What was the total amount Body Brain Center spent on employee leasing fees in 2022?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ent expense under the agreement amounted to $9,600 and $9,600 for the years ended December 31, 2022 and 2021, respectively.
Notes to the Financial Statements December 31, 2022 and 2021
NOTE C - RELATED PARTY TRANSACTIONS (CONTINUED)
Overall Management Services Agreements
The Company pays its sole member for management services. Management services include advertising, providing supplies, management oversight, secretarial services, accounting support, training, website development and referral fees. Overall Management services
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, the company engages in employee leasing agreements with Body & Brain Yoga and Health Centers, Inc. (BBYHC). Under these agreements, Body Brain Center leases employees from BBYHC to serve part-time as Regional Coordinators, Assistant Regional Coordinators, or Support Staff. These leased employees work under the supervision of Body Brain Center while also performing services for BBYHC.
In 2022, Body Brain Center's employee leasing expenses totaled $52,650. This figure represents the cost incurred by Body Brain Center for utilizing the services of these leased employees. In 2021, these expenses totaled $54,600.
Prospective franchisees should consider these related-party transactions when evaluating the financial performance of Body Brain Center. Understanding the nature and extent of these agreements is crucial for assessing the overall financial health and stability of the franchise. Franchisees should inquire about the specific roles and responsibilities of the leased employees and how these arrangements contribute to the operational efficiency of Body Brain Center.