What happens to a Body Brain Center franchise in the event of the franchisee's death or disability?
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. | |
| n. Our right of first refusal to acquire your business | Section 19.5 | We have the right to match any bona fide, arms-length offer for your business. |
| SSA: Not Applicable | Not Applicable | |
| o. Our option to | Section 21.2 | We have the option to purchase your Business or certain of |
| purchase your | your assets on the expiration or termination of the Franchise | |
| business | Agreement. | |
| SSA: Not Applicable | Not Applicable | |
| p. Your death or | Section 19.4 | Within 6 months, franchise must be assigned by estate to an |
| disability | assignee in compliance with conditions for other transfers. |
Source: Item 17 — RENEWAL**, TERMINATION, TRANSFER, **AND DISPUTE RESOLUTION (FDD pages 34–38)
What This Means (2025 FDD)
According to the 2025 Body Brain Center Franchise Disclosure Document, in the event of the franchisee's death or disability, the franchise must be assigned by the franchisee's estate to an assignee within 6 months. This assignee must meet all the standard conditions for franchise transfers.
This means that the franchisee's heirs or legal representatives have a limited time frame to find a qualified buyer for the Body Brain Center franchise. The potential buyer will need to be approved by Body Brain Center, meet their qualifications, and take over the franchise agreement.
This requirement ensures that Body Brain Center maintains control over who operates their franchises, even in unforeseen circumstances. It also provides some value to the franchisee's estate, as the business can be sold rather than simply terminated. However, the estate will bear the responsibility of finding a suitable buyer and completing the transfer within the specified timeframe.