• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Menu
  • Home
  • About
    • About Franchise Chatter
    • Contact
    • Privacy Policy
    • Terms of Service
    • Affiliate Disclosures
  • Subscribers Hub
    • Login
    • New to Franchise Chatter? Start Here
    • America’s Most Lucrative Franchises
    • Franchises Ranked by Average Revenues
    • Franchises Ranked by Average Profits
    • Franchise Winners, Survivors and Losers Last Year
    • FDD Talk
    • Search by Name
  • Top Franchises
  • Franchise Earnings
  • Costs
  • Fees
  • Quiz
  • Search

Franchise Costs: Detailed Estimates of Fitness Together Franchise Costs (2018 FDD)

Last updated on February 18, 2019 by Franchise Chatter Leave a Comment
in Fitness Franchises, Franchise Costs

Fitness Together Photo by Oca Comunicacao



Learn Which Franchises Can Make You Rich

Updated February 18, 2019.

Detailed Estimates of Fitness Together Franchise Costs Based on Item 7 (Estimated Initial Investment) of Fitness Together’s 2018 Franchise Disclosure Document

  • Fitness Together offers franchises for the operation of personal fitness training studios under the name Fitness Together, which provide individualized one-on-one and small group personal fitness training, a nutrition program, and other related products and services.

1.  Initial Franchise Fee:  $39,900

  • Unless you are signing a Franchise Agreement under an Area Development Agreement, when you sign a Franchise Agreement to develop a single Studio, you must pay Fitness Together an Initial Franchise Fee of $39,900.
  • You must pay the Initial Franchise Fee as a lump sum by wire transfer. The Initial Franchise Fee is fully earned by Fitness Together when paid by you.

2.  Real Property and Utility Security Deposits:  $2,250 to $3,600


🔐The Very Best of Franchise Chatter



America’s Most Lucrative Franchises


Franchises Ranked by Average Sales & Profits


Franchise Winners, Survivors & Losers


✅ Subscribe Now or ✅ Log In


  • If you do not own retail space adequate to open your Studio, you must lease or rent the retail space from a third party. Studios are typically located in light industrial and commercial areas, and require approximately 1,200 to 1,500 square feet.
  • Estimated monthly lease payments range from $2,000 to $3,100 (including common area maintenance payments) depending on the size, condition, and location of the leased premises.
  • Your landlord may require a security deposit before leasing the premises to you, which is typically equal to 1 month’s rent.
  • Some utility companies also may require a security deposit before commencing services. The franchisor estimates the total amount of utility security deposits to range from approximately $250 to $500.

3.  Leasehold Improvements (net of landlord tenant allowances):  $42,000 to $67,500

  • Typically, costs are higher in large metropolitan areas or if you choose premises with square footage in excess of the high range of 1,500 square feet.
  • The range disclosed in the chart includes the construction management fee you must pay Fitness Together in the event it approves an exception to the requirement that you use one of its Approved Suppliers for construction.
  • The range disclosed in the chart is the range of costs after deducting any landlord allowances (tenant improvements, rent deduction, and the like), which may or may not be granted by your landlord.

4.  Equipment:  $20,200 to $25,400

  • You must purchase from the franchisor’s Approved Suppliers specific fitness training equipment for the operation of the Studio as detailed in the Operations Manual. The range of estimated costs represents the equipment recommended for an open concept Studio and a 3-room Studio.

5.  Furniture and Decor:  $4,900 to $5,700

  • You must purchase from the franchisor’s Approved Supplier furniture and fixtures for your Studio as specified in the Operations Manual or otherwise. The cost will depend on supplier financing terms (if available), the brands purchased, the quality of the items purchased, and other factors.

6.  Computer Hardware and Software:  $5,300 to $6,100

  • Before opening your Studio, the franchisor typically requires you to purchase 1 computer workstation and related equipment and the franchisor’s designated and other software programs. Your minimum requirements for these items are designated in the Operations Manual.
  • You must pay the franchisor a $499 set-up fee for the set-up of certain required software programs and the technology fee for the 2 months before opening ($405 per month), each of which is included in the estimate range stated in the Table.

7.  Initial Training:  $1,350 to $2,700 (travel, meals, lodging, and other expenses)


🎯Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool)



🚀How to Find, Vet & FUND a Good Franchise. Watch Our Webinar Live or the Recording Later (Register Now – It's Free)



💵How Much Franchise Can You AFFORD? Use Our Free Financial Calculator


  • You must pay your own transportation, meals, lodging, and any other living expenses for you and any other persons attending the Initial Training.
  • The estimate contemplates attendance by you and 2 other people traveling to Fitness Together’s Support Center office in Colorado for approximately 5 days.
  • The estimates do not include any wages or salary you may choose to pay yourself or others while attending Initial Training.

8.  Grand Opening Spend Fee:  $15,000

  • No later than 10 days after the date that you sign an approved lease for your Studio premises (or 10 days after the date you purchase an existing Studio), you must pay to Fitness Together the Grand Opening Spend Fee of $15,000 by ACH.
  • The Grand Opening Spend Fee is in addition to your Local Marketing Spend Requirement.
  • Fitness Together will use the Grand Opening Spend Fee to advertise, market, and promote your Studio in accordance with a marketing plan that it determines in its sole discretion.
  • Fitness Together may require you to spend the Grand Opening Spend Fee directly (rather than pay it the Grand Opening Spend Fee), and if it so requests, you will advertise, market, and promote your Studio in accordance with an advertising and marketing plan it approves before the opening of your Studio.

9.  Signs:  $4,000 to $8,000

  • The estimate includes the franchisor’s required interior signs and 1 exterior sign which bear the Marks. The cost of the signs varies depending on the type, size, and location of the sign, and may also be affected by shipping costs, as well as local zoning and other ordinances and regulations and landlord restrictions.

10.  Business Licenses and Permits:  $100 to $1,000

  • The cost includes the licenses and permits required to operate a Studio in your location. The license and permit requirements are specific to the state and city/town in which your Studio is located.
  • Certain states may require that you file and post a bond, the estimated cost of which is not included in the table.

11.  Insurance:  $800 to $900

  • You must obtain insurance coverage from Fitness Together’s Approved Supplier with the limits required by the franchisor as described in Item 8 of the Disclosure Document. Your landlord may require additional insurance.
  • The estimate shown in the table reflects the initial 20% payment, which you will pay before your Studio opens. However, franchisees have the option of paying the entire annual premium up front. If you elect to pay your entire annual insurance premium up front, these figures will be higher.

12.  Miscellaneous Opening Costs:  $300 to $1,000

  • This cost includes other start-up costs and expenses (including reasonable pre-opening salary for your employees) but does not include any advisor fees or bank financing costs you may incur.

13.  Additional Funds (3 months):  $10,900 to $15,600

  • The range of estimated costs represents your estimated initial start up expenses (other than the amounts separately identified in the table), which include payroll costs (excluding a draw or salary for you or your manager if you are not the manager), lease payments, marketing expenses, uniform expenses, the costs of supplies, and other operating expenses.
  • The 3-month period is not intended, and should not be interpreted, to identify a point at which your Studio will break even.

14.  Total Estimated Initial Investment:  $147,000 to $192,400

  • The franchisor relied on its and its affiliates’ many years of business experience in selling and supporting Fitness Together and Elements franchises to compile these estimates.

🎯Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool)



🚀How to Find, Vet & FUND a Good Franchise. Watch Our Webinar Live or the Recording Later (Register Now – It's Free)



💵How Much Franchise Can You AFFORD? Use Our Free Financial Calculator













🎯Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool)



🚀How to Find, Vet & FUND a Good Franchise. Watch Our Webinar Live or the Recording Later (Register Now – It's Free)



💵How Much Franchise Can You AFFORD? Use Our Free Financial Calculator


Tagged as: Fitness Together

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous post: FDD Talk: Actual Net Sales from Happy Joe's Menu Items at a Licensed Restaurant (2013 FDD)

Next post: FDD Talk: Retail Value of Purchases from Merle Norman Cosmetics for New Design Studios (2013 FDD)

Primary Sidebar

Subscribe Now

⚠️Buying a Franchise on Your Own Can Be Overwhelming

✅ Get the guidance and support you need throughout the franchise research process from an experienced franchise broker at no cost to you.

✅ Fill out this form and a specialist from the Franchise Brokers Association will reach out to you.

🚀How to Find, Vet and FUND a Good Franchise (Webinar)

✅ Is Franchising a Path for You? – Dec. 15 (Fri.), 11 a.m. EST

✅ Solid, Steady Recurring Revenue – Dec. 19 (Tues.), 4 p.m. EST

✅ Register Now to Get Free Access to Recordings of Both Webinars

Register Now

⭐️Franchise Chatter is reader-supported. We may receive a commission for leads generated from affiliate links and banners on our site.

As seen in:  New York Times, Bloomberg Businessweek, and CNBC

Login

Remember Me
Register | Lost your Password?
Reminder: Your username and password are case-sensitive.

Need help? Email franchisechatterblog@gmail.com

👍”Your website and you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful.” (David F., subscriber)

🏆Top Franchises by Industry

Top Franchises by Industry (All Lists)

Top Gym/Fitness Franchises (2024)

Top Pizza Franchises (2024)

Top Sandwich Franchises (2024)

Top Childcare Franchises (2024)

Top Ice Cream Franchises (2024)

Top Coffee Franchises (2024)

Best Hamburger Franchises

Best Salon and Beauty Franchises

Best Chicken Franchises

Best Smoothie and Juice Franchises

Best Maid Service Franchises

Best Mexican Restaurant Franchises

Best Massage Service Franchises

Best Tutoring Franchises

Best Auto Repair Franchises

Best Auto Oil Change Franchises

Best Asian Restaurant Franchises

Best Pet Franchises

Best Commercial Cleaning Franchises

Best Sports Bar Franchises

Best Baked Goods Franchises

Best Moving/Junk Removal Franchises

Best Mailbox Franchises

Best Apparel Retail Franchises

Best Senior Care Franchises

Best Restoration Franchises

Best Tech Franchises

Best Travel Agency Franchises

Best Trampoline Park Franchises

Best Tools Distribution Franchises

Best Property Management Franchises

Best Real Estate Franchises

Best Flooring Franchises

Best Acai Bowl Franchises

Best Poké Bowl Franchises

Best Donut Franchises

Best Kitchen and Bath Remodeling Franchises

Best Window Covering Franchises

Best Plumbing Franchises

Best Home Inspection Franchises

Best Garage Franchises

Best Barbershop Franchises

Best Laundromat Franchises

Best Storage Unit Franchises

Best Car Wash Service Franchises

🚀Daily FDD Talk Posts

Maaco Franchise

360 Painting Franchise

Superior Fence & Rail Franchise

Crushr Franchise

Pearle Vision Franchise

The Designery Franchise

PuroClean Franchise

Wingstop Franchise

Nothing Bundt Cakes Franchise

MaidPro Franchise

Farrell’s eXtreme Bodyshaping Franchise

Nékter Juice Bar Franchise

Jeremiah’s Italian Ice Franchise

CycleBar Franchise

My Salon Suite Franchise

Crumbl Cookies Franchise

Charleys Philly Steaks Franchise

The Learning Experience Franchise

Floor Coverings International Franchise

BFT Franchise

Mosquito Squad Franchise

M14 Hoops Franchise

Restore Hyper Wellness Franchise

Hello Garage Franchise

4Ever Young Anti Aging Solutions Franchise

Any Lab Test Now Franchise

Fresh Coat Painters Franchise

Home Instead Senior Care Franchise

Maid Brigade Franchise

Pure Barre Franchise

Rainbow Restoration Franchise

Goosehead Insurance Franchise

Cinnabon Franchise

Buffalo Wild Wings Franchise

Molly Maid Franchise

Outdoor Lighting Perspectives Franchise

The Grounds Guys Franchise

Stretch Zone Franchise

Card My Yard Franchise

Oxi Fresh Carpet Cleaning Franchise

101 Mobility Franchise

Massage Heights Franchise

The Junkluggers Franchise

The UPS Store Franchise

Jan-Pro Regional Developer Franchise

Code Wiz Franchise

Pizza Hut Franchise

TITLE Boxing Club Franchise

Hand & Stone Massage and Facial Spa Franchise

Kitchen Tune-Up Franchise

The Brothers That Just Do Gutters Franchise

Chem-Dry Franchise

Blo Blow Dry Bar Franchise

Bar-B-Clean Franchise

Retro Fitness Franchise

Fleet Clean Franchise

Häagen-Dazs Franchise

Fish Window Cleaning Franchise

Amazing Lash Studio Franchise

MilkShake Factory Franchise

Snap Fitness Franchise

Franchise Chatter © 2023