About FARRELL'S EXTREME BODYSHAPING Franchise
Farrell's Extreme Bodyshaping is a group fitness franchise backed by Max Transformation Holdings, LLC that offers structured body transformation programs combining kickboxing, strength training, and nutrition education.
The brand began franchising under this entity in 2024, continuing the legacy of the Farrell's fitness concept with updated corporate ownership.
The franchise fee is $40,000.
FARRELL'S EXTREME BODYSHAPING Franchise Cost & Fees
Minimum Investment
$151K
Average Investment
$250K
Maximum Investment
$349K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | Greater of 7.5% of gross revenues or Monthly Minimum Royalty Fee ($600 for months 1-12, $1100 for months 12-120) of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1.5% of gross revenues or $200 per month, whichever is greater (National Brand Fund Fee). Local Advertising Deficiency Fee: 5% of gross revenues per month or $2,000 per month, whichever is greater. | National brand fund |
| Total Investment Range | $151,028 – $349,478 | Includes build-out, inventory, working capital |
The investment range of $151K–$349K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (Greater of 7.5% of gross revenues or Monthly Minimum Royalty Fee ($600 for months 1-12, $1100 for months 12-120)) and marketing fee (1.5% of gross revenues or $200 per month, whichever is greater (National Brand Fund Fee). Local Advertising Deficiency Fee: 5% of gross revenues per month or $2,000 per month, whichever is greater.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $40,000 | $40,000 |
| Training Fee | $15,000 | $15,000 |
| Opening Advertising Enrollment /First Three Months Local Advertising Expenditures | $27,000 | $27,000 |
| Computer Equipment | $6,000 | $7,500 |
| Pre-Registration Office | $0 | $5,000 |
| Grand Opening and Initial Inventory | $3,728 | $4,728 |
| Insurance | $500 | $2,000 |
| Signage | $6,000 | $18,000 |
| Equipment and Furnishings | $23,100 | $38,250 |
| Prepaid Rent and Security Deposit | $4,500 | $20,000 |
| Leasehold Improvements/Fit out | $7,500 | $115,000 |
| Utility Deposits | $1,000 | $2,000 |
| Licenses and Permits; Fictitious Name Registration and/or Incorporation and Legal Review | $1,500 | $5,000 |
| Initial Training; Travel, Lodging, Meals, etc. for Initial Training | $200 | $5,000 |
| Additional Funds | $15,000 | $45,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $20,000 |
| Renewal Fee | $20,000 |
| Technology Fee | $599 per month |
| Audit Fee | Cost of audit (if discrepancy of 2% or more) |
| Bookkeeping fee | $325 per month |
| ENE Fee | Currently $750/month |
| Additional Initial Training Fee | $500 per person |
| Annual Mandatory Conferences & Continuing Education | Currently $0, but up to our costs plus fifteen percent (15%) |
| Optional Franchisee Support & Training | Ranging from $80/hour to $500/day plus reimbursement of direct costs |
| Transfer Brokerage Fee | 20% of the sale price |
| Holdover Royalty Fee | 1 x the then-current Royalty Fee (double regular royalty) |
| Interest on Past Due Amounts | 12% per year or the highest amount allowed by applicable law |
| Costs and Attorneys’ Fees | Total amount of our costs and expenses |
| Alternative Supplier Request Fee | Currently $0; up to $500 plus all costs we incur |
| Trainer and Designated Manager Assistance Fee | Currently $2,500 for each request |
| Indemnification | Total losses and expenses incurred by us and our affiliates |
| Non-Compliance Fees | Up to $500 per incident |
| Taxes | Reimburse us for any taxes, fees or assessments imposed on us |
| Liquidated Damages | Equal to aggregate Royalty Fees and other Continuing Monthly Fees during 36 months preceding termination |
| Relocation/Franchisee Initiated Renovation Support & Approval Fee | $2,500 |
| Unapproved Product, Service or Vendor Penalty Fee | Currently, $250 per day until violation stops |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 12 days over two separate trips (classroom) plus onsite training. Total 40 hours. |
| Classroom Training | 40 hours |
| On-the-Job Training | 5 hours |
| Training Location | Monmouth County, New Jersey (classroom); franchisee's Studio or another designated location (onsite). |
| Additional Training | Additional training for required trainees who fail initial training costs $500 per person. Optional additional training and support services range from $80/hour to $500/day plus direct costs. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive, Protected |
| Exclusive Territory | No |
| Territory Size | Typically a two (2) mile drivable distance from the approved site, but can be less based on demographics. |
| Description | Franchisor will not establish or license another Studio under the FARRELL’S EXTREME BODYSHAPING® marks within the Approved Territory, with the exception of Studios in Special Venues. Franchisor retains unlimited right to establish Studios outside the Approved Territory and to compete through other channels of distribution or competitive brands. Territory size and boundaries are determined by franchisor discretion based on geographic area, population density, neighborhood character, competition, and other factors. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years from the Effective Date |
| Renewal Term | One additional term of 10 years or the length of your then-current lease term, whichever is shorter |
| Renewal Fee | $20,000 |
| Renewal Conditions | Must be in good standing, provide timely notice (6-12 months prior), pay then-current renewal fee, sign a new Franchise Agreement (potentially with different terms), sign a general release, and remodel/modernize the Studio to current standards. |
| Transfer Fee | $20,000 |
| Transfer Conditions | Proposed buyer must meet franchisor's criteria, all outstanding debts must be paid, all defaults cured, buyer may need to sign then-current franchise agreement and pay 50% of then-current Initial Franchise Fee plus training costs, buyer must complete initial training, Studio may need modernization, and a general release must be signed. |
| Termination for Cause | Franchisor can terminate for various defaults, including misuse of trademarks, engaging in unfavorable conduct, unauthorized use of marks, having an interest in a confusingly similar business, failure to provide required documents, unauthorized transfer, material misrepresentations, acting without prior approval, ceasing operations (with exceptions), failure to correct breaches after two requests, public health/safety threat, insolvency/bankruptcy, felony conviction, or maintaining false records. Non-payment of fees allows termination after 5 days' notice to cure. Other curable defaults allow termination after 30 days' notice to cure. |
| Non-Compete Period | During the term of the franchise: No competing business. After termination or expiration: 2 years. |
| Non-Compete Details | During the term, franchisee cannot directly or indirectly own, operate, or have an interest in any Competitive Business. After termination/expiration, for 2 years, franchisee cannot directly or indirectly participate in any Competitive Business (a) at the Studio location, (b) within 10 miles of current location, (c) within 10 miles of another Studio, or (d) within New Jersey. Also, no involvement with a franchise system offering competing businesses in the US for 2 years. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | Franchisor strongly recommends, but does not require, personal supervision. A Designated Manager, who has completed Initial Training and is FXB Certified, must be on-site whenever the Studio is open for business, working a minimum of 30 hours per week. |
| Required Suppliers | Franchisor designates or approves suppliers for certain items, products, services, signs, furnishings, supplies, fixtures, equipment, technology and support services, in-house digital marketing services (ENE), and bookkeeping services. |
| Supply Restrictions | Franchisor has the absolute right to limit suppliers, designate one supplier for any item or service, and prohibit offering unapproved products or services. Franchisor and its affiliates may be sole approved suppliers and derive revenue from sales to franchisees. |
| Franchisor Revenue from Suppliers | Franchisor and its affiliates may make a profit and derive material consideration on the sale of products/services, including through mark-ups. Unaffiliated suppliers pay rebates ranging from 5% to 25% of revenue from franchisee purchases (equipment, signage, flooring, apparel, telephone, payroll services). No revenue derived from required franchisee purchases in fiscal year ended December 31, 2023. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
FARRELL'S EXTREME BODYSHAPING Franchise Earnings — Item 19
FARRELL'S EXTREME BODYSHAPING does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
FARRELL'S EXTREME BODYSHAPING does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
FARRELL'S EXTREME BODYSHAPING Litigation & Risk Flags
Clean Litigation RecordFARRELL'S EXTREME BODYSHAPING has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
FARRELL'S EXTREME BODYSHAPING System Growth
Total Units
47
Franchised
46
Company-Owned
1
FARRELL'S EXTREME BODYSHAPING currently operates 46 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 1 | 1 | 55 |
| 2022 | 1 | 6 | 50 |
| 2023 | 1 | 5 | 46 |
Transfers: 15 | Closures: 11
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$1.9M
Net Income
$-22,744
Total Assets
$727K
Audited by Citrin Cooperman & Company, LLP for year ending December 31.
FARRELL'S EXTREME BODYSHAPING Franchise — FAQ
The total investment to open a FARRELL'S EXTREME BODYSHAPING franchise ranges from $151,028 to $349,478, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
FARRELL'S EXTREME BODYSHAPING charges a royalty fee of Greater of 7.5% of gross revenues or Monthly Minimum Royalty Fee ($600 for months 1-12, $1100 for months 12-120) of gross sales, plus a 1.5% of gross revenues or $200 per month, whichever is greater (National Brand Fund Fee). Local Advertising Deficiency Fee: 5% of gross revenues per month or $2,000 per month, whichever is greater. contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the FARRELL'S EXTREME BODYSHAPING Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from FARRELL'S EXTREME BODYSHAPING to ensure you have the most up-to-date version.
FARRELL'S EXTREME BODYSHAPING does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
FARRELL'S EXTREME BODYSHAPING has been franchising since 2024. The FDD shows an investment range of $151,028-$349,478, a Greater of 7.5% of gross revenues or Monthly Minimum Royalty Fee ($600 for months 1-12, $1100 for months 12-120) royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $40,000 and the total investment ranges from $151,028 to $349,478 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from FARRELL'S EXTREME BODYSHAPING and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with FARRELL'S EXTREME BODYSHAPING or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com