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Fitness Premier Franchise

Fitness Premier is a full service gym franchise that combines modern fitness equipment, group classes, and personal training in a welcoming, community focused environment. The brand has been franchising since 2017, building a network of…

Total Investment
$280K$575K
Franchise Fee
$39,999.00
Royalty Rate
6% of monthly Gross Sales Gross Sales
Total Units
14
Franchising Since
2017

🌻About Fitness Premier Franchise

Fitness Premier is a full service gym franchise that combines modern fitness equipment, group classes, and personal training in a welcoming, community focused environment.

The brand has been franchising since 2017, building a network of gyms that offer a premium fitness experience without the premium price tag.

The franchise fee is $39,999.

💰Fitness Premier Franchise Cost & Fees

Minimum Investment
$280K
Average Investment
$428K
Maximum Investment
$575K
Fee TypeAmountNotes
Initial Franchise Fee$39,999.00One-time payment upon signing
Royalty Fee6% of monthly Gross Sales of gross salesOngoing; paid monthly
Marketing/Ad Fund4% of Monthly Gross SalesNational brand fund
Total Investment Range$279,849$575,499Includes build-out, inventory, working capital

The investment range of $280K–$575K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of monthly Gross Sales) and marketing fee (4% of Monthly Gross Sales) are ongoing costs paid as a percentage of gross sales.

📋Investment Breakdown (Item 7)

ItemLowHigh
Initial Franchise Fee (See Note 2)$39,999$39,999
Leasehold Improvements (See Note 3)$50,000$225,000
Lease (See Note 3)$3,000$10,000
Lease of Fitness & Hydro Equipment (See Note 4)$150,000$225,000
Marketing Materials and Supplies$5,000$10,000
Business cards, start-up media kits$250$1,500
Initial Promotional Advertising Expenses (See Note 5)$10,000$15,000
Initial Training- Travel, Lodging, Meal Expenses, etc. (See Note 6)$2,000$5,000
Insurance (See Note 7)$1,000$3,000
Computer System and POS System (See Note 8)$2,500$10,000
Licenses and Permits$100$1,000
Professional Fees, Startup Assistance$1,000$5,000
Additional Funds- 3 to 6 month estimate (See Note 9)$15,000$25,000

💵Additional Fees (Item 6)

Fee TypeAmount
Transfer Fee$10,000
Renewal Fee50% of the then-current Initial Franchise Fee.
Technology Fee$1,101 per month
Audit FeeCost of audit charges
National Marketing Fund1% of Monthly Gross Sales; not currently assessed
Regional Advertising Fund3% of Monthly Gross Sales; not currently assessed
Additional Training$75 to $250 per person/per day
Relocation Fee$2,500
Continued Assistance Fee$3,150 per month for FP Club Model; $1,250 per month for Fit Wave Model
Business Consulting Services Fee$75 per hour
Lost Manual Fee$200 per Manual
Late Fee$100 per day
Insufficient Fund Fees$25 plus reimbursement of any costs
InterestThe lesser of the daily equivalent of 18% per annum of any overdue amount per year, or the highest rate then permitted by applicable law
IndemnificationVaries depending upon the circumstances
Costs and Attorneys’ FeesVaries depending upon the circumstances

🎓Training Program (Item 11)

DetailInformation
Total DurationAt least five (5) days of initial training, plus weekly management training for the first six (6) months.
Classroom Training22
On-the-Job Training18
Training LocationFranchisor’s principal place of business or another designated location (Manhattan, IL)
Additional TrainingOngoing online training and/or mandatory additional in-person training, including for new managers, with fees ranging from $75.00 to $250.00 per person, per day.

📍Territory Rights (Item 12)

DetailInformation
Territory TypeProtected
Exclusive TerritoryYes
Territory Sizetwo and a half (2.5) mile radius
DescriptionA two and a half (2.5) mile radius surrounding your Approved Business Location. Continuation of rights is dependent on achieving minimum annual Gross Sales of $250,000.00 after the first fiscal year.

📄Renewal, Termination & Transfer (Item 17)

DetailInformation
Initial Term10 years
Renewal Termadditional 10-year period
Renewal Fee50% of the then-current Initial Franchise Fee.
Renewal ConditionsProvide 12 months' written notice, not in default, paid all monetary obligations, completed all required additional training, sign then-current standard Franchise Agreement, and pay renewal fee.
Transfer Fee$10,000.00
Transfer ConditionsFranchisee must first notify Franchisor of proposed transfer, transferee must meet current standards, transferee executes then-current Franchise Agreement, transferee completes Initial Training Program, Franchisee pays all amounts due and cures all breaches, Franchisee complied with all material obligations, Franchisee signs a general release, and Franchisee or transferee pays the transfer fee.
Termination for CauseFailure to select/open site within specified times, materially false statements, abandonment of business, selling unauthorized products/services, unauthorized use of Marks, disclosure of Confidential Information, violation of in-term non-compete, violation of transfer provisions, failure to comply with laws, failure to meet Minimum Performance Standard, more than 3 valid default notices in 12 months, conviction of felony/moral turpitude, engaging in unfavorable conduct, or bankruptcy related events.
Non-Compete Period3 years
Non-Compete DetailsDuring the term of the franchise and for 3 years post-termination/expiration, franchisee, owners, officers, directors, and guarantors may not directly or indirectly engage in any competitive business (fitness, personal training, nutrition, or similar services) at the Approved Business Location or within the Franchisee's Territory.

Operations & Supply (Items 8 & 15)

DetailInformation
Owner-Operator RequiredYes
Participation DetailsYou are required to faithfully, honestly, and diligently perform your contractual obligations, fully exploit your Franchise Agreement rights, and devote your time and best efforts to the operation, promotion and enhancement of your Franchised Business at all times during the term of the Franchise Agreement. The Franchised Business shall only be operated by you and/or your Manager who have completed the Initial Training Program to our satisfaction.
Required SuppliersPremier Total Solutions (back-end office support), Nitty Gritty (marketing materials and apparel), SWETI (marketing services), True Fitness and Life Fitness (equipment), RetterTEK (computer systems and IT services), ABC Financial (CRM system).
Supply RestrictionsYou must purchase all products necessary for the operation of the Franchised Business from distributors and suppliers designated and approved by us. Franchisor reserves the right to deny or revoke approval of any supplier at any time and for any reason. Franchisees may request approval for new suppliers, subject to franchisor's evaluation and approval.
Franchisor Revenue from Suppliers$46,426.52

🏦Financing (Item 10)

DetailInformation
Financing AvailableNo
DescriptionWe do not offer direct or indirect financing. We do not guarantee your note, lease or obligations.

📊Fitness Premier Franchise Earnings — Item 19

Average Revenue
$491K
Median Revenue
$461K
Revenue Range
$190K$887K
Sample Size
7 units

Past financial performance does not guarantee future results. Individual results will vary.

Fitness Premier Litigation & Risk Flags

Clean Litigation RecordFitness Premier 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.

📈Fitness Premier System Growth

Total Units
14
Franchised
12
Company-Owned
2

Fitness Premier currently operates 12 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.

📅Unit History (Item 20)

YearOpenedClosedTotal
2018307
2019328
2020109
20214112

Transfers: 1 | Closures: 1

🇧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
$612K
Net Income
$301K
Total Assets
$151K

Audited by Hearne & Associates, P.C. for year ending December 31.

Fitness Premier Franchise — FAQ

The total investment to open a Fitness Premier franchise ranges from $279,849 to $575,499, per their Franchise Disclosure Document. This includes the initial franchise fee of $39,999.00. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Fitness Premier charges a royalty fee of 6% of monthly Gross Sales of gross sales, plus a 4% of Monthly Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Fitness Premier 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 Fitness Premier to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Fitness Premier franchise owners report average revenue of $491K and median revenue of $461K. This is based on a sample of 7 units. Past performance does not guarantee future results.
Fitness Premier has been franchising since 2017. The FDD shows an investment range of $279,849-$575,499, a 6% of monthly Gross Sales royalty, and includes an 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 $39,999.00 and the total investment ranges from $279,849 to $575,499 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.

Interested in Fitness Premier?

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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 Fitness Premier and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Fitness Premier or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com
Fitness Premier
Total Investment
$280K$575K
💰 Costs & Fees
Franchise Fee$39,999.00
Royalty6% of monthly Gross Sales
Marketing Fee4% of Monthly Gross Sales
FinancingNot Available
🏢 System Overview
Total Units14
Franchising Since2017
Earnings Claim (Item 19)Yes
📄 Contract Terms
Initial Term10 years
Renewal Termadditional 10-year period
TerritoryProtected
Owner-OperatorRequired
⚖️ Legal & Risk
Pending LitigationClean
Bankruptcy HistoryNone
Download the Full Fitness Premier FDD
2024 · Public Registry Document
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