How many Body20 studios opened in Illinois 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 | |||
| Illinois | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | |
| 2024 | 1 | 2 | 0 | 0 | 0 | 0 | 3 |
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 two Body20 studios opened in Illinois during 2024. The table provided in Item 20 of the FDD details the number of studios opened, terminated, and closed for each state over the past three years. At the start of 2024, there was one Body20 studio in Illinois, and by the end of the year, there were three.
This information is valuable for prospective franchisees as it provides insight into the brand's growth and performance in specific regions. The data helps potential franchisees assess the market saturation and the brand's acceptance in Illinois. It also shows the net change in the number of Body20 studios, which can indicate the stability and success of the franchise system in that state.
It's important to note that while two studios opened, none closed or terminated their agreements in Illinois during 2024. This suggests a positive trend for Body20 in Illinois, as the brand is expanding without any closures. Reviewing this data in conjunction with other factors, such as market demographics and competition, can help a prospective franchisee make an informed decision about investing in a Body20 franchise in Illinois.