Franchise opportunities compared
9Round vs F45 Studio
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
9Round
$160,449 – $390,300
2026 FDD · Item 7 · PDF p. 24F45 Studio
$349,200 – $786,100
2025 FDD · Item 7 · PDF p. 29Initial franchise fee · Item 5
9Round
$19,900
2026 FDD · Item 5 · PDF p. 15F45 Studio
$60,000
2025 FDD · Item 5 · PDF p. 19Royalty · Item 6
9Round
6% or $600/mo min
2026 FDD · Item 6 · PDF p. 17F45 Studio
$2,500
2025 FDD · Item 6 · PDF p. 21Before you compare
- 9Round figures come from its 2026 FDD and F45 Studio figures from its 2025 FDD, so the years differ.
- Only F45 Studio has reviewed Item 19 figures here.
Financial commitment
9Round9Round
F45 Studio
9Round
F45 Studio
9Round
F45 Studio
9Round
F45 Studio
System scale & health
9Round9Round
F45 Studio
9Round
F45 Studio
9Round
F45 Studio
9Round
F45 Studio
9Round
F45 Studio
Financial performance (Item 19), by location group
9RoundNot disclosed — no Item 19 financial performance representation
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
9Round vs F45 Studio: common questions
- Which costs less to open, 9Round or F45 Studio?
- 9Round: $160,449 – $390,300 (2026 FDD · Item 7 · PDF p. 24); F45 Studio: $349,200 – $786,100 (2025 FDD · Item 7 · PDF p. 29). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for 9Round. Estimates are not quotes, and the FDD years may differ.
- How do 9Round and F45 Studio royalties compare?
- 9Round: 6% or $600/mo min (2026 FDD · Item 6 · PDF p. 17); F45 Studio: $2,500 (2025 FDD · Item 6 · PDF p. 21). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, 9Round or F45 Studio?
- 9Round: 142 (2026 FDD · Item 20 · PDF p. 56); F45 Studio: 753 (2025 FDD · Item 20 · PDF p. 64). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do 9Round and F45 Studio disclose financial performance (Item 19)?
- 9Round makes no Item 19 financial performance representation; F45 Studio has reviewed Item 19 figures for 4 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching

Full 9Round report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full F45 Studio report
Every reviewed fee, Item 19 group, outlet table and territory disclosure


