Franchise opportunities compared

    9Round vs F45 Training

    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. 24

    F45 Training

    $362,300 – $857,700

    2026 FDD · Item 7 · PDF p. 30

    Initial franchise fee · Item 5

    9Round

    $19,900

    2026 FDD · Item 5 · PDF p. 15

    F45 Training

    $60,000

    2026 FDD · Item 5 · PDF p. 19

    Royalty · Item 6

    9Round

    6% or $600/mo min

    2026 FDD · Item 6 · PDF p. 17

    F45 Training

    Greater of 7% of Gross Sales or $2,500 per month

    2026 FDD · Item 6 · PDF p. 22

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Only F45 Training has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    9Round

    $160,449 – $390,300
    Total
    2026 FDD · Item 7 · PDF p. 24

    F45 Training

    $362,300 – $857,700
    Total
    2026 FDD · Item 7 · PDF p. 30
    Standard initial franchise fee (Item 5)

    9Round

    $19,900
    The fee is uniform for all new franchisees; Item 5 separately lists discounts and programs for other situations.
    2026 FDD · Item 5 · PDF p. 15

    F45 Training

    $60,000
    A document preparation fee of up to $2,500 is also due at signing.
    2026 FDD · Item 5 · PDF p. 19
    Royalty (Item 6)

    9Round

    6% or $600/mo min
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 17

    F45 Training

    Greater of 7% of Gross Sales or $2,500 per month
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 22
    Brand / advertising fund (Item 6)

    9Round

    Not available
    No reviewed brand or advertising fund fee

    F45 Training

    $200
    Brand Fund — Up to 2% of Gross Sales, or $200 per month, whichever is higher
    2026 FDD · Item 6 · PDF p. 22

    System scale & health

    Total outlets (Item 20)

    9Round

    142
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 56

    F45 Training

    709
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 68
    Net outlet change (Item 20)

    9Round

    −137
    Calculated: 279 at end of 2023 → 142 at end of 2025

    F45 Training

    −82
    Calculated: 791 at end of 2023 → 709 at end of 2025
    Outlet exits (Item 20)

    9Round

    Not available
    No complete exit records for a year

    F45 Training

    72
    Closures, terminations & non-renewals in 2024 · Calculated turnover 9.1% of outlets at start of year
    2026 FDD · Item 20 · PDF p. 76
    Franchising since (Item 1)

    9Round

    2009; franchises offered since April
    2026 FDD · Item 1 · PDF p. 8

    F45 Training

    Began offering franchises in 2015
    2026 FDD · Item 1 · PDF p. 8
    Franchisor founded (Item 1)

    9Round

    2008; formed December 15
    2026 FDD · Item 1 · PDF p. 8

    F45 Training

    Incorporated in 2015
    2026 FDD · Item 1 · PDF p. 8

    Financial performance (Item 19), by location group

    9Round

    Not disclosed — no Item 19 financial performance representation

    F45 Training
    Franchised (225 studios) — revenue — 225 Studios in the Top third
    $724,472
    mean Annual Gross Sales
    2026 FDD · Item 19 · PDF p. 65
    Franchised (225 studios) — revenue — 225 Studios in the Middle third
    $437,219
    mean Annual Gross Sales
    2026 FDD · Item 19 · PDF p. 65
    Franchised (676 locations) — revenue — 676 franchised F45 Studios that were open and operating for at least 12 months…
    $480,832
    mean Annual Gross Sales
    2026 FDD · Item 19 · PDF p. 65
    +3 more groups in the full report

    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 Training: common questions

    Which costs less to open, 9Round or F45 Training?
    9Round: $160,449 – $390,300 (2026 FDD · Item 7 · PDF p. 24); F45 Training: $362,300 – $857,700 (2026 FDD · Item 7 · PDF p. 30). 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 Training royalties compare?
    9Round: 6% or $600/mo min (2026 FDD · Item 6 · PDF p. 17); F45 Training: Greater of 7% of Gross Sales or $2,500 per month (2026 FDD · Item 6 · PDF p. 22). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, 9Round or F45 Training?
    9Round: 142 (2026 FDD · Item 20 · PDF p. 56); F45 Training: 709 (2026 FDD · Item 20 · PDF p. 68). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do 9Round and F45 Training disclose financial performance (Item 19)?
    9Round makes no Item 19 financial performance representation; F45 Training has reviewed Item 19 figures for 6 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.

    How Franopolis reviews FDD figures

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