What happens if there is only a single Qualified Appraiser for Body Brain Center?

According to Body Brain Center's 2025 Franchise Disclosure Document, if either the franchisor or franchisee fails to appoint a Qualified Appraiser within 30 days after the Appraisal Date, the appraisal of the Body & Brain Center will be conducted by the single Qualified Appraiser who was appointed within that 30-day period. The Appraisal Date is defined as the effective date of the termination or expiration of the Franchise Agreement.

This means that if only one party appoints an appraiser in time, that appraiser's valuation will be the sole basis for determining the fair market value of the Body & Brain Center if the franchisor elects to purchase the center. The fair market value will be used if Body Brain Center chooses to purchase the franchisee's Body & Brain Center upon termination or expiration of the franchise agreement.

For a prospective Body Brain Center franchisee, this highlights the importance of promptly appointing a Qualified Appraiser if the franchise agreement is terminated or expires and Body Brain Center expresses interest in purchasing the center. Failure to do so cedes control of the valuation process to the appraiser chosen solely by Body Brain Center. The franchisee should ensure their appraiser has experience appraising businesses comparable to their Body & Brain Center in the United States to ensure a fair valuation.