Does Body20 provide any assurance or warranty regarding the potential success or profits of the franchise?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) Your Acknowledgements.
You acknowledge and agree that: (i) you have conducted an independent investigation of the business contemplated by this Agreement, recognize that it involves business risks, and recognize that making a success of a venture is largely dependent on your own business abilities; (ii) no assurance or warranty, e
Except as may be stated in the FDD, neither we, nor any of our affiliates, nor any of our or our affiliates' officers, agents,
employees, or representatives have made any representation to you, express or implied, as to the historical revenues, earnings, or profitability of any Studio or the anticipated revenues, earnings, or profitability of the business subject to the license or any other business operated by us, our licensees, our franchisees, or our affiliates. Any information you have acquired from other franchisees regarding their sales, profits or cash flows is not information obtained from us, and we make no representation about that information's accuracy
No statement, questionnaire, or acknowledgement signed or agreed to by you in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by us, any franchise seller, or any other person acting on behalf of us. This provision supersedes any other term of any document executed in connection with the franchise.
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, Body20 does not provide any assurance or warranty regarding the potential success or profits of the franchise. The FDD states that franchisees acknowledge and agree that they have conducted an independent investigation of the business, recognize that it involves business risks, and understand that the success of the venture largely depends on their own business abilities.
The document also clarifies that, except as stated in the FDD, Body20 and its representatives have not made any representations, express or implied, about the historical or anticipated revenues, earnings, or profitability of any studio or other business operated by Body20, its licensees, franchisees, or affiliates. Any information acquired from other franchisees regarding their sales, profits, or cash flows is not information obtained from Body20, and Body20 makes no representation about the accuracy of that information.
However, a provision applies to franchisees and studios subject to state franchise disclosure laws in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin. This provision states that no statement, questionnaire, or acknowledgement signed by the franchisee can waive claims under applicable state franchise law, including fraud in the inducement, or disclaim reliance on any statement made by Body20 or its representatives. This clause supersedes any other conflicting term in any document executed in connection with the franchise.