What is the monthly Technology Fee for a Body20 franchise as of the effective date?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
ined in the Agreement), the following persons constitute all of the owners o
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, franchisees must pay a Technology Fee. Beginning three months before the studio opens, this fee covers various technology services that Body20 will provide or arrange for third parties to provide. These services are subject to change over time. As of the Effective Date of the franchise agreement, the Technology Fee is $1,060 per month.
Body20 retains the right to modify the Technology Fee, but they must provide written notice of any changes at least 30 days before the new fee takes effect. The Technology Fee will not exceed the greater of $1,200 per month or 2% of the franchisee's Gross Sales. Body20 may also add, delete, or modify the products and services included in the Technology Fee.
For a prospective Body20 franchisee, it's important to understand that this monthly Technology Fee is an ongoing expense. It begins three months before the studio opens, so it must be factored into pre-opening costs. While the initial fee is set at $1,060, it could increase up to $1,200 or 2% of gross sales, so franchisees should prepare for potential increases. Franchisees should also stay informed about any changes to the services covered by the fee, as these could impact their business operations.