F45 Training
Source filing: WI · filed 2026-04-02
Item 5 — Initial franchise fee
Not disclosed
Item 6 — Recurring fees (royalty & advertising)
| Royalty Fee | The greater of 7% of Gross Sales(2) or $2,500 per month [p.22 · WI · 2026-04-02] |
|---|---|
| Brand Fund | Up to 2% of Gross Sales, or $200 per month, whichever is higher [p.22 · WI · 2026-04-02] |
| Local Cooperative Advertising (“Co-op”) | As determined by Co-op; currently, there are no Co- ops [p.22 · WI · 2026-04-02] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$362,300 [p.30 · WI · 2026-04-02] – $857,700 [p.30 · WI · 2026-04-02]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 751 [p.68 · WI · 2026-04-02] |
|---|---|
| Franchised outlets at end of year | 707 [p.68 · WI · 2026-04-02] |
| Net change in franchised outlets | -44 [p.68 · WI · 2026-04-02] |
| Transfers | 68 [p.71 · WI · 2026-04-02] |
| Terminations | 54 [p.76 · WI · 2026-04-02] |
| Non-renewals | 13 [p.76 · WI · 2026-04-02] |
| Ceased operations (other) | 2 [p.76 · WI · 2026-04-02] |
| Company-owned outlets at end of year | 2 [p.68 · WI · 2026-04-02] |
Item 19 — Financial performance representation
Headline cohort
All franchised F45 Studios open at least 12 months as of February 28, 2026 - Annual Gross Sales for 12 months ended February 28, 2026 · March 1, 2025 through February 28, 2026
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 676 [p.65 · WI · 2026-04-02] | $480,832 [p.65 · WI · 2026-04-02] | $429,222 [p.65 · WI · 2026-04-02] | $1,879,753 [p.65 · WI · 2026-04-02] | $114,491 [p.65 · WI · 2026-04-02] |
All disclosed cohorts (8)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| All franchised F45 Studios open at least 12 months as of February 28, 2026 - Annual Gross Sales for 12 months ended February 28, 2026 March 1, 2025 through February 28, 2026 |
676 [p.65 · WI · 2026-04-02] | $480,832 [p.65 · WI · 2026-04-02] | $429,222 [p.65 · WI · 2026-04-02] | $1,879,753 [p.65 · WI · 2026-04-02] | $114,491 [p.65 · WI · 2026-04-02] |
| Top third of franchised F45 Studios - Annual Gross Sales for 12 months ended February 28, 2026 March 1, 2025 through February 28, 2026 |
225 [p.65 · WI · 2026-04-02] | $724,472 [p.65 · WI · 2026-04-02] | $664,083 [p.65 · WI · 2026-04-02] | $1,879,753 [p.65 · WI · 2026-04-02] | $530,851 [p.65 · WI · 2026-04-02] |
| Middle third of franchised F45 Studios - Annual Gross Sales for 12 months ended February 28, 2026 March 1, 2025 through February 28, 2026 |
225 [p.65 · WI · 2026-04-02] | $437,219 [p.65 · WI · 2026-04-02] | $429,418 [p.65 · WI · 2026-04-02] | $530,851 [p.65 · WI · 2026-04-02] | $355,990 [p.65 · WI · 2026-04-02] |
| Bottom third of franchised F45 Studios - Annual Gross Sales for 12 months ended February 28, 2026 March 1, 2025 through February 28, 2026 |
226 [p.65 · WI · 2026-04-02] | $281,691 [p.65 · WI · 2026-04-02] | $296,826 [p.65 · WI · 2026-04-02] | $355,990 [p.65 · WI · 2026-04-02] | $114,491 [p.65 · WI · 2026-04-02] |
| All franchised F45 Studios open at least 12 months as of February 28, 2026 - Monthly Gross Sales for March 2025 to February 2026 March 1, 2025 through February 28, 2026 non-annual metric (not annualized) |
676 [p.65 · WI · 2026-04-02] | $40,069 [p.65 · WI · 2026-04-02] | $35,769 [p.65 · WI · 2026-04-02] | $156,646 [p.65 · WI · 2026-04-02] | $9,541 [p.65 · WI · 2026-04-02] |
| Top third of franchised F45 Studios - Monthly Gross Sales for March 2025 to February 2026 March 1, 2025 through February 28, 2026 non-annual metric (not annualized) |
225 [p.65 · WI · 2026-04-02] | $60,373 [p.65 · WI · 2026-04-02] | $55,340 [p.65 · WI · 2026-04-02] | $156,646 [p.65 · WI · 2026-04-02] | $44,238 [p.65 · WI · 2026-04-02] |
| Middle third of franchised F45 Studios - Monthly Gross Sales for March 2025 to February 2026 March 1, 2025 through February 28, 2026 non-annual metric (not annualized) |
225 [p.65 · WI · 2026-04-02] | $36,435 [p.65 · WI · 2026-04-02] | $35,785 [p.65 · WI · 2026-04-02] | $44,238 [p.65 · WI · 2026-04-02] | $29,666 [p.65 · WI · 2026-04-02] |
| Bottom third of franchised F45 Studios - Monthly Gross Sales for March 2025 to February 2026 March 1, 2025 through February 28, 2026 non-annual metric (not annualized) |
226 [p.65 · WI · 2026-04-02] | $23,474 [p.65 · WI · 2026-04-02] | $24,736 [p.65 · WI · 2026-04-02] | $29,666 [p.65 · WI · 2026-04-02] | $9,541 [p.65 · WI · 2026-04-02] |
“Some outlets have earned this amount. Your individual results may differ. There is no assurance that you'll earn as much.” [p.67 · WI · 2026-04-02]
Extraction notes
- A non-annual Item 19 metric was excluded from headline consideration; it is labeled, never annualized.