factual

What is the maximum amount that Body20 can charge for the Technology Fee per month?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

o, athletic or fitness center, health club, exercise, aerobics facility, or similar fitness or exercise facility or business, (ii) any business that offers fitness training or products, services, or Sessions that are similar to those offered by a Studio, and/or (iii) any Entity that grants franchises or licenses for any of the businesses in (i) or (ii).

15. Notices (Section 17.11):

The notice address for Franchisor shall be:

BODY20 Franchisor LLC Attn: Trevor Lucas, Chief Financial Officer 4000 MacArthur Blvd., Suite 800 Newport Beach, C

Source: Item 23 — RECEIPT (FDD pages 74–251)

What This Means (2025 FDD)

According to Body20's 2025 Franchise Disclosure Document, the Technology Fee is capped at the greater of $2,500 per month or 2% of your Gross Sales. This fee covers various technology services provided by Body20 or arranged through third parties, which are subject to change over time. Franchisees start paying this fee three months before their studio opens.

Body20 has the right to modify the Technology Fee, but they must provide written notice at least 30 days before the new fee takes effect. This ensures franchisees have advance warning of any changes to their monthly expenses. The initial Technology Fee as of the effective date is $1,060 per month.

For a prospective Body20 franchisee, it's important to factor in this potential variability when forecasting expenses. While the fee starts at a set amount, it could increase to as much as $2,500 or 2% of gross sales, depending on which is higher. Franchisees should discuss with Body20 what technology services are included in the fee and how they might change over time, as well as understand how the fee is calculated in relation to gross sales.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.