Is
F45 Training
a franchise?
How many
F45 Training
franchises
are there?
What are the
F45 Training
franchise
fees?
Initial Franchise Fee
The Initial Franchise Fee for each Territory is $50,000. This fee is payable on the date of the agreement and can be made via bank check or direct transfer through electronic funds transfer.
Monthly Franchise Fee (Royalty Fee)
The Monthly Franchise Fee, which can also be considered as the royalty fee, is $1,500 per month for each Premises operated by the Franchisee within a Territory. The Franchisee must pay for a minimum of 1 Premises in each Territory, per month.
This fee is due on the day the Franchisee commences operating the Franchise Business and then on the first day of each calendar month during the term, paid in advance.
Note: The fees presented here can be found in the Item 5 of the Franchise Disclosure Document. For a complete list of all the fees borne by the franchisee, please consult the Franchise Disclosure Document.
How much does
it cost
to start a
F45 Training
franchise?
Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.
Does
F45 Training
provide
training
to its
franchisees?
Initial Training Program
Before opening the franchise business, F45 Training provides an initial training program. This program is essential for both the franchisee and the Key Person. They must complete this training to the satisfaction of F45 Training within 2 months after signing the franchise agreement.
If not completed satisfactorily within this timeframe, F45 Training reserves the right to terminate the franchise agreement. The training is typically scheduled on a weekly basis, subject to demand.
The agenda for the initial training program includes:
- Study of Operations Manual: This involves 10 hours of classroom training at home.
- Shadow Training: This training takes place in Las Vegas and spans 20 hours.
- Conducting Classes: This training can be conducted either in Las Vegas or another mutually agreed location. It also lasts for 20 hours.
The total duration for the initial training program is 40 hours. While there is no fee charged by F45 Training for this initial training program, franchisees are responsible for covering the costs of travel, lodging, meals, and compensation for themselves and their employees during the training.
Does
F45 Training
provides
territory
protection?
F45 Training does provide territory protection to its franchisees, ensuring that they have exclusive rights to operate within their designated Territory without competition from other F45 Training franchises.
Can a
F45 Training
franchise
be run as
a passive
investment?
The franchise cannot be run purely as a passive investment since active involvement is required to ensure the proper conduct of the business.
