According to Body Brain Center's 2025 Franchise Disclosure Document, the definition of "Acquired Assets" can be found in two places. Attachment A to the franchise agreement provides a list of defined terms and indicates that "Acquired Assets" is defined in Section 21.2(a). Section 21.2(a) further clarifies that "Acquired Assets" refers to the specific items that Body Brain Center wishes to purchase from the franchisee upon termination or expiration of the franchise agreement.

Specifically, Section 21.2 outlines Body Brain Center's right, but not the obligation, to purchase the franchisee's Body & Brain Center and/or its assets at fair market value. The "Appraisal Date," which is the effective date of the termination or expiration of the agreement, is used to determine the fair market value. Body Brain Center must notify the franchisee of the specific items it wishes to purchase, which are referred to as the "Acquired Assets."

This is important for a prospective franchisee to understand because it clarifies the circumstances under which Body Brain Center may purchase the franchise location and its assets. It also highlights the franchisee's right to receive fair market value for those assets, as determined by an independent business appraiser. Understanding this process is crucial for financial planning and assessing the potential value of the franchise at the end of the franchise term.