F45 Training
F45 Training offers high-intensity interval training in studios, focusing on short, intense workouts. Known for its efficient, results-driven fitness programs, it operates in the competitive fitness franchise market.
About F45 Training
F45 Training is an Australian franchiser and operator of fitness centers based in Austin, Texas. It has around 1,600 studios in over 60 countries across Australia/Oceania, North America, South America, Asia, Europe, and Africa. The first gym was founded by Luke Istomin and Rob Deutsch, and the fitness franchise was launched in 2013 with Adam Gilchrist. It was ranked the fastest growing fitness franchise in the US in 2021, one of the fastest globally. It has around 1,600 studios worldwide, including approximately 240 studios in Australia and about 1,000 studios in North America as of 2024.
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F45 Training franchise FAQ
How much does it cost to open one — the total initial investment?
The total estimated initial investment for opening one F45 Studio ranges between $362,300 to $857,700. This includes $299,600 to $373,200 that must be paid to the franchisor or its affiliates [p.1].
What is the initial franchise fee?
The initial franchise fee can vary depending on the number of studios you agree to establish, as this amount is not specified for a single studio in the provided excerpts. For multiple studio franchises, you would need to refer to Item 5 for more detailed information on the additional establishment fees. [p.33]
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is $2,500 on the opening date and then $2,500 in advance on the first day of each month thereafter. Additionally, there's a Brand Fund Contribution which is the greater of $200 per month or 2% of gross sales per month, due at the time and in the manner that royalty fee payments are due [p.44]. These fees contribute to promoting and developing the F45 brand [p.110].
How long is the initial franchise agreement, and can I renew it?
The initial term of most franchise agreements is five to ten years, with options to renew for an additional five years [p.213]. You are able to exercise a renewal option, but you must provide written notice between six and nine months before the end of the initial term [p.91].
Can I sell or transfer my franchise, and what does that require?
The franchisor can refuse to permit a transfer of ownership of the franchise except for good cause [p.57]. Good cause includes but is not limited to unspecified factors. Additionally, the franchisor has the right to transfer or assign its obligations under the agreement without your consent [p.119], and upon such transfer or assignment, the transferee will be solely responsible for all of the franchisor's obligations arising thereunder.
On what grounds can the franchisor terminate the agreement?
The franchisor may terminate the franchise agreement on any grounds available by law [p.190]. This includes situations where the franchisee is in material default and the franchisor chooses to terminate without giving the franchisee an opportunity to cure the default [p.124]. However, according to Virginia law, a franchisor cannot cancel a franchise without reasonable cause, as defined by Section 13.1-564 of the Virginia Retail Franchising Act [p.194].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts. The FDD mentions working capital requirements [p.98] but does not detail specific net worth or liquid capital needs for qualification as a franchisee.
Do I get an exclusive or protected territory?
No, you do not receive an exclusive territory. You will have some territorial protection where we will not establish another F45 Studio in your Protected Area during the term of the Franchise Agreement, provided you comply with it [p.50, p.88]. However, this protection does not depend on sales volume or other contingencies and you may still face competition from other F45 Studios, FS8 ®, and Vaura TM [p.50, p.51].
What training and ongoing support does the franchisor provide?
The franchisor provides on-site remedial training upon reasonable request or if deemed necessary during the term of the agreement [p.95]. Additionally, the franchisor may offer guidance through Manuals or other written materials, telephone conversations, and virtual or in-person meetings regarding operational standards [p.104]. However, specific ongoing support details beyond these are not detailed in the provided excerpts.
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts.
Does the franchisor share any financial performance or earnings information?
The franchisor can provide actual or potential financial performance information of its outlets if there is a reasonable basis for it and it complies with certain conditions. This includes providing records from existing outlets or supplementing the standard information provided in Item 19 under specific circumstances [p.65]. However, this information does not represent a forecast of the prospective franchisee's future financial performance but rather historic representations about the franchise system’s existing outlets [p.67].
What am I restricted to selling, and where must I buy supplies?
You are required to sell only the products and services that the franchisor has expressly approved in writing [p.57]. You must stop selling any products or services that the franchisor disapproves in writing. Additionally, you may have to purchase certain items from suppliers designated by the franchisor, which could include merchandise like T-shirts, caps, cups, and mugs for resale in the Studio [p.34]. This isn't specified in the excerpts regarding where you must buy supplies for operating restrictions or equipment acquisition, but it indicates that some items may need to be purchased from a designated supplier.