When does Body20 provide the unaudited statement of contributions and expenditures for the Brand Fund to franchisees?

According to Body20's 2025 Franchise Disclosure Document, Body20 will prepare an unaudited statement of contributions and expenditures for the Brand Fund. This statement will be made available to franchisees within 60 days after the close of Body20's fiscal year. However, this is only provided to franchisees who make a written request for a copy of the statement.

This means that Body20 franchisees can request to see how the Brand Fund is being managed, specifically where the contributions are coming from and how the funds are being spent. This provides a level of transparency, although the statement is unaudited, meaning it has not been checked by an independent accounting firm.

It is important for prospective Body20 franchisees to understand Body20's fiscal year-end date to know when to expect the availability of this statement. Additionally, keeping a record of the written request is advisable to ensure they receive the statement in a timely manner. Franchisees should review this statement carefully to understand how their contributions to the Brand Fund are being utilized and whether the expenditures align with the intended purposes of advertising, marketing, and promotion.