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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

Body20

Body20

Body20 offers franchises for fitness training studios that provide full-body workouts using state-of-the-art electro-muscle stimulation (EMS) technology and equipment, along with related products and services. Franchisees operate under a proprietary system including specific designs, operating procedures, sessions, and standards to deliver high-tech fitness training. The business model targets fitness enthusiasts in metropolitan areas and suburbs, competing in the growing exercise and fitness market with gyms and specialized studios.

61locations
$309K–$473K
Since 2018
Specialized FitnessNewport Beach, CASequel Brands, LLCwww.body20.comDisclaimer

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Franchise Costs

Franchise Fee
$65,000
Initial Investment
$309,249 – $473,369
Royalty Rate
8.00%
Brand Fund
2.00%
Fixed Monthly Fees
$1,060 – $1,060

8% royalty + 2% ad fund + $1060/mo technology fee

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

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How Body20 Compares

Key Insights

  • Higher than average SBA loan default rate in Specialized Fitness
FranchiseInvestmentFeeRoyaltyLocations
Body20
Current
$309K – $473K$65K8.0%61
JAZZERCISE$2K – $3K$1K20.0%5,092
Orangetheory$765K – $1.1M$60K8.0%1,209
F45 Training$294K – $719K$60K7.0%789
Stretch Lab$269K – $610K$65K8.0%485
BRITISH SWIM SCHOOL$123K – $176K$60K10.0%289
Specialized Fitness Average
33 franchises
$312K – $650K$51K7.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 33 Specialized Fitness franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1TX
17
2FL
6
3GA
4
4IL
4
5CO
4
6UT
2
7MI
2
8AZ
2
9NV
2
10NJ
2
11NY
2
12CA
2
13OR
2
14PA
2
15VA
1

+9 more states

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SBA Loan History


Historical SBA 7(a) loan data for Body20 franchisees (20222025)

Total Loans
42
Average Loan
$339,631
Total Volume
$14.3M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

42 SBA loans on record

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Franchisee Contacts

70 franchisee contacts on file from official FDD filings.

70 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases3

Primarily disclosure violations, breach of contract, and unfair trade practices related to franchise agreements.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
10
Non-Renewals
0
Reacquired
0
Ceased Ops
1
Transfers
6
Sold to Franchisees
N/A
Projected New
22

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Frequently Asked Questions

The total initial investment to open a Body20 franchise ranges from $309,249 to $473,369. This includes a franchise fee of $65,000. Ongoing royalty fees are 8.0% of gross sales.