What is the dependency for a Body Brain Center franchisee to transfer their franchise?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| THE FRANCHISE RELATIONSHIP | ||
|---|---|---|
| PROVISION | SUMMARY | |
| m. Conditions for our approval of transfer | Section 19.2 | Transferee must meet our qualifications, successfully complete the initial training program (and pay initial training fee), obtain all required licenses and permits, and sign a new franchise agreement for the remainder of the term. You must be compliant with your Franchise Agreement, assign your lease if applicable, pay us the transfer fee and sign a general release and subordination agreement. We must notify you that we do not intend to exercise our right of first refusal. |
| SSA: Section 10.3 | Must obtain BBYHC’s approval in writing. |
Source: Item 17 — RENEWAL**, TERMINATION, TRANSFER, **AND DISPUTE RESOLUTION (FDD pages 34–38)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, a franchisee needs to meet several conditions to transfer their franchise. The potential transferee must meet Body Brain Center's qualifications, successfully complete the initial training program (and pay the initial training fee), and obtain all necessary licenses and permits. Additionally, the transferee must sign a new franchise agreement for the remainder of the term.
The franchisee looking to transfer must also be in compliance with their existing Franchise Agreement. This includes assigning their lease, if applicable, paying Body Brain Center the transfer fee, and signing a general release and subordination agreement. Furthermore, Body Brain Center must formally notify the franchisee that they will not exercise their right of first refusal to acquire the business.
For franchisees operating under the Software Service Agreement (SSA), any transfer of the software requires written approval from BBYHC. These stipulations ensure that any new franchisee meets the standards and obligations set by Body Brain Center, maintaining consistency and quality across all franchise locations.