What is the Site Acquisition Deadline for a Body20 franchise, and from when is it calculated?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
cluding a lease abstract and confirmation that the terms in the agreement reflect the terms in any letter of intent between you and the third-party seller or lessor. You must secure a site that we have accepted by signing a Site Lease or purchase agreement within 90 days after the effective date of your Franchise Agreement (the "Site Acquisition Deadline"). We may extend the Site Acquisition Deadline by up to 90 days in our sole discretion, and we may require you to execute a general release as a condition of our agreeing to grant such extension.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 38–49)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, franchisees must secure a site that Body20 has accepted by signing a Site Lease or purchase agreement within 90 days after the effective date of the Franchise Agreement. This 90-day period is referred to as the Site Acquisition Deadline.
Body20 may extend the Site Acquisition Deadline by up to 90 days at its discretion. However, Body20 may require the franchisee to execute a general release as a condition of granting such an extension.
If Body20 has accepted a site for the franchisee's studio, and the franchisee is unable or unwilling to acquire that site (or an alternative site accepted by Body20) by the Site Acquisition Deadline, Body20 has the right to terminate the Franchise Agreement. This underscores the importance of diligent site selection and timely acquisition to avoid potential termination of the franchise agreement.