What is Joung Yoon's primary role related to Body Brain Center and its parent company?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
g the service marks "Body + Brain" and "Body & Brain Center" (collectively, the "Marks") in the operation of the franchisees.
Revenues from franchised centers consisted of:
| _ | 2024 | _ | 2023 | |
|---|---|---|---|---|
| Royalties | $ | 206,645 | $ | 200,578 |
| Initial franchise fees | 6,733 | 7,800 | ||
| Transfer Fee | - | 3,000 | ||
| Franchise renewal fees | 6,059 | 6,061 | ||
| Owner training fees | 20,000 | - | ||
| Advertising fund fees | _ | 10,217 | _ | 9,909 |
| Revenues from franchised centers | $ = | 249,654 | $ = | 227,348 |
Licensing Agreement
The Company (Licensee) has a licensing agreement with BR Consulting, Inc. (Licensor). This agreement automatically renews on an annual basis until terminated.
BR consulting, Inc. is the owner of all the intellectual property rights including, but not limited to, logos, trademarks, service marks, copyrights, and trade secrets which are related with Brain Education programs and/or operating Body & Brain Center.
Notes to the Financial Statements December 31, 2024 and 2023
NOTE D - COMMITMENTS AND CONTINGENCIES (CONTINUED)
Licensing Agreement (Continued)
Licensor grants to Licensee, for the term of agreement, a non-exclusive license to use the licensed materials for distribution of Brain Education Programs and/or operation of Body & Brain Center within the authorized region and the right to sublicense the licensed materials to franchisees for the sole purpose of operating Body & Brain Centers pursuant t
Source: Item 2 — BUSINESS EXPERIENCE (FDD pages 8–9)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Joung Yoon's primary role is not explicitly detailed within the provided excerpts. However, the document does mention BR Consulting, Inc. as the Licensor who owns all intellectual property rights, including logos, trademarks, service marks, copyrights, and trade secrets, related to Brain Education programs and the operation of Body & Brain Centers.
Furthermore, the Body Brain Center (Licensee) has a licensing agreement with BR Consulting, Inc. that automatically renews annually until terminated. This agreement grants Body Brain Center a non-exclusive license to use the licensed materials for distributing Brain Education Programs and operating Body & Brain Centers within the authorized region. They also have the right to sublicense the licensed materials to franchisees for operating Body & Brain Centers under the terms of the franchise agreements.
Under the terms of this agreement, Body Brain Center pays 20% of the total initial franchise fee, franchise renewal fee, training fee, and transfer fee, as well as 50% of royalties earned from franchisees. Additionally, a royalty rate of 3% is applied to income from memberships and private lessons offered by the Direct Center, computed based on the operating margin rate before including the Direct Center's royalty payments. In 2024, this resulted in a payment of $2,060.
To fully understand Joung Yoon's specific role, a prospective franchisee should directly ask the franchisor for clarification on their position and responsibilities within BR Consulting, Inc. and its relationship with Body & Brain Center.