Does the Body20 questionnaire ask if I understand all the terms of the Franchise Agreement?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
lete responses to each. In this Questionnaire, our "representatives" include our officers, directors, employees, agents, sales brokers, and/or any other representatives working on our behalf.
| 1. | When and where did you have your first face-to-face meeting with our representative(s)? |
|---|---|
| Approximate date of first meeting: | |
| Place of meeting: | |
| 2. | Which of our representative(s) have you been dealing with? |
| Name(s): | |
| 3. | Have you personally read the BODY20® |
| Disclosure Document ("FDD")? | |
| Yes | |
| No | |
| 4. | Did you give us a signed receipt for the copy of the FDD that we furnished to you? |
| Yes | |
| No | |
| If yes, on what date? | |
| 5. | Do you understand all of the information contained in the FDD? |
| Yes | |
| No | |
| If not, what parts of the FDD do you not understand? (Attach additional pages, if | |
| necessary.) | |
| | Have you personally read the Franchise Agreement?
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, a compliance questionnaire is included as Exhibit J, which must be completed before signing the Franchise Agreement. This questionnaire aims to confirm that the franchisee understands the terms of the contract and that no unauthorized statements or promises have been made. However, this questionnaire does not apply if the franchise is 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.
The questionnaire includes a direct question asking, "Do you understand all of the terms of the Franchise Agreement?" with options to answer "Yes" or "No." If the prospective franchisee answers "No," there is a space provided to specify which parts of the Franchise Agreement they do not understand, allowing them to attach additional pages if necessary. This process ensures that Body20 is aware of any misunderstandings before the agreement is finalized.
Additionally, the questionnaire asks if any of Body20's representatives have recommended that the franchisee have the FDD and related agreements reviewed by an attorney or other professional advisor. It also asks whether the franchisee has, in fact, discussed the FDD, related agreements, and the benefits and risks of operating a Body20 franchise with an attorney, accountant, or other professional. If they have not, the questionnaire asks if they wish to have more time to do so. This demonstrates Body20's effort to ensure franchisees are well-informed and have sought professional advice before committing to the franchise.