What written notice is required to obtain a Body20 successor license?

According to Body20's 2025 Franchise Disclosure Document, a franchisee must provide written notice to Body20 of their desire to obtain a successor license if they want to continue operating their franchise after the initial term. This notice must be given at least six months, but no more than 12 months, before the expiration of the current term, whether it's the initial term or a subsequent renewal term. This timeframe is crucial for franchisees to remember, as missing it could jeopardize their ability to renew their franchise agreement.

In addition to providing timely written notice, the franchisee must also fulfill several other conditions to be eligible for a successor term. These include executing and returning the successor Franchise Agreement, Owner's Guarantee, and any other ancillary agreements that Body20 provides. These successor agreements may contain terms that are significantly different from the original agreement, potentially including higher royalty fees, brand fund fees, and modifications to the territory.

Furthermore, the franchisee is responsible for refurbishing or renovating the Body20 studio to meet Body20's current image standards, which includes decor, color schemes, storefront, and signage. They may also need to update or replace equipment, furniture, and fixtures. The franchisee and their owners must also execute a general release of claims against Body20. The operating principal and designated manager must complete all current training requirements. Finally, the franchisee must secure the right to continue operating at the site from their landlord and pay the successor fee. Meeting all these requirements, including the written notice, is essential for a Body20 franchisee to secure a successor term and continue operating their business.