Over what period are the scheduled payments due for the Body20 Initial FF&E Package when financed?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
e from us but will finance it through a third-party vendor via a lease-to-own or equivalent financing arrangement. The estimate assumes a standard deposit (0% at the low end, 10% at the high end), applicable lease documentation, origination and filing fees, and scheduled payments due within the first four months of operations (including the initial payment at closing and three subsequent monthly payments). If you choose to forego financing and instead purc
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 26–32)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, if a franchisee chooses to finance the Initial FF&E Package through a third-party vendor, the scheduled payments are due within the first four months of operations. This period includes an initial payment at closing and three subsequent monthly payments.
This means that a new Body20 franchisee will need to budget for these payments starting almost immediately after the studio opens. The FDD also notes that the estimate for the Initial FF&E Package assumes a standard deposit, ranging from 0% to 10%, along with applicable lease documentation, origination, and filing fees. These upfront costs, in addition to the scheduled payments, should be carefully considered when planning the initial investment.
For franchisees who prefer not to finance, the estimated cost to purchase the Initial FF&E Package outright ranges from $95,218 to $114,158, payable directly to Body20. This provides an alternative for those who wish to avoid financing charges and prefer to own the equipment from the outset. Prospective franchisees should evaluate their financial situation and consider which option best suits their needs and long-term financial goals.