Franchise opportunities compared

    Adam & Eve vs Athletic Republic

    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

    Adam & Eve

    $105,365 – $365,410

    2026 FDD · Item 7

    Athletic Republic

    $298,900 – $678,500

    2026 FDD · Item 7 · PDF p. 17

    Initial franchise fee · Item 5

    Adam & Eve

    $30,000

    2026 FDD · Item 5 · PDF p. 9

    Athletic Republic

    Not available

    Royalty · Item 6

    Adam & Eve

    $5.00

    2026 FDD · Item 6 · PDF p. 11

    Athletic Republic

    7%

    2026 FDD · Item 6 · PDF p. 11

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Adam & Eve discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Adam & Eve: 2, Athletic Republic: 1). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Adam & Eve

    $105,365 – $365,410
    2026 FDD · Item 7

    Athletic Republic

    $298,900 – $678,500
    Total Initial Investment — $298900
    2026 FDD · Item 7 · PDF p. 17
    Standard initial franchise fee (Item 5)

    Adam & Eve

    $30,000
    2026 FDD · Item 5 · PDF p. 9

    Athletic Republic

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Adam & Eve

    $5.00
    Royalty fee
    2026 FDD · Item 6 · PDF p. 11

    Athletic Republic

    7%
    Royalty percent of total monthly Gross Sales less minimum paid
    2026 FDD · Item 6 · PDF p. 11
    Brand / advertising fund (Item 6)

    Adam & Eve

    1.5%
    Brand Fund contribution — 1.5%
    2026 FDD · Item 6 · PDF p. 11

    Athletic Republic

    $10,000
    Membership Advertising allocation
    2026 FDD · Item 6 · PDF p. 9

    System scale & health

    Total outlets (Item 20)

    Adam & Eve

    107
    Outlets at end of 2024
    2026 FDD · Item 20 · PDF p. 46

    Athletic Republic

    41
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 53
    Net outlet change (Item 20)

    Adam & Eve

    +11
    Calculated: 96 at end of 2022 → 107 at end of 2024

    Athletic Republic

    +3
    Calculated: 38 at end of 2023 → 41 at end of 2025
    Outlet exits (Item 20)

    Adam & Eve

    Not available
    No complete exit records for a year

    Athletic Republic

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Adam & Eve

    Not available
    Not in reviewed records

    Athletic Republic

    2006
    From a verified franchisor listing
    Franchisor founded (Item 1)

    Adam & Eve

    Not available
    Not in reviewed records

    Athletic Republic

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Adam & Eve
    Locations counted not stated in the reviewed record — Adam & Eve franchise system outlets
    $67,964
    other monthly net sales per store
    2026 FDD · Item 19 · PDF p. 45
    Locations counted not stated in the reviewed record — Adam & Eve stores utilizing All Point POS
    58.1 percent
    other Low gross margin
    2026 FDD · Item 19 · PDF p. 45
    Athletic Republic
    Locations counted not stated in the reviewed record
    33 percent
    other AR Gross Sales above average percent
    2026 FDD · Item 19 · PDF p. 52

    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.

    Adam & Eve vs Athletic Republic: common questions

    Which costs less to open, Adam & Eve or Athletic Republic?
    Adam & Eve: $105,365 – $365,410 (2026 FDD · Item 7); Athletic Republic: $298,900 – $678,500 (2026 FDD · Item 7 · PDF p. 17). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Adam & Eve. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Adam & Eve and Athletic Republic royalties compare?
    Adam & Eve: $5.00 (2026 FDD · Item 6 · PDF p. 11); Athletic Republic: 7% (2026 FDD · Item 6 · PDF p. 11). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Adam & Eve or Athletic Republic?
    Adam & Eve: 107 (2026 FDD · Item 20 · PDF p. 46); Athletic Republic: 41 (2026 FDD · Item 20 · PDF p. 53). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Adam & Eve and Athletic Republic disclose financial performance (Item 19)?
    Adam & Eve has reviewed Item 19 figures for 2 location groups; Athletic Republic has reviewed Item 19 figures for 1 location group. 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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