Fitness Together Franchise Review (2024)

1. According to Fitness Together 2019 FDD

Financial Performance Representations

FDD Disclaimer: “Table 1 describes 2018 Average Annual Revenue for Studios in the Franchise System open as of January 1, 2018 (a total of 137 Studios) that operated for the entirety of 2018, and further describes the number and percentage that met or exceeded the average. Studios are categorized based upon annual revenue, which we require our franchisees to submit to us on a monthly basis and is defined in the same manner as gross receipts are defined under the Franchise Agreement. “Gross receipts” include all of your revenue and receipts, including those taken by cash, credit card, debit card, check, trade, barter or exchange, electronic funds transfer, or any other means of credit, which are derived from the operations of your Studio, including the sale of memberships, fitness services, gift cards which are not sold under our national gift card programs, merchandise, products or any other products or services sold by you, whether sold at your Studio location or from an off-site location. Gross receipts also include the gross amount of redemptions for gift cards sold under our national gift card program. Gross receipts exclude sales, use or privilege taxes paid to the appropriate taxing authority, refunds made to clients, and gross redemption amount of gift cards sold under any of our national gift card programs. In addition, should your business be interrupted for any reason and you are receiving business interruption insurance payments, the gross amount of these payments will be considered to be gross receipts and will be subject to the Royalty.”