FDD ITEM 20 · FISCAL 2022–2024
Club Pilates Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2024), Club Pilates reported 1,029 franchised outlets at year end. 5 of 868 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.6%— while 166 new outlets opened. Systemwide units moved +35.2% over 2022–2024.
| Status (FTC) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Outlets at start | 660 | 761 | 876 |
| Opened | 93 | 116 | 166 |
| Transfers | 71 | 78 | 59 |
| Terminations | 0 | 0 | 4 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 1 | 1 |
| Outlets at end | 761 | 876 | 1,029 |
| Net change | +101 | +115 | +153 |
4 terminations + 0 non-renewals + 1 ceased (other) = 5 exits ÷ 868 at start = 0.6%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (59) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
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