Franchise FAQ

are 9round franchises profitable

by Kendrick Mills Published 1 year ago Updated 1 year ago
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How much does a 9Round franchise make?

What is a 9round franchise?

What does it mean to find the best franchise?

Are there any 9Round franchise opportunities near me?

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How much revenue does 9Round make?

Today, 9Round has become a global sensation and achieved more than $16 million in annual revenue last year alone.

How much does it cost to open a 9Round?

Total Investment: The total estimated initial investment required for a 9Round™ Franchise ranges from $94,175 – $196,775 depending on a number of factors. Initial Fees: Initial Franchise Fee: $5,000 to $37,500 (discounts for multiple locations)

How much do fitness franchise owners make?

According to Investopedia, most franchise owners take home around $50,000 per year, but about 7% of franchise owners earn more than $250,000 per year. You have to be aware of some fees and additional costs because these will quickly cut into your profit margins.

Is 9 round fitness a franchise?

Our turn-key The 9Round fitness franchise is a specialized fitness center dedicated to serving clients who want a unique, fun, and proven workout that guarantees results. Our turn-key business methods offer a blueprint for success. Fitness is a $30 billion industry.

Who owns 9 rounds?

Shannon “The Cannon” HudsonShannon “The Cannon” Hudson, founder and CEO of 9Round, has had more than 30 years of training in martial arts and is the IKF Light Middleweight Kickboxing Champion of the World.

Does kickboxing help lose belly fat?

Not only is kickboxing a high-intensity workout, but it is an effective way to reduce belly fat. Belly fat has been correlated with heart disease, diabetes, and other severe health conditions.

What is the most profitable franchise?

Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...

Which gym franchise is most profitable?

If you want to research the top fitness franchises, here's who made the Top 10 list in Entrepreneur's Franchise 500 for 2022:Crunch. ... Anytime Fitness. ... Burn Boot Camp. ... Club Pilates. ... The Exercise Coach. ... Pure Barre. ... 30 Minute Hit. Entrepreneur Franchise 500 Rank: 351st ... SPENGA. Entrepreneur Franchise 500 Rank: 380thMore items...•

Are anytime Fitnesses profitable?

The average Anytime Fitness location brings in about $441,116 in revenue per year, but a franchise owner can expect to make about $114,000 in profit after expenses.

How often should you do 9Round?

three days a weekStrong results require good discipline, which means showing up to crush it right on schedule. But that doesn't mean you have to work out every single day! At 9Round, we recommend starting out with just three days a week to help you build a new healthy fitness routine.

Is 9Round good for beginners?

If you're looking for a more affordable option or aren't interested in learning how to powerlift, 9Round is a good place to start. You may find that after a few months of training there, you've picked up enough that you can do the workouts at the gym on your own.

Is 9Round free?

Your first workout at 9Round is FREE! Click below and claim your free workout today. Get more incredible tips like these when you become a 9Round member today!

How do I cancel my 9Round membership?

You may cancel your 9Round Membership at any time....You must cancel your Membership through Your Account using the following steps:Log in to your Account;Click “My Account” at the top right corner;Click “Manage Subscriptions”; and.Select “Cancel Subscription.”

How much does a 9Round franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

What is a 9round franchise?

9Round franchises are mid- to upper-scale fitness centers that provide a quality trainer-led, full-body workout in a convenient 30-minute circuit format.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

Are there any 9Round franchise opportunities near me?

Based on 2020 FDD data, 9Round has franchise locations in 40 states. The largest region is the South with 278 franchise locations.

How much does a 9 round gym franchise cost?

The initial 9Round Fitness franchise fee is $24,000 and you will also be expected to make an on-going royalty fee of $449/month and then an Ad Royalty fee of $75/month. Veterans are also liable to get a 15% rebate off the initial franchise fee.

How much territorial influence does a 9 round fitness franchise have?

And your chances of making good revenue at your location is increased a 9Round Fitness will give a 5-mile territorial influence. No other franchise unit will be put in a close proximity with your unit.

How long is a 9 round fitness agreement?

WHAT IS 9ROUND FITNESS TERMS OF AGREEMENT. The initial period at which you will hold the licence for your franchise is 10 years. After which renewal can be made for another 10-year term if you are able to meet up with the company’s terms.

What is 9 round fitness?

9 Round Fitness is a specialized fitness and gym center that is dedicated to serving fitness enthusiasts who seek a unique, fun and well proven workout techniques that is guaranteed to deliver good results.

Where is 9round Fitness training?

The training will be held at the company’s facility in Greenville SC.

What is the goal of franchisees?

The goal of the company is to give franchisees the opportunity to experience the dream of owning a business that works and that has a proven model with a well designed plan of action.

How many franchises does a sandbox have?

The company began selling franchises in the year 2009, just 2 years after it opened its first location and since then, the company has grown into a franchise with about 600 locations spread across the United States.

How many members does 9round have?

As of December 31, 2015, the 9Round Center in Dilworth, North Carolina has 645 members, which is currently the highest in the System. The Center is 1,000 square feet in size and is located in a strip mall of a suburban area that contains numerous competitive businesses including fitness centers and other kickboxing and boxing clubs.

What is 9round gym?

9Round takes pride in its unique approach, highlighting nine different key sources of value that distinguish the chain from the rest of the fitness gym industry as highlighted on the company’s website: “1.) A fast, effective full-body workout in 30 minutes; 2.) Works every muscle, every time; 3.) A new station every 3 minutes to Get In Get Fit; 4.) No class times, equals no waiting; 5.) High-energy, motivating trainers included; 6.) Measurable results with heart rate technology; 7.) Workout changes every day, never boring; 8.) Burn up to 500 calories in 30 minutes; 9.) Virtual nutrition coach included.

How long was Shannon's workout?

Seeing an opportunity, he and his wife Heather took his in-ring workouts and modified them into a 30-minute, 9-station circuit workout supervised by personal trainers.

Section II – Estimated Costs

Please click here for detailed estimates of 9Round franchise costs, based on Item 7 of the company’s 2019 FDD.

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

Please click here for detailed information on 9Round’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2019 FDD.

Historic Membership Numbers as of December 31, 2018 for the 464 9Round Centers in Operation for the Full 12 Months of 2018

As of December 31, 2018, there were 770 9Round Centers operating in 16 countries. Of these 770 Centers, 583 were in the United States across 41 states. In the United States, 7 Centers are operated by the franchisor’s affiliates and 576 are franchised locations.

Who is the founder of 9round?

9Round was founded in 2007 by professional kickboxer Shannon Hudson, who won the IKF Light Middleweight Champion of the World title in 2011. 9Round gyms use boxing and kickboxing fitness training methods in a 30-minute circuit-training format. Customers move between 9 different workout stations while supervised by a personal trainer. Hudson began franchising the concept in 2009.

What is the franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

How long is a franchise agreement?

What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.

What is net worth?

What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.

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Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

How many locations are there in 9round?

With nearly 800 locations open and operating around the world, 9Round is one of the fastest growing fitness franchises in the world. 9Round is designed to help turn passionate people into business owners. Our turn-key business model provides systems and support for important pieces of running the business, including assistance with real estate selection, pre-opening and ongoing marketing, branded equipment, point of sale software, and a location-specific website built for attracting leads. Avenues of direct support include dedicated franchise business coaches for onboarding and ongoing support, initial and regional training sessions, email communication several times per month, and an annual convention. Become part of our award-winning franchise!

What is a 9 round?

9Round is a unique fitness franchise built around clients that are seeking a fun, convenient, full-body workout. 9Round offers a kickboxing-themed fitness program that incorporates functional, interval, cardiovascular, and circuit training regimens. If you love fitness and people, this franchise is the opportunity for you!

What are the values of a franchise?

To be successful, our franchisees must embody the company's four core values: love fitness, love people, love the brand, and KAIZEN (a commitment to continuous improvement). We're looking for franchisees that have keen business sense, excellent customer service skills, energy and enthusiasm, and the motivation to excel. Our ideal owner will pair our systems and support with smart business practices and hard work, to operate a successful location.

What is an in house onboarding coach?

In-House Onboarding Coach: We help you through the entire build-out process, including computerized layouts, build-out manuals, and more.

What to know about 9Round franchise?

R9Round is a fitness center for people who want an unique, fun, and proven workout that guarantees results, with multiple locations throughout the US and the world as well. It features a specialized program that is developed around a system of nine challenging circuit training stations, which incorporate boxing and kickboxing exercises.

How much does a 9Round franchise cost?

Are you wondering how much is a 9Round franchise? Before starting a 9Round franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

How many locations does 9round have?

With more than 700 locations in 17 countries around the world, 9Round is the undisputed leader in kickbox-fitness. We’re committed to the growth of our brand, and after 14 years of being in business, we’ve learned that top real estate must be a top priority so our studios can succeed. Typical 9Round studios occupy approximately 1500-1800 sq. ft. and thrive in retail shopping centers.

What is 9 round ownership?

Become a 9Round owner while maintaining your current job or occupation. This model creates a close partnership between owner and manager to create a successful club experience for members and potential return on investment for both owner and manager.

What is 9round fitness?

The 9Round fitness franchise is a specialized fitness center dedicated to serving clients who want a unique, fun, and proven workout that guarantees results. Our turn-key business methods offer a blueprint for success. Fitness is a $30 billion industry.

How long is the 9round training camp?

Four day Training Camp at 9Round World HQ to equip you with all the knowledge you need to run your 9Round club.

How much does a 9Round franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

What is a 9round franchise?

9Round franchises are mid- to upper-scale fitness centers that provide a quality trainer-led, full-body workout in a convenient 30-minute circuit format.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

Are there any 9Round franchise opportunities near me?

Based on 2020 FDD data, 9Round has franchise locations in 40 states. The largest region is the South with 278 franchise locations.

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