How many Punch King Fitness outlets were opened in New Jersey during 2022?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
BIT G.
Table No. 4 STATUS OF COMPANY-OWNED OUTLETS For Years 2021 to 2023
| State | Year | Outlets at Start of Year | Outlets Opened | Reacquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2021 | 0 | 1 | 0 | 0 | 0 | 1 | |
| California | 2022 | 1 | 1 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 0 | 0 | 3 | |
| 2021 | 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, one outlet was opened in New Jersey during 2022. At the start of 2022, there were no Punch King Fitness outlets in New Jersey. By the end of 2022, after the opening, there was one outlet in the state.
This information is part of a table that provides a state-by-state breakdown of outlet activity over the past three years. This level of detail can be helpful for prospective franchisees to understand the brand's growth and activity in specific geographic areas.
It's important to note that the FDD also includes a disclaimer that where a franchise territory covers more than one state, the franchise, for purposes of this table, is assigned to the state where it has the bulk of its operation, which is not necessarily the same state shown in the business address in the list of franchisees, EXHIBIT G.