Under what conditions can Body20 extend the Site Acquisition Deadline?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
If we have accepted a site for your Studio, and you are unable or unwilling to acquire such site or an alternative site that we accept by the Site Acquisition Deadline, we may terminate the Franchise Agreement. (Franchise Agreement – Section 4.3)
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, the standard Site Acquisition Deadline is 90 days from the effective date of the Franchise Agreement. This is the period in which a franchisee must secure an acceptable site by signing a Site Lease or purchase agreement.
Body20 may extend this Site Acquisition Deadline by up to 90 days, but this is at their sole discretion. This means Body20 is not obligated to grant an extension. As a condition of granting an extension, Body20 may require the franchisee to execute a general release. A general release typically means the franchisee agrees to waive any claims against Body20 related to the franchise agreement or the site acquisition process.
If Body20 has accepted a site for the studio, but 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 highlights the importance of diligent site selection and lease negotiation within the initial 90-day period, or any extension granted.