- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$165K - $231K
- Units as of 2020
355 12% over 3 years
Founded in 2009, Fit Body Boot Camp is one of the more recognizable gym and fitness studios in the U.S. The company is committed to providing affordable, quality gyms and fitness classes. Fit Body Boot Camp wants their patrons to be happy, healthy, and thriving. Their signature class is a 30-minute group fitness session led by a certified coach. These sessions welcome all fitness levels and combine high-intensity interval training with active rest training.
Fit Body Boot Camp has established itself as a body-positive and accessible brand. They are committed to ensuring everyone can move their body and feel good about it. They also offer nutrition programs to support weight loss and a healthy lifestyle.
Why You May Want to Start a Fit Body Boot Camp Franchise
Opening a Fit Body Boot Camp franchise is an excellent opportunity to be a part of the fitness and health industries, both of which are large industries. You will encourage people to look after their mental and physical health and promote a healthy body image.
You do not need to be a licensed fitness coach to run a Fit Body Boot Camp franchise, although it would help. The company will provide you with the training you need to run a fitness business. The perfect candidate for a Fit Body Boot Camp franchise is one with a passion for fitness, health, and encouraging people to better their lives.
What Might Make Fit Body Boot Camp a Good Choice?
A Fit Body Boot Camp gym franchise is an impact-driven opportunity. Having worked hard to develop a great group-training model and lifestyle modification training, they have hundreds of success stories.
At Fit Body Boot Camp, fitness sessions involve only simple equipment. This helps franchisees to have smaller inventories and keep operating costs as low as possible. The business model is also scalable, allowing franchisees to choose between owning a single location or investing in multiple locations. This is paired with a flat-rate royalty fee.
To be part of the Fit Body Boot Camp team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees, which will include advertising, royalty, or renewal fees. Typically, the advertising and royalty fees are due monthly. Franchisees will also need to meet the company's set net worth and liquid capital requirements. Fit Body Boot Camp offers a discount off the franchise fee to veterans.
How to Open a Fit Body Boot Camp Franchise
While investigating this opportunity, you may have the chance to speak with a franchise sales representative. They will help you through the process of opening this gym franchise. You will get to speak to other Fit Body Boot Camp franchisees to learn more about the franchise experience and cost.
If you meet all of the requirements and sign your franchise agreement, you will attend an intensive training program at the Fit Body Boot Camp University to give you certification and business training. After opening to the public, the brand will continue to offer support in marketing and operations. They also provide mentorship and weekly live training webinars.
Fit Body Boot Camp will work with you to get your body and your business into shape.
About Fit Body Boot Camp
|Franchising Since||2011 (12 years)|
|# of employees at HQ||39|
|# of Units||355 (as of 2020)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Fit Body Boot Camp franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
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.
Definition: The total amount necessary to begin operation of the franchise
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.
|$165,000 - $231,000|
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|25% off franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
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.
|Is franchise term renewable?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing||Fit Body Boot Camp has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
|On-The-Job Training||7 hours|
|Classroom Training||35.5 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||Yes|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
Are exclusive territories available?
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 you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Fit Body Boot Camp landed on this year's Franchise 500 Ranking versus previous years.
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