How soon after execution of the Site Lease or purchase agreement must a Body20 franchisee deliver the executed documents to the franchisor?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
You must deliver to us the completely executed purchase agreement or Site Lease and Lease Rider within 10 days after execution of the Site Lease or purchase agreement, and you may not amend or
renew any Site Lease without our written consent. You must comply with the terms and conditions of your Site Lease. We are not obligated to execute your lease or guarantee a lease for you.
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, a franchisee must deliver the completely executed purchase agreement or Site Lease and Lease Rider to Body20 within 10 days after the execution of the Site Lease or purchase agreement. The franchisee also cannot amend or renew any Site Lease without Body20's written consent. Furthermore, the franchisee must comply with all the terms and conditions outlined in the Site Lease. Body20 is not obligated to execute the lease or guarantee a lease for the franchisee.
This requirement ensures that Body20 maintains control over the locations where its franchises operate and can verify that the lease terms are acceptable. The Lease Rider is a form included as Appendix D in the franchise agreement. This allows Body20 to protect its brand standards and operational consistency across all franchise locations.
For a prospective Body20 franchisee, this means that securing a suitable site and finalizing the lease or purchase agreement are critical steps that must be handled promptly. Failing to deliver the executed documents within the specified timeframe could potentially lead to delays or even a breach of the franchise agreement. Additionally, franchisees need to be aware that they cannot make changes to their lease without Body20's approval, which could limit their flexibility in negotiating lease terms.