How many Punch King Fitness outlets closed in 2023?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termina tions | Non- Renewals | Reacquired by Franchisor | Ceased Operati ons Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| All States | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| TOTAL | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 53–56)
What This Means (2024 FDD)
According to Punch King Fitness's 2024 Franchise Disclosure Document, there were no franchised outlets closed in 2023. Specifically, for franchised outlets, the table shows that in 2023 there were 0 terminations, 0 non-renewals, 0 re acquisitions by the franchisor, and 0 ceased operations for other reasons. This means that no franchised Punch King Fitness locations ceased operations during that year.
Additionally, the FDD provides data on company-owned outlets. The data indicates that there were no company-owned Punch King Fitness locations closed in 2023. This is based on the table that shows the status of company-owned outlets for the years 2021 to 2023.
In summary, considering both franchised and company-owned locations, Punch King Fitness did not experience any closures in 2023, according to the data presented in the 2024 FDD.