How many Body20 studios in Florida were operating at the start of 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 | |||
| Florida | 2022 | 8 | 0 | 0 | 0 | 0 | 0 | 8 |
| 2023 | 8 | 4 | 3 | 0 | 0 | 0 | 9 | |
| 2024 | 9 | 2 | 2 | 1 | 0 | 0 | 8 |
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 9 Body20 studios operating in Florida at the start of 2024. The table provided in Item 20 of the FDD details the number of studios at the start of the year, the number opened, terminations, non-renewals, studios reacquired by the franchisor, studios that ceased operations for other reasons, and the number of studios at the end of the year for each state. This information is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this data offers insight into the growth and stability of Body20 in Florida. The increase from 8 studios in 2022 to 9 in 2024 suggests a growing market presence. However, the opening of 4 studios in 2023 with 3 terminations indicates some level of turnover or challenges within the Florida market. The opening of 2 studios in 2024 with 2 terminations also suggests some level of turnover.
It is important for potential franchisees to investigate the reasons behind terminations to understand the potential risks and challenges of operating a Body20 studio in Florida. Further research into the specific locations and performance of existing studios would provide a more comprehensive understanding of the market dynamics and opportunities available.