What was the reported value of Body Brain Center's website asset in 2023?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ement amounted to $4,800 and $4,800 for the years ended December 31, 2024 and 2023, respectively.
Operating Lease Agreements
The Company has a premises use agreement with Body & Brain Yoga and Health Centers, Inc. The term of this agreement shall be month-to-month or until terminated as provided under this agreement. Under the terms of this agreemen
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Body Brain Center's financial statements include expenses related to website development as part of management service agreements. In 2023, Body Brain Center paid its sole member $18,000 for management services, which include website development.
This indicates that Body Brain Center invests in maintaining and developing its online presence. For a prospective franchisee, this suggests that the franchisor recognizes the importance of a strong online presence and is willing to allocate resources to it.
However, the FDD does not explicitly state the specific asset value of the website itself. Instead, it discloses the expenses incurred for website development as part of broader management services. A potential franchisee may want to inquire about the specific details of the website's performance metrics, such as traffic, conversion rates, and lead generation, to better understand the return on investment from these website development expenses.