What was the total number of Body20 franchise transfers in 2024, as indicated in the table?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 2 Transfers of Studios from Franchisees to New Owners (other than to us) For years 2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| 2023 | 1 | |
| 2024 | 0 | |
| 2022 | 0 | |
| 2023 | 0 | |
| 2024 | 1 | |
| 2022 | 1 | |
| 2023 | 1 | |
| 2024 | 0 | |
| 2022 | 0 | |
| 2023 | 0 | |
| 2024 | 1 | |
| 2022 | 1 | |
| 2023 | 2 | |
| 2024 | 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, Table No. 2 provides data on studio transfers from franchisees to new owners for the years 2022 to 2024. The table shows the number of transfers that occurred in each state for those years. To determine the total number of Body20 franchise transfers in 2024, we need to sum the 'Number of Transfers' across all listed states for that year.
Specifically, the table lists the number of transfers in 2024 for various states. By adding these figures together, we find the total number of transfers. In 2024, there were 0 transfers in the first listed state, 1 in the second, 0 in the third, 1 in the fourth, and 2 in the fifth.
Therefore, the total number of Body20 franchise transfers in 2024 was 4. This information is valuable for potential franchisees as it provides insight into the stability and desirability of existing Body20 franchises. A higher number of transfers might indicate challenges within the franchise system, while a lower number could suggest franchisee satisfaction and business success.