What was the rent expense for Body Brain Center in 2023?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
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 was for a term of one year and continues until terminated by the mutual consent of the parties. Under the terms of this agreement, the Company pa
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 2023 was $9,600. This expense is related to a premises use agreement with Body & Brain Yoga and Health Centers, Inc., where Body Brain Center has the right to use a portion of their premises. The agreement is on a month-to-month basis and can be terminated as provided in the agreement.
This means that Body Brain Center has an arrangement to utilize space from Body & Brain Yoga and Health Centers, Inc., and this arrangement cost them $9,600 in 2023. For a prospective franchisee, this indicates that Body Brain Center itself has lease obligations and potentially subleases space to franchisees or has some other arrangement for premises use.
It's important to note that this rent expense is specifically tied to the agreement with Body & Brain Yoga and Health Centers, Inc. and may not represent the total rent expenses for Body Brain Center if they lease other facilities independently. Franchisees should inquire about typical rent or lease costs they might incur when establishing their own Body Brain Center location, as this $9,600 figure reflects only a portion of the company's overall leasing arrangements.