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What was the operating lease right-of-use assets amount for Body Brain Center in 2023?

Body_Brain_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

Body & Brain Yoga and Health Centers, Inc. (BBYHC), subject to the terms and provisions under a premises use agreement.

The following is a schedule by year of minimum future yearly rental payments related to the operating facility lease as of December 31, 2023:

Notes to the Financial Statements December 31, 2023 and 2022

**NOTE D - COMMITMENT

Source: Item 23 — RECEIPT (FDD pages 43–178)

What This Means (2025 FDD)

According to Body Brain Center's 2025 Franchise Disclosure Document, the rent and lease expense totaled $53,017 for the year ended December 31, 2023. The document indicates that the amounts recognized as right-of-use assets and operating lease liabilities related to leases for the operating facility and the premises of Body & Brain Yoga and Health Centers, Inc. are included in the accompanying balance sheet. However, the specific right-of-use asset amount as of December 31, 2023, is not disclosed in the provided excerpts.

While the total rent and lease expense for 2023 is provided, the breakdown of this expense into right-of-use assets and operating lease liabilities is not detailed. Instead, the document only mentions the amounts recognized as right-of-use assets and operating lease liabilities as of December 31, 2022.

A prospective Body Brain Center franchisee should inquire with the franchisor about the specific amount of right-of-use assets and operating lease liabilities recognized on the balance sheet as of December 31, 2023, to gain a clearer understanding of the company's financial commitments related to leased facilities. Understanding these specific figures is crucial for assessing the financial health and obligations of Body Brain Center.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.