What does 'we' or 'us' refer to in the Body20 Disclosure Document?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
l.** To simplify the language in this Disclosure Document, "we" or "us" means Body20 Franchisor LLC, the franchisor. "You" or "Franchisee" means the person or entity who buys the franchise, including all equity owners of a corporation, general partnership, limited partnership, limited liability, or any other type of entity (an "Entity"). If you are an Entity, each individual or Entity that has a legal or beneficial interest in you will be referred to as an "Owner." Your Owners and their spouses (as applicable) must sign the Payment and Performance Guarantee attached to the Franchise Agreement, the current form of which is attached to this Disclosure Document as Exhibit A (the "Franchise Agreement"), which means that all of the provisions of the Franchise Agreement will also apply to your Owners and their spouses (as applicable).
We are a limited liability company formed in Delaware on April 1, 2025. We do business under the "BODY20® " name (the "Brand"). Our principal business address is 4000 MacArthur Blvd., Suite 800, Newport Beach, California 92660. If we have an agent for service of process in your state, we disclose that age
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, the terms "we" or "us" are defined to mean Body20 Franchisor LLC, which is the franchisor. The document also clarifies that "you" or "Franchisee" refers to the person or entity purchasing the franchise, including all equity owners of a corporation, general partnership, limited partnership, limited liability, or any other type of entity.
This definition is important for prospective franchisees as it clarifies who is making the statements and obligations within the FDD and the franchise agreement. Understanding this distinction ensures that franchisees know exactly with whom they are contracting and who is responsible for upholding the franchisor's obligations outlined in the document. It also highlights that if the franchisee is an entity, the owners may also be bound by the agreement.
Furthermore, the FDD specifies that Body20 Franchisor LLC was formed in Delaware on April 1, 2025, and conducts business under the BODY20® name. Their principal business address is located in Newport Beach, California. This information provides franchisees with the franchisor's legal structure, formation date, and primary business location, which can be useful for due diligence and legal considerations.