exception

Under what condition is a Body20 franchisee excused from attending required events without penalty?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

hat are redeemed by customers at your Studio, but we are not obligated to do so and the amount of such reimbursement, if any, may be less than the standard price you charge for such Sessions, products, or services.

(iii) Studio Reciprocity. You must adhere to our policies and procedures related to Member reciprocity amongst (a) other Studios and/or (b) studios operated as part of the franchise systems in connection with the other brands owned and/or licensed by us or our Affiliates.

  • (b) Conferences and Events. You, your Operating Principal, your Designated Managers, or any of your representatives that we designate must attend franchise conventions, meetings, product shows or demonstrations, and teleconferences ("Events") that we may require periodically in the Manuals or otherwise in writing. We, in our sole discretion, will designate the time and place of any Events, which may be held in-person or remotely via teleconference or web seminar. We will be responsible for arranging Events and providing meeting materials. You are responsible for arranging and paying for travel and living expenses that you and/or your representatives incur. We may require

Source: Item 23 — RECEIPT (FDD pages 74–251)

What This Means (2025 FDD)

According to the 2025 Body20 Franchise Disclosure Document, attendance at franchise conventions, meetings, product shows or demonstrations, and teleconferences is mandatory for the franchisee, their Operating Principal, Designated Managers, or any designated representatives. These events, referred to as "Events," are scheduled at the discretion of Body20, and can be held in person or remotely. Franchisees are responsible for covering their own travel and living expenses, as well as a registration fee that will not exceed $1,000 per attendee.

However, a Body20 franchisee or their representatives may be excused from attending these required events without incurring a penalty if Body20 provides written consent excusing them. Without prior written consent, failure to attend results in a penalty. The penalty is equal to the registration fee the attendee would have incurred, plus an additional $500 for each absence.

This policy highlights the importance Body20 places on participation in these events. Franchisees should communicate with Body20 in advance if they anticipate any difficulties in attending, to request a written excuse and avoid financial penalties. This requirement ensures that franchisees and their staff remain informed about the latest developments, products, and strategies within the Body20 franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.