When is the Body20 Successor Fee due?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Successor Fee | 25% of the then-current franchise fee | Upon execution of successor franchise agreement | Payable if you are qualify for, and enter into, a successor term. |
Source: Item 6 — OTHER FEES (FDD pages 19–26)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, the Successor Fee is due upon the execution of the successor franchise agreement. The fee is 25% of the then-current franchise fee. This fee is payable if a franchisee qualifies for and enters into a successor term with Body20.
For a prospective Body20 franchisee, this means that if they choose to renew their franchise agreement for another term, they will be required to pay a Successor Fee. This fee is a percentage of the current franchise fee at the time of renewal, which could be a substantial amount depending on any changes to the franchise fee over time.
Franchisees should consider this fee as part of their long-term financial planning. It is important to understand the conditions under which one qualifies for a successor term and to factor in the cost of the Successor Fee when evaluating the profitability and sustainability of the Body20 franchise over multiple terms.