What was the rent expense for Body Brain Center in 2021?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
pany (Client) has a software service agreement with Body & Brain Yoga and Health Centers, Inc. (Provider). Provider is engaged in the business of providing yoga and wellness classes and programs, and is experienced in developing and maintaining online software specifically designed for the yoga and wellness industry. This agreement shall be commenced as of the Effective date and shall continue for a period of 1 year or until terminated by the mutual consent of the parties. Under the terms of this agree
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 expense for the company in 2021 was $9,600. This expense is related to a premises use agreement with Body & Brain Yoga and Health Centers, Inc.
The agreement allows Body Brain Center to use a portion of the premises under specific terms and provisions. The term of the agreement is month-to-month, continuing until terminated by either party.
For a prospective franchisee, this indicates that Body Brain Center has ongoing related-party transactions for the use of facilities. It's important to note that the rent expense remained consistent at $9,600 in both 2021 and 2022, which may suggest a stable arrangement, but it's crucial to understand the details of the premises use agreement to assess any potential risks or benefits.