How many Punch King Fitness outlets were operating at the end of 2023 across all states?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 | 0 | 0 | 0 | 0 | 0 | |
| New Jersey | 2022 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2021 | 0 | 1 | 0 | 0 | 0 | 1 | |
| TOTAL | 2022 | 1 | 2 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 1 | 0 | 0 | 0 | 4 |
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, at the end of 2023, there were a total of 4 company-owned Punch King Fitness outlets operating across all states. The FDD provides a breakdown of outlet activity by state, including California and New Jersey.
Specifically, in California, there were 3 outlets at the end of 2023, while New Jersey had 1 outlet. The 'TOTAL' row in the table summarizes the combined figures for all states where Punch King Fitness had operations.
Prospective franchisees can use this information to understand the current scale of Punch King Fitness's operations and its geographic distribution. It's important to note that these figures only reflect company-owned outlets, and the FDD also includes tables detailing franchised outlet activity, which in this case shows no franchised outlets operating during the period of 2021-2023.