factual

Can Body20 waive the requirement for a Lease Rider?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

If you or your affiliate leases the site, unless we waive the requirement in writing, you must arrange for the execution of the Lease Rider in the form that is attached as Appendix D to the Franchise Agreement (the Franchise Agreement is attached as Exhibit A of this Disclosure Document) by you and your landlord .

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, Body20 may waive the requirement for a Lease Rider in writing. If a franchisee or their affiliate leases a site, they must arrange for the execution of a Lease Rider by themself and their landlord, using the form attached as Appendix D to the Franchise Agreement, unless Body20 waives this requirement in writing.

This waiver provides some flexibility for franchisees in negotiating their lease agreements. However, it's important to note that Body20's review of the Site Lease is solely for their own benefit and does not replace the need for the franchisee to have their attorney review the lease. Body20 may also require the franchisee to engage an attorney to review the Site Lease or purchase agreement and provide documentation of that review.

Prospective franchisees should clarify with Body20 under what circumstances they might waive the Lease Rider requirement and what factors Body20 considers when making this decision. Understanding these conditions can help franchisees better prepare for lease negotiations and potentially reduce legal complexities and costs.

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.