How many Body20 studios were operating at the end of 2023?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Studio Type | Year | Studios at the | Studios at the | Net Change |
|---|---|---|---|---|
| Start of the Year | End of the Year | |||
| Franchised | 2022 | 12 | 14 | +2 |
| 2023 | 14 | 45 | +31 | |
| 2024 | 45 | 61 | +16 | |
| Affiliate-Owned | 2022 | 0 | 1 | +1 |
| 2023 | 1 | 1 | 0 | |
| 2024 | 1 | 1 | 0 | |
| Total Studios | 2022 | 12 | 15 | +3 |
| 2023 | 15 | 46 | +31 | |
| 2024 | 46 | 63 | +16 |
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 a total of 46 studios operating at the end of 2023. This total includes both franchised and affiliate-owned studios. Specifically, there were 45 franchised studios and 1 affiliate-owned studio in operation at the close of 2023.
Breaking down the numbers further, at the start of 2023, there were 14 franchised studios and 1 affiliate-owned studio. Throughout the year, 31 new franchised studios were opened, while the number of affiliate-owned studios remained constant. This growth reflects a significant expansion of the Body20 franchise system during that year.
It's important for a potential franchisee to understand these figures as they provide insight into the growth trajectory of Body20. The increase in the number of studios can indicate the brand's increasing market presence and acceptance. However, it's also crucial to consider factors such as studio performance, market saturation, and regional variations to get a comprehensive understanding of the franchise's potential.