How many Body20 studios were terminated 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 | |||
| Arizona | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Colorado | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 2 | 0 | 0 | 0 | 1 | 4 | |
| Florida | 2022 | 8 | 0 | 0 | 0 | 0 | 0 | 8 |
| 2023 | 8 | 4 | 3 | 0 | 0 | 0 | 9 | |
| 2024 | 9 | 2 | 2 | 1 | 0 | 0 | 8 | |
| Georgia | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| 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 | |
| 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 | |||
| Kansas | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Michigan | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | |
| 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 | |
| Missouri | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Nebraska | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Nevada | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 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 | |
| New York | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| North | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Carolina | ||||||||
| 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 1 | 0 | 0 | 0 | 3 | 1 | |
| Oklahoma | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Oregon | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Penn- | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| sylvania | 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| South | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Carolina | ||||||||
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 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 | |||
| Tennessee | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Texas | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 8 | 0 | 0 | 0 | 0 | 9 | |
| 2024 | 9 | 8 | 0 | 0 | 0 | 0 | 17 | |
| Utah | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 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 | |
| Totals | 2022 | 12 | 2 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 14 | 35 | 3 | 0 | 0 | 1 | 45 | |
| 2024 | 45 | 24 | 2 | 1 | 0 | 5 | 61 |
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 2 terminations of Body20 studios in 2024. The provided table in Item 20 of the FDD provides a breakdown of studio activity across different states and years. This includes the number of studios at the start of the year, the number opened, terminations, non-renewals, studios reacquired by the franchisor, studios that ceased operations for other reasons, and the number of studios at the end of the year.
Specifically, for the year 2024, the table shows that out of 45 studios at the start of the year, 24 new studios were opened, 2 studios were terminated, 1 studio was not renewed, no studios were reacquired by Body20, 5 studios ceased operations for other reasons, resulting in 61 studios at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of the Body20 franchise system. A low number of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with their investment. However, it's also important to consider the reasons for any terminations or closures, as these could point to underlying issues within the franchise system. Prospective franchisees should investigate further to understand the context behind these figures.