How much revenue does 9Round make? How much do fitness franchise owners make? Yes, fitness franchises offer great profits but not as much as you might think. 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....
Full Answer
What is 9round fitness franchise?
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. The 30-minute circuit training concept allows members to work out, even with a busy schedule.
How do I become a 9round owner?
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. Own and operate your own 9Round club.
Who owns 9round 30 min Kickbox?
Heather met Shannon at the karate studio he owned when she landed a job there. In what she describes as a “whirlwind,” they fell in love, got married, and started a kickboxing franchise together, making Shannon and Heather Hudson co-founders of 9Round 30 Min Kickbox Fitness. He serves as CEO and she serves as COO.
How much does it cost to open a franchise?
Not all franchises in this sector earn millions but some do - up to $1,500,000. So you can potentially generate the same revenue as a Taco Bell Franchise, 1.6 million per year, with a much lower investment - a Taco Bell franchise will cost about 1.6 million to open, a senior care franchise is around 100-150K.
What does absentee ownership mean?
What is the franchise fee?
How long is a franchise agreement?
What is included in the initial investment?
What is exclusive territory?
What is a military discount?
What is net worth?
See 4 more
About this website
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 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 rounds 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.
Are Orangetheory franchises profitable?
Estimated Average Franchise Revenue: $517,000 1- Based on a midpoint investment of $1,378,500 with estimated profits of $51,800 (10% profit margin) it would take about 27 years to recoup your investment.
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...•
How much do F45 owners make?
A typical F45 franchise requires an initial investment of approximately $315,000, significantly lower than other franchise models. In Year 3 of operation, franchisees produce an average AUV of approximately $359,000; average four-wall EBITDA margins in excess of 30%; and average cash-on-cash returns in excess of 35%.
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)
Who owns 9Round?
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.
When was 9Round established?
Shannon Hudson, co-founder and CEO of 9Round, is former IKF Light Middleweight Kickboxing Champion of the World. (Photo courtesy of 9Round.) Hudson founded 9Round in 2008, and in 2011 he won the IKF Light Middleweight Kickboxing Champion of the World title.
How much does an OTF owner make?
Salary Details for a Franchise Owner at Orangetheory Fitness The estimated base pay is $66,143 per year. The estimated additional pay is $25,445 per year.
How much does it cost to start a F45?
The cost to start a F45 Franchise will include the following: Total Investment: The total investment necessary to begin operation of a “F45 Franchise” franchise ranges from $227,000 – $312,000. Initial Fees: Initial franchise fee: $50,000.
How much does it cost to open a CycleBar?
Total Investment: $346,910 - $487,910 *Please see Item 7 of the 2022 CycleBar FDD for explanatory notes and details.
How much money can you make as a Anytime Fitness franchise?
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. Anytime Fitness is the world's fastest-growing fitness club, according to the International Health, Racquet and Sportsclub Association.
How much does it cost to start a gym franchise?
The total upfront investment for a gym franchise can fall anywhere between $30,000 and $300,000, including the one-time franchise name fee (ranging from $15,000 to $30,000). Of course, some brands are less expensive than others. Ditto for some locations.
How much does it cost to start a F45?
The cost to start a F45 Franchise will include the following: Total Investment: The total investment necessary to begin operation of a “F45 Franchise” franchise ranges from $227,000 – $312,000. Initial Fees: Initial franchise fee: $50,000.
How much would it be to start a gym?
Think somewhere between $10,000 for a personal studio to $50,000 for a fully-equipped commercial gym. Be sure to shop around—and keep in mind you can often get a discount if you purchase the equipment in sets as a complete package. Certifications – having a professional, certified staff is a big plus.
9Round Fitness Franchise Startup Cost, Profit & Opportunities
HOW MANY WAYS CAN I MAKE MONEY WITH 9ROUND FITNESS. Just as the name of the company implies, you will be making money at your 9Round Fitness Franchise unit in 9 different ways. And your chances of making good revenue at your location is increased a 9Round Fitness will give a 5-mile territorial influence.
9 Round Fitness Prices & Membership Cost 2022 | Dr Workout
9Round. For most plans, the cost of joining 9 Round Fitness is $99. This is applicable for 3 month, 6 month as well as 12 month programs. But for other kinds of plans, especially for fixed, one-time payment type plans, there won’t be any initiation fee.
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.
What is 9round fitness?
9Round is a specialized fitness center dedicated to serving clients who want a unique, fun, and proven workout that guarantees results. 9Round offers traditional "old school" boxing and kickboxing fitness programs that incorporates functional, interval, cardiovascular, and circuit training regimens. The programs are developed around a proprietary system of 9 challenging workout stations developed by a professional fighter. 9Round delivers total body results in a quick and convenient 30 minute workout with no class times.
Where is 9round training?
You will visit the 9Round training facility in Greenville SC. You will go through a 5 day intensive training program that will teach you not only how to kick and punch, but how to operate the business.
Is 9round a franchise?
If you enjoy staying fit and helping people, this is the Franchise for you. Successful 9Round owners come from all walks of life. Some have extensive business backgrounds, some have served in the military, some are personal trainers, and some have never operated a business.
Description of the Franchise Kickbox fitness centers 9Round
9Round is a specialized fitness center for people who want an unique, fun, and proven workout that guarantees results. 9Round offers a kickboxing themed fitness program that incorporates a functional, interval, cardiovascular, and circuit training regimens.
How much does 9Round franchise cost?
9Round has the franchise fee of up to $30,000, with total initial investment range up to $91,000.
How much do food franchises make?
They assume food franchise owners are the biggest moneymakers, but according to a Franchise Business Review report, 51.5 percent of food franchises earn profits of less than $50,000 a year and only about 7 percent of food franchises have profits over $250,000.
Why do we call Franchise City?
Smart investors call Franchise City because we have all the data on file. But more importantly, not everyone has the skills or background to successfully operate a senior care or staffing franchise. If you are a bad fit, even with the top franchises, you will not make money. A Taco Bell will have people walking in and buying a taco, but it doesn't really matter if you have no business skills, or are not a good communicator. With senior care, staffing and service-based businesses in general the owner is driving that business forward and they need to have specific skills in order to succeed. We provide a detailed skills assessment to all our clients as part of our free service.
What is the highest grossing franchise on QSR50?
The single highest grossing food franchise on the QSR50 is Chick-fil-A. An average Chick-fil-A generates 4.16 million dollars annually and your investment is only $10,000. But keep in mind that Chick-fil-A has a very different franchise model than other franchises and owners do not receive a traditional revenue split, or even ownership of the store. You'll earn a solid six figures, have limited risk, be part of a solid organization with traditional values but you do not own the store or gain any equity.
How much does a cleaning franchise cost?
This model is not to be confused with buying cleaning contracts which is a totally different model with a much smaller investment. Also not to be confused with a MASTER cleaning franchise which is more about selling franchise contracts. A master cleaning franchise is a great business for people with sales experience, and the average gross for a cleaning master franchise is $2,800,000, top earners at $5,800,000 . A master cleaning franchise will have an investment range of between $240k and $400k.
How much does it cost to buy a McDonald's?
Buying a Mcdonald's will cost you between $1,263,000 to $2,235,000 not including your real estate. Many people think these numbers include real estate, they do not.
What is gross revenue?
For aspiring entrepreneurs' annual gross revenue is the total amount of money that comes into your store for all goods sold. Net income is how much money is left after you pay your rent, your payroll, your royalties, insurance and everything else. Net is really the important number, as 10 million a year gross revenue is not that impressive if your expenses are 11 million! There are other important numbers like discretionary income and EBITDA (earnings before interest taxes depreciation and amortization) we'll cover those in a future article or video. Have you subscribed to us on YouTube? Franchise City YouTube
Do food franchises have 20% margins?
There are some food franchises that do have 20% margins or higher, but you have to know where to look. ( Contact Franchise City for details) Multi unit owners can do very well but a single unit, unless you have a great location, is not going to generate a lot of money. Let's look at other industries to compare, ...
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 are the stations in the gym?
Customers begin with stations 1-2 for strength building with dumbbells, kettle bells, medicine balls, jump ropes, and other equipment. Stations 3-8 is where you strike 100-pound bags to build power, double-end bags for timing and hand-eye coordination, and speed bags for conditioning shoulders and developing speed. The last part of the 30-minute workout focuses on building core strength.
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.
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.
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 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.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
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 included in the initial investment?
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
What is exclusive territory?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
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.
