What was the wages expense for Body Brain Center in 2021?
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)
The 2025 Franchise Disclosure Document for Body & Brain Center does not explicitly state the wages expense for the year 2021. However, it does detail employee leasing expenses with Body & Brain Yoga and Health Centers, Inc. According to the FDD, employee leasing expenses amounted to $54,600 for the year ended December 31, 2021.
This employee leasing agreement means that Body & Brain Center leases certain employees from Body & Brain Yoga and Health Centers, Inc. to work part-time as Regional Coordinators, Assistant Regional Coordinators, or Support Staff. These employees work on behalf of Body & Brain Center under its supervision, in addition to their duties for Body & Brain Yoga and Health Centers, Inc.
Prospective franchisees should note that this figure represents only the employee leasing expense and may not include all wage-related expenses. To get a complete picture of labor costs, a potential franchisee should ask Body & Brain Center for a detailed breakdown of all wage-related expenses, including salaries, benefits, and payroll taxes, for both corporate staff and leased employees. Understanding the full scope of these costs is crucial for accurate financial planning.