How many Body20 franchise agreements have been signed but not opened in Texas?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise | Projected New | Projected New |
|---|---|---|---|
| Agreements | Franchised | Company-Owned | |
| Signed But Studio | Studios in the Next | Studios in the Next | |
| Not Opened | Fiscal Year | Fiscal Year | |
| Arizona | 2 | 2 | 0 |
| California | 3 | 3 | 0 |
| Connecticut | 1 | 1 | 0 |
| Florida | 1 | 1 | 0 |
| Georgia | 2 | 2 | 0 |
| Illinois | 1 | 1 | 0 |
| Indiana | 1 | 1 | 0 |
| Massachusetts | 1 | 1 | 0 |
| Michigan | 1 | 1 | 0 |
| Nevada | 1 | 1 | 0 |
| New Jersey | 2 | 2 | 0 |
| Ohio | 2 | 2 | 0 |
| Oregon | 1 | 1 | 0 |
| Texas | 8 | 8 | 0 |
| Utah | 3 | 3 | 0 |
| Virginia | 1 | 1 | 0 |
| Totals | 31 | 31 | 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, as of December 31, 2024, there were 8 franchise agreements signed in Texas for Body20 studios that had not yet opened. This indicates potential future growth for the Body20 brand within the state. These studios are projected to open in the next fiscal year.
For a prospective franchisee, this information suggests that there is already considerable interest and investment in Body20 franchises in Texas. However, it also means that new franchisees may face competition from these upcoming locations. It is important to consider the locations of these future studios when selecting a territory to ensure sufficient market demand.
It is also worth noting that the FDD provides data on the number of studios opened, terminated, and ceased operations in Texas for the years 2022, 2023, and 2024. Reviewing this historical data can give potential franchisees a sense of the brand's performance and stability in the Texas market. This data shows consistent growth in Texas, with 17 studios operating at the end of 2024.