About Performance360 Franchise
Performance360 operates strength and conditioning gyms, offering a comprehensive fitness system focused on adult group, semi-private, and private training.
Franchisees provide individually designed fitness coaching techniques and exercise programs, emphasizing one-on-one coaching, nutritional guidance, supplements, and branded apparel.
The core of the Performance360 concept revolves around its three keystone training components: physique, strength,
Performance360 Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $49,000 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 0.5% of Gross Revenues (National Marketing Fund) | National brand fund |
| Total Investment Range | $247,650 – $410,500 | Includes build-out, inventory, working capital |
The investment range of $248K–$411K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Revenues) and marketing fee (0.5% of Gross Revenues (National Marketing Fund)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $49,000 | $49,000 |
| Facility Buildout | $50,000 | $138,000 |
| Equipment | $50,000 | $50,000 |
| Flooring | $15,000 | $25,000 |
| Security Deposit and 1st Month of Rent | $10,000 | $22,000 |
| Grand Opening Budget | $10,000 | $15,000 |
| Signage | $500 | $12,000 |
| Furniture and Fixtures | $3,500 | $5,000 |
| Inventory & Supplies | $3,000 | $3,500 |
| Business Permits | $0 | $1,000 |
| Utility Deposits | $250 | $1,000 |
| Professional Fees | $2,500 | $5,000 |
| Insurance | $1,400 | $4,000 |
| Pre-Opening In-Person Training | $2,500 | $5,000 |
| Operating Cash on Hand | $50,000 | $75,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of then-current Initial Franchise Fee |
| Renewal Fee | 25% of then-current Initial Franchise Fee |
| Technology Fee | $500 per month |
| Audit Fee | Underpayment amount plus 1.5% interest per month |
| Pre-Opening In Person Training | $2,500 - $5,000 |
| Local Advertising | Minimum $500 per month |
| Insurance | $1,400 - $4,000 per year |
| Music Licensing | $600 - $2,400 per year |
| Accounting Fee | $450 per month |
| Payroll Fee | $100 per month |
| Additional Training Assistance | $1,000 plus expenses on-site; $500 per day at headquarters |
| Relocation Fee | $2,500 |
| Late Fee | 10% of amount due |
| Renovation Business | Up to $25,000 every 3 years |
| Product and Vendor Assessment Fee | Minimum $1,000 |
| Prohibited Product or Service | $250 per day |
| Management Fee on Death or Disability | 10% of Gross Revenue plus costs and expenses |
| Interest on Late Payments | Lesser of 1.5% per month or maximum permitted by law |
| Document Preparation Fee | Actual costs and expenses |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2 days on-site plus online training program |
| On-the-Job Training | Day 1: approximately 5.5 hours; Day 2: approximately 7 hours |
| Training Location | On-site at franchisee's gym location, plus online training platform |
| Additional Training | Online video coursework with final exam required before opening. Series of one-on-one phone/video meetings. Ongoing training may be required at $500 per person per day at headquarters or $1,000 plus expenses at franchisee location. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Assigned zip code |
| Description | Designated Territory based on population density, demographics, and major topographical features with an assigned zip code. No other franchisees will be located in the assigned zip code. However, franchisor retains rights to operate outside territory regardless of proximity, sell through alternative channels including internet, conduct Merger/Acquisition Activity inside territory, and develop Special Sites (military bases, public transportation facilities, sports facilities, college campuses, special events) within territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two additional terms of 5 years each |
| Renewal Fee | 25% of then-current Initial Franchise Fee |
| Renewal Conditions | Written notice 6-12 months before expiration, sign then-current franchise agreement, comply with modernization requirements, not in default, if leasing have proof of possession through renewal, comply with training requirements, pay renewal fee, sign general release |
| Transfer Fee | 50% of then-current Initial Franchise Fee |
| Transfer Conditions | Transferee meets current requirements, transfer fee paid, all amounts owed paid, modernization completed, training completed, transferee signs then-current franchise agreement, guarantees signed, financial reports prepared, general release signed by transferor |
| Termination for Cause | 10 days to cure non-payment and non-submission of reports; 30 days to cure other defaults; immediate termination for non-curable defaults including misrepresentation, abandonment, loss of lease, unauthorized use of confidential information, insolvency, unauthorized transfer, criminal convictions, intentional underreporting |
| Non-Compete Period | 2 years after termination or expiration |
| Non-Compete Details | No direct or indirect involvement in a Competing Business (where 10% or more of sales include strength and conditioning) for 2 years at premises of former gym, within 25 miles of former gym, or within 25 miles of any other Performance360 gym |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Day-to-day operations must be managed by owner, Operating Partner, or a trained Head Coach. Owner must devote minimum 10 hours per week to managing the gym. If franchisee is a legal entity, must designate an Operating Partner who owns at least 30% equity and voting rights. Must attend annual meetings, conventions, and conferences at own expense. |
| Required Suppliers | Franchisees must purchase certain equipment, trademarked retail items, fitness products, supplies, apparel and accessories from franchisor or designated approved suppliers. Must use designated security camera system and Fit Radio for music licensing. Estimated 13.15% of purchases are from franchisor. |
| Supply Restrictions | All products, services, inventory, equipment, fixtures, furnishings, signs, advertising materials must be from approved suppliers. Product and vendor assessment fee of minimum $1,000 for unapproved products. Written approval required within 30 days for new suppliers. |
| Franchisor Revenue from Suppliers | Franchisor may derive income through markups and may receive license fees, promotional fees, advertising allowances, rebates from approved suppliers. No such revenues have been previously received as of FDD date. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Franchisor does not offer direct or indirect financing. Franchisor does not guarantee notes, leases, or obligations. Franchisor is on the Frandata Registry and the US SBA Franchise Directory to assist with SBA loan applications. |
Performance360 Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
Performance360 Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Performance360 System Growth
Performance360 currently operates 0 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 1 | 3 |
| 2021 | 0 | 0 | 3 |
| 2022 | 0 | 0 | 3 |
Transfers: 0 | 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)
Audited by Monis J. Siddiqui, CPA P.C. for year ending December 31.
Performance360 Franchise — FAQ
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