
F45 Training
F45 Training Incorporated · reviewed 2026 disclosure data
Researching F45 Training franchise opportunities? Every figure below is cited to the FDD.
- Franchising since
- 2014 Source: f45training.com
F45 Training is a fitness franchise and global fitness community that operates studios offering high-intensity group workouts, including cardio, resistance, hybrid, recovery, HYROX and Peak500 training. Its functional fitness classes use a library of training movements and are designed to evolve regularly.
Headline figures
Quick facts
- How much does it cost to open a F45 Training franchise?
- The F45 Training Franchise Disclosure Document reports an estimated initial investment of $362,300–$857,700 (2026 FDD, Item 7, PDF p. 30). This is the franchisor's disclosed estimate, not a quote. Details
- What is the F45 Training initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $60,000 (2026 FDD, Item 5, PDF p. 19). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does F45 Training charge?
- The disclosed ongoing royalty is the greater of 7% of Gross Sales or $2,500 per month (2026 FDD, Item 6, PDF p. 22). The brand or advertising fund contribution is $200 Up to 2% of Gross Sales, or $200 per month, whichever is higher (2026 FDD, Item 6, PDF p. 22). Other recurring fees are listed in Item 6. Details
- Does F45 Training disclose financial performance (Item 19)?
- Yes. The F45 Training FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 65). Figures apply only to the locations and period each one covers. Details
- How many F45 Training locations are there?
- The FDD reports 709 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 68). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $362,300 – $857,700 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 6 separate groups: revenue for 225 franchised studios; revenue for 225 franchised studios; revenue for 676 franchised locations; revenue for 226 franchised studios; revenue for 676 franchised locations; revenue for 225 franchised locations. They are not combined.
- 3Outlets declined by 44 in 2025, to 709 (Coverage not stated in the reviewed record, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 30
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 19
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty FeeMain ongoing fee · Additional royalty based on prior-month Gross Sales is due after the monthly minimum.
30 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
6 separate populations, shown apart. Revenue is not owner income.
Franchised locations
Revenue · 225 locations
- Who is counted
- 225 Studios in the Top third
- Period
- March 1, 2025 through February 28, 2026
- Excluded
- 22 Studios were not opened prior to the reporting period beginning on March 1, 2025, or were not opened during the full reporting period of March 1, 2025 – February 28, 2026.
- Method
- For the “average” in each of the thirds, the Gross Sales of the 225 Studios (or 226 Studios for the bottom third) in each subset is divided by 225 or 226.
Franchised locations
Revenue · 225 locations
- Who is counted
- 225 Studios in the Middle third
- Period
- March 1, 2025 through February 28, 2026
- Excluded
- 22 Studios were not opened prior to the reporting period beginning on March 1, 2025, or were not opened during the full reporting period of March 1, 2025 – February 28, 2026.
- Method
- For the “average” in each of the thirds, the Gross Sales of the 225 Studios (or 226 Studios for the bottom third) in each subset is divided by 225 or 226.
Franchised locations
Revenue · 676 locations
- Who is counted
- 676 franchised F45 Studios that were open and operating for at least 12 months as of February 28, 2026
- Period
- March 1, 2025 through February 28, 2026
- Excluded
- 22 Studios were not opened prior to the reporting period beginning on March 1, 2025, or were not opened during the full reporting period of March 1, 2025 – February 28, 2026.
- Method
- Average Annual Gross Sales is the total Gross Sales for the 676 Studios in the sample for the 12-month period, divided by the number of Studios in the sample.
Franchised locations
Revenue · 226 locations
- Who is counted
- 226 Studios in the Bottom third
- Period
- March 1, 2025 through February 28, 2026
- Excluded
- 22 Studios were not opened prior to the reporting period beginning on March 1, 2025, or were not opened during the full reporting period of March 1, 2025 – February 28, 2026.
- Method
- For the “average” in each of the thirds, the Gross Sales of the 225 Studios (or 226 Studios for the bottom third) in each subset is divided by 225 or 226.
Franchised locations
Revenue · 676 locations
- Who is counted
- 676 franchised F45 Studios that were open and operating for at least 12 months as February 28, 2026
- Period
- March 2025 to February 2026
- Excluded
- 22 Studios were not opened prior to the reporting period beginning on March 1, 2025, or were not opened during the full reporting period of March 1, 2025 – February 28, 2026.
- Method
- Average Monthly Gross Sales is the Average Annual Gross Sales divided by the number of months for the period March 1, 2025 to February 28, 2026.
Franchised locations
Revenue · 225 locations
- Who is counted
- 676 franchised F45 Studios that were open and operating for at least 12 months as of February 28, 2026 (page 65)
- Period
- March 2025 to February 2026
- Excluded
- 22 Studios were not opened prior to the reporting period beginning on March 1, 2025, or were not opened during the full reporting period of March 1, 2025 – February 28, 2026 (page 66)
- Method
- The Gross Sales figures are compiled by using sales that we obtain from reports from the Studio’s point of sale system. We do not regularly audit or verify the reports, or the data obtained (page 66).
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of December 31 fiscal year end of each year.
2026 FDD · Item 20 · PDF p. 68
Net −82 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change.
2025 turnover at a glance
- Outlets at start · reported
- 753
- Exits · summed reported counts
- 0
- Churn · Franopolis calculation
Exits include closures, terminations and non-renewals. Churn divides exits by outlets at the start of the year; it is not a measure of earnings.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($362,300 – $857,700) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units decreased from 753 to 709 in 2025. What drove the change?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 30
- [2]Standard initial franchise fee — Item 5 · PDF p. 19
- [3]Item 19 — Franchised (225 studios) — revenue — 225 Studios in the Top third · PDF p. 65
- [4]Item 19 — Franchised (225 studios) — revenue — 225 Studios in the Middle third · PDF p. 65
- [5]Item 19 — Franchised (676 locations) — revenue — 676 franchised F45 Studios that were open and operating for at least 12 months… · PDF p. 65
- [6]Item 19 — Franchised (226 studios) — revenue · PDF p. 65
- [7]Item 19 — Franchised (676 locations) — revenue — 676 franchised F45 Studios that were open and operating for at least 12 months… · PDF p. 65
- [8]Item 19 — Franchised (225 locations) — revenue · PDF p. 65
- [9]Outlet counts — Item 20, Table 1 · PDF p. 68
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
972 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Bankruptcy disclosed
Initial term
Franchisor financial statements
No verified franchisor financial statement figures have been reviewed yet.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
At a glance
Business history
Owner participation
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Agreement term
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs. Last reviewed 10/5/2026.



