What was the amount of transfer fees collected by Body Brain Center in 2024?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ting Body & Brain Center.
Notes to the Financial Statements December 31, 2024 and 2023
NOTE D - COMMITMENTS AND CONTINGENCIES (CONTINUED)
Licensing Agreement (Continued)
Licensor grants to Licensee, for the term of agreement, a non-exclusive license to use the licensed materials for distribution of Brain Education Programs and/or operation of Body & Brain Center within the authorized region and the right to sublicense the licensed materials to franchisees for the sole purpose of operating Body & Brain Centers pursuant to the terms of franchise agreements within the authorized region.
Under the terms of this agreement, the Company pays 20% on the t
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to the 2025 Body Brain Center Franchise Disclosure Document, the company's licensing agreement with BR Consulting, Inc. stipulates that Body Brain Center pays 20% of the total transfer fees to BR Consulting, Inc.
Furthermore, in 2024, Body Brain Center paid BR Consulting Inc. $2,060 based on a 3% royalty rate computed on the operating margin rate preceding the inclusion of Direct Center's royalty payments.
The document also states that license expenses under the agreement totaled $111,939 for the year ended December 31, 2024. However, the exact amount of transfer fees collected by Body Brain Center in 2024 is not explicitly stated in this excerpt. A prospective franchisee should inquire directly with Body Brain Center about the specific amount of transfer fees collected during that year to gain a clearer understanding of this revenue stream and its associated costs.