How many Body20 studios opened in Minnesota 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 | |||
| Minnesota | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 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 opened in Minnesota during 2024. The table provided in Item 20 of the FDD details the number of studios opened in each state for the years 2022, 2023 and 2024. At the start of 2024, there were no Body20 studios in Minnesota, and by the end of the year, there was one studio.
This information is valuable for prospective franchisees as it provides insight into the brand's growth and presence in specific geographic areas. The data allows potential franchisees to assess the maturity of the Body20 brand in Minnesota and to understand the competitive landscape.
It's important to note that while one studio opened in Minnesota during 2024, prospective franchisees should further investigate the performance and sustainability of that studio. Additional due diligence, including speaking with current franchisees in Minnesota and analyzing market conditions, is essential before making a franchise investment decision.