How many Body20 studios opened in New Jersey 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 | |||
| New | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Jersey | ||||||||
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
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 studio opened in New Jersey 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 was one Body20 studio in New Jersey. By the end of 2024, the number of studios increased to two.
This information is valuable for potential Body20 franchisees as it provides insight into the brand's growth and presence in specific states. Observing the number of studios opened, terminated, or ceased operations can help a franchisee assess the stability and potential of the Body20 franchise in a particular market. It's important to note that past performance does not guarantee future results, but it can offer a sense of the brand's track record.
Prospective franchisees should also consider the projected openings for the next fiscal year, as listed in Table No. 5. According to this table, Body20 anticipates opening two new franchised studios in New Jersey. This projection, combined with the historical data, can help potential franchisees gauge the brand's growth strategy and market penetration plans for the state. However, it is important to remember that these are projections and may not accurately reflect actual future openings.