How much did Body Brain Center collect in transfer fees in 2023?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
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 franchisees by the Company.
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Body Brain Center's revenue from transfer fees cannot be determined from the provided excerpts. However, the document does state that Body Brain Center has a licensing agreement with BR Consulting, Inc., where Body Brain Center pays 20% of the total of initial franchise fees, franchise renewal fees, training fees, and transfer fees to BR Consulting, Inc. The document also mentions that Body Brain Center collects various fees, including initial franchise fees, royalty fees, training fees, renewal fees, and transfer fees.
While the FDD mentions transfer fees as a component of payments to BR Consulting, Inc., it does not specify the exact amount of transfer fees collected by Body Brain Center in 2023. The document provides details on other income and expenses, such as advertising fund fee income, software service agreements, operating lease agreements, and management services agreements, but it lacks specific figures for transfer fee income.
A prospective franchisee should inquire directly with Body Brain Center about the total transfer fees collected during 2023 to understand the frequency and financial impact of franchise transfers. Understanding this revenue stream can provide insights into the stability and resale activity within the Body Brain Center franchise system.