What was the total amount spent on wages for Body Brain Center in 2023?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
nt amounted to $9,600 and $9,600 for the years ended December 31, 2023 and 2022, respectively.
Notes to the Financial Statements December 31, 2023 and 2022
NOTE C - RELATED PARTY TRANSACTIONS (CONTINUED)
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. Management services expenses amounted to $18,000 and $22,000 for t
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to the 2025 Body Brain Center Franchise Disclosure Document, the company leases employees from Body & Brain Yoga and Health Centers, Inc. (BBYHC). These employees work part-time as Regional Coordinators, Assistant Regional Coordinators, or Support Staff under the supervision of Body Brain Center, in addition to their work for BBYHC.
In 2023, Body Brain Center's employee leasing expenses totaled $51,600. This figure represents the amount Body Brain Center paid to BBYHC for the services of these leased employees.
Prospective franchisees should consider this related-party transaction when evaluating the financial performance of Body Brain Center. Understanding the terms of the employee lease agreement and the roles of these leased employees is crucial for assessing the operational structure and potential costs associated with running a Body Brain Center franchise.