Who was the franchisor of Body20 before the acquisition in April 2025?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
As we acquired the BODY20® franchise system in April 2025, Predecessor was the franchisor for fiscal years 2022, 2023, and 2024. During that period, Predecessor's owners held a minority ownership interest in one Studio, which was operated in Texas under the terms of a franchise agreement with Predecessor. That Texas Studio has been categorized as an "Affiliate-Owned Studio" in this Item 20.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–74)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, the franchisor before the acquisition in April 2025 was referred to as "Predecessor." The document indicates that the current franchisor acquired the Body20 franchise system in April 2025. Therefore, "Predecessor" was the franchisor for the fiscal years 2022, 2023, and 2024.
During the time that Predecessor was the franchisor, its owners held a minority ownership interest in one Body20 studio. This studio was located in Texas and operated under the terms of a franchise agreement with Predecessor. The FDD categorizes this Texas-based studio as an "Affiliate-Owned Studio."
Prospective franchisees should note that the financial and operational performance during the years when "Predecessor" was the franchisor may not be indicative of future performance under the new ownership. It would be prudent to investigate the reasons for the acquisition and the changes implemented by the new franchisor to assess the potential impact on their investment.