How many Body20 studios in North Carolina ceased operations for other reasons 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 | |||
| North | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Carolina | ||||||||
| 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 1 | 0 | 0 | 0 | 3 | 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, three Body20 studios in North Carolina ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2024. The table provided in Item 20 of the FDD details the changes in Body20 studio counts across various states.
Specifically, North Carolina had three studios at the start of 2024 and opened one new studio during the year. However, the number of studios at the end of 2024 was reported as one. This decrease is accounted for by the three studios that ceased operations for 'other reasons'.
This information is crucial for potential franchisees as it highlights the dynamics of studio operations within the Body20 franchise system. Understanding the reasons behind these closures, even if categorized as 'other reasons,' can provide insights into potential challenges or market conditions in North Carolina. Prospective franchisees should inquire further about the specific reasons for these closures to better assess the risks and opportunities in that market.