When was Sequel Brands Holdings, LLC, the affiliate of Body20, organized?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
We are affiliated with Sequel Brands Holdings LLC, a Delaware limited liability company ("Sequel Holdings"), which was formed on April 8, 2025. Sequel is the direct parent company to Sequel Holdings. Sequel Holdings guarantees our performance under our franchise agreements. Sequel Holdings shares our principal business address.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 74)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, Sequel Brands Holdings, LLC, an affiliate of Body20, was formed on April 8, 2025. It is a Delaware limited liability company. Sequel Brands, LLC is the direct parent company to Sequel Brands Holdings.
Sequel Brands Holdings, LLC guarantees Body20's performance under its franchise agreements. The company received an initial equity contribution of $1,000,000 in cash on April 30, 2025. Prior to April 30, 2025, Sequel Brands Holdings, LLC had no operations.
Sequel Brands Holdings, LLC is the direct parent company to three other franchisors: Pilates Addiction Franchisor LLC, Beem Franchisor LLC, and iFlex Franchisor LLC. These entities own the intellectual property rights and certain operating systems, trademarks, service marks, and other intellectual property used in the operation of the Franchisors to sell franchises in the fitness industry.