How many franchised Body20 studios were operating at the end 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 | |||
| Franchised | 2022 | 12 | 14 | +2 |
| 2023 | 14 | 45 | +31 | |
| 2024 | 45 | 61 | +16 | |
| Affiliate-Owned | 2022 | 0 | 1 | +1 |
| 2023 | 1 | 1 | 0 | |
| 2024 | 1 | 1 | 0 | |
| Total Studios | 2022 | 12 | 15 | +3 |
| 2023 | 15 | 46 | +31 | |
| 2024 | 46 | 63 | +16 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–74)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, there were 45 franchised Body20 studios operating at the end of 2023. This number reflects a net increase of 31 studios during that year, as there were 14 franchised locations at the beginning of 2023. This information is part of a system-wide studio summary that also includes data for 2022 and 2024, providing a three-year overview of the franchise's growth.
For a prospective franchisee, this data indicates a significant expansion of the Body20 franchise system during 2023. The substantial increase in franchised locations suggests a growing market presence and potentially increasing brand recognition. Reviewing the growth from 2022 to 2024, a potential franchisee can see the rate at which Body20 grew.
It's important to note that while the number of studios increased, this doesn't guarantee success for each individual franchise. Factors such as location, local market conditions, and the franchisee's management skills will all play a role in the success of a Body20 studio. Additionally, the FDD provides data on affiliate-owned studios, which remained constant at one location throughout 2023, and total studios, which reached 46 by the end of 2023. This broader context helps to understand the overall composition of the Body20 system.
Prospective franchisees should further investigate the reasons behind the growth in 2023, as well as the factors contributing to the openings, terminations, or closures of studios in specific states. Understanding these dynamics can provide a more comprehensive view of the opportunities and challenges associated with investing in a Body20 franchise.