How many Body20 studios ceased operations for other reasons in Michigan during 2024?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Studios at | Studios | Terminations | Non- | Reacquired | Ceased | Studios |
|---|---|---|---|---|---|---|---|---|
| Start of the Year | Opened | Renewals | by Franchisor | Operations – Other Reasons | at End of the Year | |||
| Kansas | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Michigan | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 1 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–74)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, one Body20 studio in Michigan ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2024. At the start of 2024, there were two Body20 studios operating in Michigan. While no new studios opened during the year, one studio ceased operations for other reasons, leaving one studio operating at the end of the year.
This information is crucial for prospective franchisees as it provides insight into the stability and potential challenges within the Body20 franchise system in specific geographic areas. Understanding the reasons behind studio closures can help franchisees assess the risks and opportunities associated with investing in a Body20 franchise in a particular state.
It's important to note that 'other reasons' for ceasing operations are not defined in this section of the FDD. A prospective franchisee should ask Body20's franchisor for more details about the specific reasons for these closures to better understand the factors that may impact the success of a Body20 studio in Michigan.