9Round offers a fitness program based on circuit training stations, incorporating boxing and kickboxing exercises. Their centers provide specialized workouts and fitness services to clients, with an emphasis on high-intensity interval training (HIIT).
Key Insights
- 9Round began with a vision to offer a unique fitness experience centered around a structured, full-body workout. The franchise's foundation was built on the principle of providing effective training accessible to everyone, leading to its expansion across numerous locations.
- The business operates on a membership model that grants access to a circuit-based kickboxing workout. This program is designed to be completed in thirty minutes, with trainers present at every session to guide participants through the exercises.
- The fitness industry encompasses a broad range of health and wellness services. 9Round participates in the segment focused on specialized fitness, offering a distinct workout format within the broader market for exercise and physical activity.
Franchise Fee and Costs to Open
Exploring the financial picture of 9Round gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $149,449 - $416,300, along with a franchise fee of $14,900 - $24,900.
Financial Performance and Revenue
Yearly gross sales of $141,459 and estimated earnings of $21,219 - $25,463 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 12.6-14.6 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
9Round provides comprehensive training and resources for new franchisees. The initial training program lasts for two weeks and is conducted at the 9Round corporate headquarters. Franchisees receive extensive support covering all aspects of operating a 9Round fitness studio. 9Round offers guidance on sales, marketing, and studio management to foster success.
Legal Considerations
Legal considerations for a 9Round franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a 9Round franchise involves considerations such as assessing the saturation of the local fitness market and the number of studios within proximity. Ensuring efficient daily operations, including trainer scheduling and equipment maintenance, presents an ongoing focus. Dependence on specific equipment suppliers and branded merchandise requires robust inventory management to maintain operational flow and member satisfaction.
Franchise Datasheet
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