S

    Studio

    Franchise research report · reviewed 2025 disclosure data

    Researching Studio franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Sweat440 franchises membership-based fitness studios combining small-group training with flexible workout times. The system offers individual studios and multi-unit development agreements.

    Headline figures

    Studio quick facts

    Is Studio a franchise?
    Yes. Studio offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 17 franchised and 5 company-owned outlets (2025 FDD, Item 20, PDF p. 48).
    How much does it cost to open a Studio franchise?
    The Studio Franchise Disclosure Document reports an estimated initial investment of $287,900–$685,900 (2025 FDD, Item 7, PDF p. 15). This is the franchisor's disclosed estimate, not a quote. Details
    What is the Studio initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $60,000 (2025 FDD, Item 5, PDF p. 8). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Studio charge?
    The disclosed ongoing royalty is 7% (2025 FDD, Item 6, PDF p. 10). The brand or advertising fund contribution is $420 (2025 FDD, Item 6, PDF p. 10). Other recurring fees are listed in Item 6. Details
    Does Studio disclose financial performance (Item 19)?
    Yes. The Studio FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 43). Figures apply only to the locations and period each one covers. Details
    How many Studio locations are there?
    The FDD reports 22 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 48). Existing locations do not indicate territory availability. Details
    Is Studio a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $287,900 – $685,900 in the 2025 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 7 separate groups: other measures for 2 locations; other measures for locations; other measures for 2 locations; other measures for 2 locations; other measures for 2 locations; other measures for locations; other measures for locations. They are not combined.
    3. 3Outlets grew by 4 in 2024, to 22 (Systemwide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Studio head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    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

    2025 FDD · Item 7 · PDF p. 15

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 8
    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 Fee percentageMain ongoing fee

    37 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?

    7 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    Two locations owned and operated by the franchisor's Parent.
    Period
    Repair & Maintenance
    Method
    Historical income statements based on information provided by the Parent.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    Studios open for the full 12 months ending December 31, 2024, including one Studio that opened in early January 2024; data from Parent, an officer, and franchisees as described in Item 19.
    Period
    2024 fiscal year gross revenue
    Excluded
    Excludes one officer-operated Studio that temporarily closed and relocated in 2024, the 5 Studios that opened in 2024, and the one Studio that closed during 2024; no Studio closed during the 12-month period had been open less than 12 months.
    Method
    Historic gross revenue and monthly average, minimum, maximum, and median from Item 19 table.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    The two locations owned and operated by the Parent during the 12-month period ending December 31, 2024.
    Period
    Janitorial Expense
    Excluded
    No exclusions stated for this group.
    Method
    Historical income statements based on information provided by the Parent.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    The two locations owned and operated by the Parent during the 12-month period ending December 31, 2024; this value is for the Miami-Brickell column.
    Period
    Marketing
    Excluded
    No exclusions stated for this group.
    Method
    Historical income statements based on information provided by the Parent.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    The two locations owned and operated by the Parent during the 12-month period ending December 31, 2024; this value is for the South Beach column.
    Period
    Credit Card Fees
    Excluded
    No exclusions stated for this group.
    Method
    Historical income statements based on information provided by the Parent.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    All Studios open and operating as of December 31, 2024; data obtained from Parent for South Beach and Miami-Brickell, officers for Coral Gables, Charlotte and Nashville, and franchisees for remaining Studios.
    Period
    members at opening
    Excluded
    Studios marked with an asterisk opened before the presale program launched.
    Method
    Number of members at opening.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    All Studios open and operating as of December 31, 2024; data obtained from Parent for South Beach and Miami-Brickell, an officer for Coral Gables, and franchisees for remaining Studios.
    Period
    members as of December 31, 2024
    Method
    Number of members as of the stated date.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, as labeled in the FDD · counts as of Fiscal year 2024 of each year.

    2025 FDD · Item 20 · PDF p. 48

    Net +14 outlets, 2022–2024

    082022182023222024+10+4

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    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 2025 Item 7 estimate ($287,900 – $685,900) 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 went from 18 to 22 in 2024. How many new units opened, closed or changed hands?

    • 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 (2025 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 15
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 8
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Two locations owned and operated by the franchisor's Parent. · PDF p. 43
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Studios open for the full 12 months ending December 31, 2024, including one Stu… · PDF p. 41; PDF p. 42
    5. [5]Item 19 — Locations counted not stated in the reviewed record — The two locations owned and operated by the Parent during the 12-month period e… · PDF p. 43
    6. [6]Item 19 — Locations counted not stated in the reviewed record — The two locations owned and operated by the Parent during the 12-month period e… · PDF p. 43
    7. [7]Item 19 — Locations counted not stated in the reviewed record — The two locations owned and operated by the Parent during the 12-month period e… · PDF p. 43
    8. [8]Item 19 — Locations counted not stated in the reviewed record — All Studios open and operating as of December 31, 2024; data obtained from Pare… · PDF p. 46
    9. [9]Item 19 — Locations counted not stated in the reviewed record — All Studios open and operating as of December 31, 2024; data obtained from Pare… · PDF p. 45
    10. [10]Outlet counts — Item 20, Table 1 · PDF p. 48

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    20242024 cash$51,869
    20242024 accounts receivable$26,751
    20242024 franchise fees receivable$189,000
    20242024 other revenues$4,297
    20242024 net decrease in cash-$28,857
    20242024 brand fund fees$107,415
    20242024 vendor rebates$26,556
    20242024 transfer fees$17,000
    20242024 total revenues$1,360,392
    20242024 operating expenses$1,419,448
    20242024 loss from operations-$59,056
    20242024 net loss-$59,056

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    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

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 19 · PDF p. 43 · 2025 FDD

      Our summary: South Beach — Repair & Maintenance

      “Repair & Maintenance $7,767 $10,723”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: NYC - Chelsea — 2024 fiscal year gross revenue

      “NYC - Chelsea Nov - 19 $1,105,235 $92,10 3 $84,16 7 $99,5 60 $91,694”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Doral — median monthly gross revenue

      “Doral Aug - 22 $889,303 $74,10 9 $67,72 4 $83,191 $72,921”

      Note: The cited page reports this figure for a named individual Studio/location, but does not state a whole-location sample count for that separate subgroup. The overall Studio set or separate two-location Parent group cannot substitute without combining distinct locations.

    • Item 19 · PDF p. 42 · 2025 FDD

      Our summary: Charlotte - NoDa — maximum monthly gross revenue

      “Charlotte – NoDa Jun - 23 $494,4 60 $41,20 5 $36,180 $47,65 1 $40,827”

      Note: The page identifies this individual Studio's metric, but does not establish a whole-number sample count for a distinct group corresponding to this named outlet. I cannot provide the required group context without a supported location count.

    • Item 19 · PDF p. 42 · 2025 FDD

      Our summary: Miami Midtown — 2024 fiscal year gross revenue

      “Miami Midtown Jan - 24 $565,175. $47,09 8 $31,21 5 $52,762 $48,480”

      Note: The cited table provides the named Studio's individual value, but the page does not state a whole-number sample size for a subgroup consisting of that outlet. I cannot preserve the required group context with a supported location count.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Deerfield Beach — members at opening

      “Deerfield Beach Apr - 23 84”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Miami - Upper East Side — members at opening

      “Miami - Upper East Side Feb - 23 356”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Madison — members at opening

      “Madison Feb - 23 107”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Coral Springs — members at opening

      “Coral Springs Apr - 23 146”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Midtown Miami — members at opening

      “Midtown Miami Jan - 24 316”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Nashville — members at opening

      “Nashville Apr - 24 135”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: South Miami — members at opening

      “South Miami Oct - 23 206”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Toms River — members at opening

      “Toms River Apr - 23 348”

      Note: The cited page displays the metric for a named individual Studio/location, but does not quote a whole-location sample count for that separate subgroup. The table-wide population cannot be substituted to complete the required subgroup context.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Miami - Brickell — members at opening

      “Miami - Brickell* Sep - 19 0”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: NYC - Financial District — members at opening

      “NYC - Financial District* Apr - 22 0”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: Coral Gables — members at opening

      “Coral Gables* Nov - 19 0”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 46 · 2025 FDD

      Our summary: South Beach — members at opening

      “South Beach* Apr - 18 0”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 43 · 2025 FDD

      Our summary: South Beach — Monthly Brand Fee

      “Monthly Brand Fee $5,040 $5,040”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 43 · 2025 FDD

      Our summary: South Beach — Royalties (Imputed)

      “Royalties (Imputed) $90,654 $101,645”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 43 · 2025 FDD

      Our summary: South Beach — Other Expenses

      “Other Expenses $18,178 $ 37,584”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 43 · 2025 FDD

      Our summary: Miami-Brickell — EBITDA

      “EBITDA $617,050 $ 682,977”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 43 · 2025 FDD

      Our summary: Miami-Brickell — Monthly Brand Fee

      “Monthly Brand Fee $5,040 $5,040”

      Note: The cited table gives a figure for one named location, but the page does not quote a whole-location sample count for that individual subgroup. The table-wide studio or two-location population cannot be substituted without combining locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Miami Lakes — members as of December 31, 2024

      “Miami Lakes Oct - 22 652”

      Note: The cited page shows a separate figure for a named individual location, but does not state a whole-location sample count for that subgroup. The table-wide group cannot be substituted without merging distinct locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: NYC – Chelsea — members as of December 31, 2024

      “NYC – Chelsea Nov - 19 632”

      Note: The cited page shows a separate figure for a named individual location, but does not state a whole-location sample count for that subgroup. The table-wide group cannot be substituted without merging distinct locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: South Beach — members as of December 31, 2024

      “South Beach Apr - 18 790”

      Note: The cited page shows a separate figure for a named individual location, but does not state a whole-location sample count for that subgroup. The table-wide group cannot be substituted without merging distinct locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Austin – Highland — members as of December 31, 2024

      “Austin – Highland Sep - 22 260”

      Note: The cited page shows a separate figure for a named individual location, but does not state a whole-location sample count for that subgroup. The table-wide group cannot be substituted without merging distinct locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Coral Gables — members as of December 31, 2024

      “Coral Gables Nov - 19 518”

      Note: The cited page shows a separate figure for a named individual location, but does not state a whole-location sample count for that subgroup. The table-wide group cannot be substituted without merging distinct locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Madison — members as of December 31, 2024

      “Madison Feb - 23 141”

      Note: The cited page shows a separate figure for a named individual location, but does not state a whole-location sample count for that subgroup. The table-wide group cannot be substituted without merging distinct locations.

    • Item 19 · PDF p. 42 · 2025 FDD

      Our summary: Austin - Highland — monthly average gross revenue

      “Austin - Highland Sep - 22 $336,138 $27,751 $23,85 6 $31,121 $27,55 5”

      Note: The cited page reports this figure for a named individual Studio/location, but does not state a whole-location sample count for that separate subgroup. The overall Studio set or separate two-location Parent group cannot substitute without combining distinct locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Upper East Side — members as of December 31, 2024

      “Upper East Side Feb - 23 709”

      Note: The cited page shows a separate figure for a named individual location, but does not state a whole-location sample count for that subgroup. The table-wide group cannot be substituted without merging distinct locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: South Miami — members as of December 31, 2024

      “South Miami Oct - 23 406”

      Note: The cited page gives a figure for this individually named Studio, but does not state a whole-location sample count for this separate subgroup. The all-Studio population cannot be substituted without combining locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Toms River — members as of December 31, 2024

      “Toms River Apr - 23 533”

      Note: The cited page gives a figure for this individually named Studio, but does not state a whole-location sample count for this separate subgroup. The all-Studio population cannot be substituted without combining locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Coral Springs — members as of December 31, 2024

      “Coral Springs Apr - 23 264”

      Note: The cited page gives a figure for this individually named Studio, but does not state a whole-location sample count for this separate subgroup. The all-Studio population cannot be substituted without combining locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Pembroke Pines — members as of December 31, 2024

      “Pembroke Pines Nov - 24 268”

      Note: The cited page gives a figure for this individually named Studio, but does not state a whole-location sample count for this separate subgroup. The all-Studio population cannot be substituted without combining locations.

    • Item 19 · PDF p. 45 · 2025 FDD

      Our summary: Ocean Township — members as of December 31, 2024

      “Ocean Township Jun - 24 388”

      Note: The cited page gives a figure for this individually named Studio, but does not state a whole-location sample count for this separate subgroup. The all-Studio population cannot be substituted without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Miami - Brickell — monthly average gross revenue

      “Miami - Brickell Sep - 19 $1,452,07 7 $121,006 $106,46 4 $140,003 $118,748”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: South Beach — monthly average gross revenue

      “South Beach Apr - 18 $1,295,05 5 $107,921 $88,57 9 $143,32 3 $100,386”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: South Beach — maximum monthly gross revenue

      “South Beach Apr - 18 $1,295,05 5 $107,921 $88,57 9 $143,32 3 $100,386”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Miami - Brickell — minimum monthly gross revenue

      “Miami - Brickell Sep - 19 $1,452,07 7 $121,006 $106,46 4 $140,003 $118,748”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Coral Gables — monthly average gross revenue

      “Coral Gables Nov - 19 $777,90 1 $64,825 $47,730 $102,77 2 $55,241”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Coral Gables — 2024 fiscal year gross revenue

      “Coral Gables Nov - 19 $777,90 1 $64,825 $47,730 $102,77 2 $55,241”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Coral Gables — median monthly gross revenue

      “Coral Gables Nov - 19 $777,90 1 $64,825 $47,730 $102,77 2 $55,241”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Coral Gables — maximum monthly gross revenue

      “Coral Gables Nov - 19 $777,90 1 $64,825 $47,730 $102,77 2 $55,241”

      Note: The cited page reports a figure for a specifically named individual Studio/location, but does not state a whole-location sample count for that subgroup. The overall set of Studios or two-location parent group cannot substitute for the individual row.

    • Item 19 · PDF p. 42 · 2025 FDD

      Our summary: Upper East Side — median monthly gross revenue

      “Upper East Side Feb - 23 $1,07 4,000 $89, 500 $78,531 $106,230 $86,922”

      Note: The cited page reports this metric for a named individual Studio/location, but does not state a whole-location sample count for that separate subgroup. The Item 19 all-Studio group or the two-location Parent group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: NYC - Financial District — 2024 fiscal year gross revenue

      “NYC - Financial District Apr - 22 $729,32 7 $60,777 $53,944 $72,48 9 $59,147”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: NYC - Chelsea — maximum monthly gross revenue

      “NYC - Chelsea Nov - 19 $1,105,235 $92,10 3 $84,16 7 $99,5 60 $91,694”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: NYC - Chelsea — minimum monthly gross revenue

      “NYC - Chelsea Nov - 19 $1,105,235 $92,10 3 $84,16 7 $99,5 60 $91,694”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: NYC - Financial District — minimum monthly gross revenue

      “NYC - Financial District Apr - 22 $729,32 7 $60,777 $53,944 $72,48 9 $59,147”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: Doral — monthly average gross revenue

      “Doral Aug - 22 $889,303 $74,10 9 $67,72 4 $83,191 $72,921”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    • Item 19 · PDF p. 41 · 2025 FDD

      Our summary: NYC - Financial District — median monthly gross revenue

      “NYC - Financial District Apr - 22 $729,32 7 $60,777 $53,944 $72,48 9 $59,147”

      Note: The cited page reports this figure for a named individual location, but does not state a whole-location sample count for that separate subgroup. The table-wide Studio population or two-location group cannot substitute without combining locations.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

    Compare Studio with…

    SVS