factual

What is the definition of 'Online Payment Proceeds' for Body Brain Center?

Body_Brain_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

The electronic payments made by customers through the Online Payment Program (referred to as "Online Payment Proceeds") attributable to purchases of Introductory Class sessions, Trial Class sessions, Group Classes, and Private Classes at your Center will be included in your reporting of Program Sales.

All Online Payment Proceeds collected by us pertaining to your Center will be paid to you.

We will notify you of all online payment transactions on our website pertaining to your Center in a timely manner.

Source: Item 23 — RECEIPT (FDD pages 43–178)

What This Means (2025 FDD)

According to the 2025 Body Brain Center Franchise Disclosure Document, 'Online Payment Proceeds' are defined within the context of the Online Payment Program. This program allows customers to pay for Introductory Class sessions, Trial Class sessions, Group Classes, and Private Classes through the Body Brain Center website or a third-party website.

Specifically, the electronic payments made by customers through the Online Payment Program for these classes at a franchisee's center are classified as 'Online Payment Proceeds'. These proceeds must be included when the franchisee reports their Program Sales to Body Brain Center.

Body Brain Center will collect all Online Payment Proceeds pertaining to a franchisee's center and then pay those proceeds to the franchisee. Franchisees will also receive timely notifications of all online payment transactions made on the website that are related to their specific Body Brain Center location. This ensures transparency and allows franchisees to track their online sales effectively.

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.