FDD ITEM 20 · FISCAL 2021–2023
LIVE 2 B HEALTHY SENIOR FITNESS Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2023), LIVE 2 B HEALTHY SENIOR FITNESS reported 22 franchised outlets at year end. 1 of 23 franchised outlets open at the start of the year left the system — an annualized exit rate of 4.3%— while 0 new outlets opened. Systemwide units moved -8.3% over 2021–2023.
| Status (FTC) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Outlets at start | 24 | 24 | 23 |
| Opened | 0 | 0 | 0 |
| Transfers | 0 | 1 | 3 |
| Terminations | 0 | 1 | 0 |
| Non-renewals | 0 | 0 | 1 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 24 | 23 | 22 |
| Net change | 0 | -1 | -1 |
0 terminations + 1 non-renewals + 0 ceased (other) = 1 exits ÷ 23 at start = 4.3%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (3) 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.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing LIVE 2 B HEALTHY SENIOR FITNESS's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →