How long after the termination of the Body20 franchise agreement does the franchisee have to pay the liquidated damages?

According to Body20's 2025 Franchise Disclosure Document, if the franchise agreement is terminated and liquidated damages are applicable, the franchisee is required to pay all amounts due within 30 days after the termination date.

This means that a franchisee who terminates their agreement after their Body20 studio has opened will have a limited time frame to settle any outstanding financial obligations with the franchisor. This could put a strain on the franchisee's finances, as they would need to quickly gather the necessary funds to cover the liquidated damages.

It is important for prospective Body20 franchisees to understand the terms and conditions regarding termination and liquidated damages before entering into a franchise agreement. Franchisees should carefully consider their financial situation and ability to meet these obligations in the event of an early termination.