How many Body20 studios in Florida were renewed in 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 was one studio renewal in Florida during 2024. The provided table in Item 20 details the changes in Body20 studios across various states from 2022 to 2024. Specifically, for Florida in 2024, the table indicates one franchise agreement renewal.
This information is relevant for prospective franchisees as it provides insight into the stability and longevity of Body20 franchises in Florida. A renewal indicates that a franchisee has found the business to be worthwhile and has chosen to continue operating under the Body20 brand.
However, it is important to note that this is just one data point. A prospective franchisee should also consider the number of terminations, openings, and closures in Florida and other states to get a more comprehensive understanding of the franchise system's health. Additionally, speaking with current and former franchisees can provide valuable qualitative insights into the renewal process and overall franchise experience.