Franchise opportunities compared
F45 Training vs FS8 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.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Item 19 figures cover the location groups each FDD names (F45 Training: 6, FS8 Studio: 2). Different groups are not directly comparable.
| Disclosure |  F45 Training |  FS8 Studio |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $362,300 – $857,700 Total 2026 FDD · Item 7 · PDF p. 30 | $349,300 – $840,700 Total 2026 FDD · Item 7 · PDF p. 23 |
| Standard initial franchise fee (Item 5) | $60,000 A document preparation fee of up to $2,500 is also due at signing. 2026 FDD · Item 5 · PDF p. 19 | Not available No single standard fee identified |
| Royalty (Item 6) | Greater of 7% of Gross Sales or $2,500 per month Royalty Fee 2026 FDD · Item 6 · PDF p. 22 | Not available No reviewed royalty record |
| Brand / advertising fund (Item 6) | $200 Brand Fund — Up to 2% of Gross Sales, or $200 per month, whichever is higher 2026 FDD · Item 6 · PDF p. 22 | $200 Brand Fund — Up to 2% of Gross Sales, or $200 per month, whichever is higher 2026 FDD · Item 6 · PDF p. 14 |
| System scale & health | ||
| Total outlets (Item 20) | 709 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 68 | 30 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 63 |
| Net outlet change (Item 20) | −82 Calculated: 791 at end of 2023 → 709 at end of 2025 | +27 Calculated: 3 at end of 2023 → 30 at end of 2025 |
| Outlet exits (Item 20) | 72 Closures, terminations & non-renewals in 2024 · Calculated turnover 9.1% of outlets at start of year 2026 FDD · Item 20 · PDF p. 76 | Not available No complete exit records for a year |
| Franchising since (Item 1) | Began offering franchises in 2015 2026 FDD · Item 1 · PDF p. 8 | 2021 2026 FDD · Item 1 · PDF p. 8 |
| Franchisor founded (Item 1) | Incorporated in 2015 2026 FDD · Item 1 · PDF p. 8 | 2020 2026 FDD · Item 1 · PDF p. 8 |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | 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 | Franchised (7 locations) — revenue $442,119 mean Annual Gross Sales · 2026 FDD · Item 19 · PDF p. 60 Franchised (3 locations) — revenue $338,167 mean Annual Gross Sales · 2026 FDD · Item 19 · PDF p. 60 |
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.