What was the net change in the number of affiliate-owned Body20 studios during 2024?
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, the net change in the number of affiliate-owned studios during 2024 was 0. At the start of 2024, there was 1 affiliate-owned Body20 studio. By the end of 2024, the number remained at 1. This indicates that no new affiliate-owned studios were opened, nor were any closed during that year.
For a prospective franchisee, this information provides insight into the company's strategy regarding affiliate-owned versus franchised locations. The fact that the number of affiliate-owned studios remained constant while the number of franchised studios increased suggests a preference for expanding through franchising rather than corporate-owned locations. This could mean that Body20 is more focused on supporting its franchisees than directly competing with them.
It's important to note that the FDD states that the Predecessor was the franchisor for fiscal years 2022, 2023, and 2024, and that the current franchisor acquired the Body20 franchise system in April 2025. During the period when the Predecessor was the franchisor, its owners held a minority ownership interest in one studio, which was operated in Texas under the terms of a franchise agreement with the Predecessor. This Texas studio has been categorized as an "Affiliate-Owned Studio" in Item 20. This historical context is important for understanding the affiliate-owned studio data.
Prospective franchisees may want to inquire about Body20's future plans for affiliate-owned studios. Understanding the franchisor's long-term strategy can help franchisees assess the level of support and potential competition they might encounter as part of the Body20 franchise system.