How many Body20 studios opened in Virginia during 2023?
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 | |||
| Virginia | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 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 Virginia during 2023. The FDD provides a detailed breakdown of studio openings, closures, and transfers across various states and years. This information is crucial for prospective franchisees as it offers insights into the brand's growth trajectory and stability in different markets.
The data reveals that Body20 had one studio in Virginia at the start of 2023 and opened one additional studio during the year, resulting in one studio at the end of 2023. This indicates a modest expansion in the state during that period. Reviewing this historical data allows potential franchisees to assess the brand's performance and market penetration in specific geographic areas.
It's important to note that while the FDD provides historical data, it also includes projections for future openings. For Virginia, the document projects one new franchised studio in the next fiscal year. This forward-looking information, combined with the historical data, can help franchisees make informed decisions about market potential and investment opportunities. Franchisees should also consider other factors, such as local market conditions and competition, when evaluating the feasibility of opening a Body20 studio in Virginia.