How much did Body Brain Center collect in initial franchise fees in 2023?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
nc. 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.
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 to the terms of franchise agreements within the authorized region.
Under the terms of this agreement, the Company pays 20% on the total of the initial franchise fee, franchise renewal fee, training fee and transfer fee and 50% of royalties earned from fr
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, while the document details the licensing agreement between Body & Brain Center and BR Consulting, Inc., including royalty rates and license expenses for 2023, it does not explicitly state the total amount of initial franchise fees collected by Body & Brain Center during that year. The licensing agreement stipulates that Body & Brain Center pays 20% of the total initial franchise fee (along with franchise renewal, training, and transfer fees) to BR Consulting, Inc.
To determine the exact amount of initial franchise fees collected in 2023, a prospective franchisee should ask Body & Brain Center directly for this figure. Understanding the total initial franchise fees collected in a specific year can provide insight into the company's growth and the number of new franchises established.
Furthermore, it would be beneficial to inquire about the number of new franchises sold in 2023, as this information, combined with the initial franchise fee, would allow for a more comprehensive financial analysis. This information is crucial for potential franchisees to assess the financial health and expansion rate of Body & Brain Center.