The Franchisor is Btone Fitness Development, LLC, a limited liability company organized under the laws of the Commonwealth of Massachusetts on August 29, 2017 with a principal business address located at 30 Newbury Street, 4th Floor, Boston, Massachusetts 02116. OUr telephone number is (617) 699-9496. We are owned by our members. We conduct business under our corporate name, under the trade name and service mark “btone FITNESS”.
We have never operated a business similar to the Franchised Business. We have offered franchises for btone FITNESS businesses since January 31, 2018. We have never offered franchises in any other line of business.
We are offering, under the terms of this Disclosure Document, the opportunity to become a franchisee to develop and operate a btone FITNESS boutique fitness studio offering resistance training vyith slow, controlled movements; The Franchised Business operates under the trade name and service mark “btone FITNESS uniform resource locators (URLs), domain names, website addresses, email addresses, digital cellular addresses, Wireless web addresses and the like and associated logo designs, symbols and trade'dress (collectively, the “Marks”). We may designate other trade names, trademarks and service marks as Marks.
The Franchise Fee is $50,000. You must pay the Franchise Fee in a lump sum when you sign the Franchise Agreement. In consideration for the Franchise Fee, we grant you a franchise tp operate a btone FITNESS Studio (“Studio”) and provide you and certain of your personnel with initial training. The Franchise Fee is fully earned and non-refundable when paid.
We do not offer direct or indirect financing. We do not guarantee your note, lease, or obligation.
Other than the financial performance representation in this Item 19, Btone Fitness Development, LLC does not make any financial performance representation. We also do not authorize our employees or representatives to make any representations either orally or in writing. If yOU are purchasing an existing franchise, however, we may provide you with the actual records of that business. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting our Managing. Member, Jody Merrill, Btone Fitness Development, LLC, 30 Newbury Street, 4th Floor, Boston, Massachusetts 02116, the Federal Trade Commission, and the appropriate state regulatory agencies