How many affiliate-owned Body20 studios were there at the start of 2023?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Studio Type | Year | Studios at the | Studios at the | Net Change |
|---|---|---|---|---|
| Start of the Year | End of the Year | |||
| Affiliate-Owned | 2022 | 0 | 1 | +1 |
| 2023 | 1 | 1 | 0 | |
| 2024 | 1 | 1 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–74)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, at the start of 2023, there was one affiliate-owned Body20 studio. The FDD specifies that this studio was operated in Texas under the terms of a franchise agreement with the Predecessor. The Predecessor's owners held a minority ownership interest in this studio.
It is important to note that this single affiliate-owned studio remained the only one through 2023, as the net change for that year was zero. This indicates that while the number of franchised studios increased significantly, the number of affiliate-owned studios remained constant.
Prospective franchisees should consider the limited number of affiliate-owned studios when evaluating the franchise system. Understanding the performance and operational strategies of this single affiliate-owned studio in Texas could provide valuable insights. It would be prudent to inquire about the reasons for the lack of growth in affiliate-owned studios compared to the growth in franchised locations.