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F45 Franchise Review: Everything you need to know about Growth Story

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F45 Training franchise is a global fitness and training center. Founded in Australia, but is considered a local player in the United States with around 470 franchise units and more than 2300 globally.

F45 Training believes in innovative, high-intensity, focus group sessions and fast, result-oriented workouts. The Fitness franchise is showing an upward trend despite the Covid-19 economic slowdown. The fitness industry is experiencing unique and innovative business models like personal training centers, cycling studios, hybrid gym models, and budget fitness centers. 

Among them, the franchising fitness concepts have witnessed maximum growth in the United States. The reasons for this growth is proven and tested business prototype, brand building, and low-cost franchise marketing plan.

This brand is the fastest-growing fitness franchise in the United States in 2021. Hence I am writing on the f45 fitness opportunity for you. In this article, you will find more info on this franchise brand, its growth, franchise cost, profit, and, most importantly, how quickly you can get your investment back.

What is the F45 Training?

The F45 Training integrates two different constructive fitness business models. The workout includes cardio and strength training resulting in an effective team training program. 

These training programs facilitate members in muscle strengthening or fat burning. The F45 Training delivers quality aerobics exercises to its center members, continuing to build the f45 brand character.

The three pillars behind the success of f45 Training

  • Innovation
  • Motivation
  • Results

F45 Franchise Opportunity

F45 is a global gym and fitness franchise with more than 2,200 locations in more than 30 countries.F45 opportunities are available in the United States, Canada, U.K., Spain, France, Italy, Germany, Australia, New Zealand, and the Philippines. There are also opportunities to open F45 restaurants in other countries.

There are more than 470 f45 studios in the United States, expanding quickly. If they provide returns of investment and popularity in the United States, they will soon reach 1000 f45 locations in the United States.

F45 has robust franchise training systems and franchise training manual to deliver Training to their new and current franchisees.

Franchise Facts

F45 Overview
Industry TypeHealth & Fitness
Sub CategoryFitness Training
Year Established2011
Franchising Started2013
Franchising Started in US2015
Company NameF45 Training Holdings Inc.
Founder/Management HeadAdam Gilchrist, CEO
Employees at Company H.O130 + employees at H.0
Number of Units2300 +
Number of Franchise Units2200 +
Social Media HandlesFacebook
Twitter
LinkedIn
Instagram
Youtube
Company Office locationF45 Training USA H.Q.
    236, California St.
El Segundo,
CA 90245,USA

F45 Studio Requirements

You can see the requirements if you consider owning an f45 franchise and and transform bodies and your life..

  1. Minimum $100,000 cash capital or accessibility to investors
  2. Total franchise investment of $ 313,000 – $ 485,000
  3. Retail or commercial real estate location with a minimum of 170 sq.m or 1830 sq. ft for f45 studio
  4. Passionate about fitness and gym training and building a business.

I will share with you the franchise costs. These requirements and start-up costs are as per the latest f45 fdd.

How much does it cost to open a F45 franchise? 

The cost to start the f45 franchise varies in different parts of the world.The f45 cost in Canada is same as in USA.

The franchise fee of $ 50,000 is slightly high than the overall cost to start the franchise in the United States.  The other price is about $ 200,000, including initial fees and training opening package.The upfront fees range from 40-60 % of the total f45 franchise cost.

This franchise fee and start-up cost of $ 200,000 is justified if you make money fast with this brand.

F45 Fitness Franchise Fees and Ongoing Cost

Owing an F45 Franchise requires a cash capital of $ 120,000 and below another cost.

Every franchise business has ongoing royalties. F45 Training has monthly royalty of 7% and 2% as brand marketing fees and a $ 2500 monthly marketing fund.

The Fitness franchise industry in the United States has an average royalty fee of 6% and 2% as brand fees. The f45 training royalty is slightly higher, but the monthly marketing fees of $ 2500 can burden franchises in the first year of operations.

F45 Training Franchise Fees & Ongoing Cost
Initial Franchise Fee$ 52,000
Initial Investment$313,000 – $485,000
Royalty Fee7%
Advertising Fee2 %
Term of Agreement5 years 
Is franchise term renewable?Yes
Renewable Franchise Fees50% of Initial Franchise fees

The mentioned financial numbers in this post are based on the updated franchise disclosure document.

Franchise Trainings & Support Offered.

Whether a seasoned franchisee or a first-time operator, the F45 Training and support programs are designed to set you up for success, from comprehensive initial Training to ongoing operations support, we’re with you every step of the way.

Initial Franchise Training

All new franchisees and key staff must attend our intensive initial training program. This comprehensive course covers everything from studio set-up and equipment to marketing and sales and delivered by an expert team of franchise managers and support staff.

Operations and franchise support

F45 Training is one of the world’s fastest-growing fitness franchises, and it’s no wonder why. With affordable membership options, a high-intensity workout, and a supportive community, F45 has quickly become the go-to workout for busy people who want to get in shape.

But what makes F45 Training different from other fitness franchises? One big difference is the level of support that F45 provides to its franchisees.

When you sign on as a franchise, you will receive updates related to the franchise start-up checklist and studio opening procedures.

How is F45 Franchise Territory Granted

The f45 categorizes territory based on population, urban or semi-urban locality, and other demographics.

According to recent updates, F45 franchise territories have a population of 15,000. This franchise territory is relatively small as per my franchising experience.

There are few F45 franchise complaints on this concern of territories allocation. The f45 management has started another unit in or near existing territory.

These concerns have resulted in a few franchise closures and have increased the F45 franchise failure rate. When signing your agreement, you can reduce this f45 failure rate by demarking your territories.

I will also appeal to f45 to address these franchise complaints and reduce your franchise failure rate. The hard-earned money of your franchisee is as important as your brand growth. If your franchisee is satisfied and motivated, they will open new locations within or nearby territories.

 Does F45 provide Financial Assistance?

The franchise can apply for SBA and other franchise loans available in the market.

F45 is the first fitness company in the United States to provide debt financing to veterans seeking to own an f45 studio. As per Businesswire, The U.S. Department of Defence committed $ 100 million for f45 franchises.

Why start F45 Training Studio?

There are a lot of benefits to owning a F45 franchise. Probably the most apparent use is the money you make. As a franchise owner, you must have guaranteed a certain percentage of the sales your franchise makes. This method can be helpful if you are starting and don’t have much business experience.

Another significant benefit is the support you get from the F45. The f45 management will help you with everything from marketing to Training to franchising your business. F5 is there to help you succeed, and that is valuable.

There are many reasons for owning a F45 franchise. Perhaps you are passionate about it. Whatever your reasons, there are many benefits to beginning an F45 franchise like

  1. F45 Training has been around for over a decade and has become one of the world’s leading and fastest-growing fitness franchises.
  2. F45 franchise has a unique approach to fitness and health that has helped countless people get in shape and live healthier lives.
  3. F45 Fitness studios has a solid social media presence and is constantly innovating new ways to keep its customers engaged.
  4. F45 is known for its high-quality equipment and customer service.
  5. F45 Training is expanding rapidly worldwide and is poised for continued success.

How much do F45 franchise owners make?

F45 studio owners can make a lot of money. They can make up to $1 million per year in f45 franchise revenue.

The average F45 franchise owner makes profit between $30,000 and $50,000 annually. The F45 franchise profit depends on revenue; membership sold, ongoing running costs, and operating margins.

According to f45, the f45 training studios enjoy a profit margin of 30%, which is relatively high compared to fitness industry margins of 9.6%.

The f45 franchise profit is calibrated with average sales and margins.The average f45 franchises make $ 350,000 for 3rd year,the margins are 30%,which is franchise profit of $ 110,000.

However, there are a few things that franchise owners need to keep in mind. They need to make sure that they are charging their clients enough to cover their costs and need to make sure that they are providing a good service.

How much is the F45 franchise owner salary?

As explained above, the f45 fitness franchise owner’s salary or profit is around $ 100,000-$ 150,000 if the f45 gym franchise makes an annual revenue of $ 350,000-$ 450,000.

In case you wish to work full-time with your f45 training studio. Then the f45 studio owner can draw out the salary from the business based on the studio owner’s role.

As per Glassdoor, the average f45 fitness franchise salary is $ 40,000-$ 50,000 annually. In this case, the f45 franchise owner will make both profit and salary. This cumulative salary and profit can be $ 120,000-$ 180,000.

F45 franchise reviews

The F45 Training franchisees come from various backgrounds and cultures. They have more than 2200 franchises worldwide in more than 50 countries. These individuals are passionate about the fitness industry and love to see people get healthy with the best f45 training sessions.

The f45 franchise reviews should matter to you if you want to own an f45 training business. You should meet the franchises near you or contact them electronically and understand their f45 franchise reviews and perspectives on the business opportunity.

You should see these impressive stories of Jennie Demas (Multi-Unit Franchise) and Laura Rutledge (new franchise owner).

I have a few f45 studio reviews fom their website, maybe their best-performing franchises. I request the existing f45 franchise to share their reviews on the business in the comment section below, or we could have an interview with you.

F45 Training Franchise Rankings

F45 is a global fitness franchise that is quickly gaining popularity. Several publications have ranked the company as one of the top fitness franchises, including Entrepreneur Magazine and Franchise Times.

The F45 Training 2022 Franchise Rankings as below

  • Ranked #10 for fastest-growing franchise worldwide in 2022
  • Ranked #22 for the fastest-growing franchise in the United States and Canada in 2022
  • Ranked #33 for Top franchises worldwide in 2022
  • Ranked #43 for Top 500 Franchise worldwide in 2022

Franchise Deck Overview

Are you looking to start your own business? There are many opportunities available to you, whether you’re looking to create your own business from scratch or join an existing business. Here’s an overview of some of the most popular franchise opportunities. Entrepreneurs who want to open franchise should do enough research and franchise review before buying a franchise.

I have tried my best to get you complete and accurate information on the F45 Training business opportunity. It would be best if you had many questions related to f45 fitness. Moreover, most of you will ask – Are the F45 franchise profitable?

I aim to inform you of the pros and cons of all franchise opportunities on the franchise deck. I have never posted a biased or sponsored review on any franchise opportunity.

In the case of F45 Training, the studios are making decent money month on month. 

The few concerns to me on this franchise opportunity which can increase the f45 franchise failure rate is

  • Market Saturation saturation and shrinking of franchise territories
  • 40-50% of total investment is into upfront fees 
  • Few Low resale value sales of f45 training studios.

What is the F45 Franchise Failure rate?

You can find the F45 franchise failure rate with their latest franchise disclosure document. You need to check the number of units closed and opened in the last 3 to 5 years. Ideally, you can ask this question in your interview with senior management.

As per my research, the F45 franchise failure rate is low and the franchises are doing well. Previously I listed concerns related to low price sales of existing units, very small franchise territory, and the majority of franchises of f45 training are sold and not passing over to the next generation. There can be plenty of reasons for these concerns, Covid pandemic can be one of the reasons.

Before owing a f45 franchise,You should identify the existing franchise’s reviews and failure rate.

The failure doesn’t always indicate franchise closures or low-value resales. It can be less profitable franchises or low support and training provided by franchisors. If you have any more questions on the failure rate, ask me in the comments below.

Conclusion 

F45 franchise is a unique fitness concept combining high-intensity interval training (HIIT) with functional Training. The workouts are constantly changing, so members never get bored, and the classes are small, so everyone gets individual attention.

If you decide to own an f45 studio in your neighborhood, you should talk and find studio reviews in your area—study my above concerns in the overview. You could also look for an existing f45 franchise for sale, and if you are a fitness industry expert, you could turn the f45 studio into a superprofit center.

Choose your f45 studio model

  • Franchise  – Standalone F45 Training and fitness studio for individual, single or multi-unit opportunity
  • Military – Franchise and Employment Opportunites for Military Veterans
  • College – F45 F45 COLLEGIATE NETWORK for your universities and college campus
  • Corporate On-site F45 studio to enhance your corporate wellness.

I will be happy to hear from you with suggestions, feedback, and questions on this franchise opportunity. You can also read about F45 training competitions in franchising. The competitors include Orange Theory franchise and Planet Fitness Franchise Opportunities.

Frequently Asked Questions (FAQs)

1. What is the F45 Fitness Franchise Term of Agreement and Renewal?

The franchise agreement term is five years and further renewed twice for another two terms of 5 years each.

2. How much is the F45 franchise cost 

The new f45 studio will cost you $ 300,000 – $ 500,000.This cost includes initial franchise fees and other upfront fees, equipment, and site improvement costs.

3. How to get F45 Franchise Insurance?

It is always advisable to start with franchise insurance when starting any franchise business. Franchise Manager will suggest franchise insurance options for your new f45 studio.

8 thoughts on “F45 Franchise Review: Everything you need to know about Growth Story”

  1. Wow,I was looking to start f45 fitness franchise.
    Your this article,is very detailed and shared a lot of information on this franchise.

    The best thing your overview and the way you summarised the f45 franchise business.

    1. Thanks a ton ! Chris for reading our articles and wanting and waiting for new post from us.

      We thrive on admirers like you.

      F45 Franchise is indeed a great opportunity,just keep you upfront cost low and try to make money faster.
      Another way,you can start is buy f45 franchise for sale options,I mean the resale options.

      Good LIck,any further assistance,just a Email away.

      Cheers,
      Franchise Deck

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