What written approvals are required from Body20 before a franchisee makes a binding commitment to purchase or lease a site?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
Before you or an Affiliate make a binding commitment to purchase, lease, or sublease a site, we must accept the location in writing and approve in writing the proposed lease or purchase agreement or any letter of intent between you and the third-party seller or lessor.
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 of Appendix D (the "Lease Rider") by you and your landlord in connection with any lease or sublease for your Site ("Site Lease") and any other provisions that we may reasonably require.
Our review of the Site Lease is for our own benefit only and is not intended to supplement or replace a review by your attorney.
We may require you to engage an attorney to review your Site Lease or purchase agreement for the Site that we have accepted and to supply us with reasonable documentation in connection with such review, including a lease abstract and confirmation that the terms in the agreement reflect the terms in any letter of intent between you and the third-party seller or lessor.
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, before a franchisee or their affiliate makes a binding commitment to purchase, lease, or sublease a site, Body20 must provide written acceptance of the location. Additionally, Body20 must provide written approval of the proposed lease or purchase agreement, or any letter of intent between the franchisee and the third-party seller or lessor.
Furthermore, unless Body20 waives the requirement in writing, the franchisee must ensure that a Lease Rider, in the form of Appendix D, is executed by both the franchisee and their landlord in connection with any lease or sublease for the site. Body20 may also require additional provisions as deemed reasonably necessary.
Body20 states that its review of the Site Lease is solely for its own benefit and does not replace the need for the franchisee to have their own attorney review the documents. Body20 may also require the franchisee to engage an attorney to review the Site Lease or purchase agreement and provide reasonable documentation related to this review, including a lease abstract and confirmation that the terms in the agreement reflect those in any letter of intent.