sole and absolute discretion to withhold our consent, except as otherwise provided in Sections 13.6 (Transfer to an Entity), 13.7 (Permitted Transfers), and 13.8 (Transfer Upon Death, Incapacity, or Bankruptcy), and we may condition our consent on compliance with any conditions that we specify.
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, a franchisee cannot complete a transfer until at least 60 days after Body20 receives written notice of the proposed transfer. This allows Body20 time to assess the proposed transfer and transferee.
Body20 emphasizes that the franchise agreement and license are personal to the franchisee, granted in reliance on their business skills, financial capacity, and personal character. Therefore, any transfer requires Body20's prior written consent, except in specific situations like permitted transfers. Attempting to transfer without this consent is considered a breach of the agreement and can lead to termination without an opportunity to correct the issue.
Even after providing notice, Body20 retains significant control over the transfer process. They have the right to communicate directly with both the franchisee and the proposed transferee to gather information. Furthermore, Body20 has the sole and absolute discretion to withhold consent for the transfer, potentially preventing it from occurring. This highlights the importance of maintaining a good relationship with Body20 and ensuring any potential transferee meets their standards.
This level of control is typical in franchising, as franchisors want to ensure that new franchisees are qualified and will uphold brand standards. The 60-day waiting period is also fairly standard, providing sufficient time for due diligence and decision-making. However, prospective Body20 franchisees should be aware of Body20's broad discretion in approving or denying transfers, as this could impact their ability to sell the franchise in the future.