Body Fit Training Franchise FDD, Profits, Costs & Fees (2024)
Body Fit Training (BFT) is a leading fitness franchise offering science-based functional and strength training. It was founded in 2017 by Cameron Falloon in Australia. The company is headquartered in Melbourne and operates internationally.
BFT started franchising in 2018, allowing entrepreneurs to own fitness studios under its brand. The franchise delivers 50-minute group training sessions.
These combine cardio and resistance exercises, using proven methods like periodization and progressive overload. This approach ensures effective and results-driven workouts, setting BFT apart from competitors.
By 2024, BFT has grown to over 240 studios worldwide. It operates in countries like Australia, New Zealand, Singapore, and the U.S. The franchise is actively expanding in the U.S., bringing its innovative programs to more fitness enthusiasts.
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Initial Investment
How much does it cost to start a Body Fit Training franchise? It costs on average between $329,000 – $520,000 to start a Body Fit Training franchised studio.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, such as the type of fitness studio setup, the location, and whether the franchisee chooses to lease or purchase the property for the Body Fit Training franchise.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $60,000 – $60,000 |
| Initial Training Program Fees | $0 – $0 |
| Travel & Living Expenses While Training | $0 – $2,500 |
| Real Estate/Lease and Professional Fees | $33,000 – $59,000 |
| Net Leasehold Improvements | $102,500 – $214,400 |
| Signage | $22,000 – $28,000 |
| Insurance | $1,400 – $2,800 |
| Payments in Connection with Fitness Equipment & Initial FF&E Package | $12,400 – $32,200 |
| Pre-Sales and Soft Opening Retail Inventory Kit | $12,000 – $12,000 |
| Audio / Visual Package, Computer System, and Related Components | $50,000 – $50,000 |
| Initial Grand Opening Marketing & Advertising Spend | $15,000 – $20,000 |
| Initial Instructor Training Fees | $5,000 – $5,000 |
| Technology and Software Fees | $3,620 – $3,620 |
| Additional Funds – 3 months | $12,000 – $30,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $328,920 – $519,520 |
Average Revenue (AUV)
How much revenue can you make with a Body Fit Training franchise? A Body Fit Training franchised facility makes on average $531,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $414,000 yearly revenue for similar fitness studio franchises.
Below are 10 Body Fit Training competitors as a comparison:
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Franchise Disclosure Document
Frequently Asked Questions
How many Body Fit Training locations are there?
As of the latest data, Body Fit Training (BFT) operates over 240 studios worldwide. The majority of these are franchise-owned, with a smaller number managed directly by the company. This extensive network spans multiple countries, including Australia, New Zealand, Singapore, and the United States, reflecting BFT’s significant global presence in the fitness industry.
What is the total investment required to open a Body Fit Training franchise?
The total investment required to open a Body Fit Training franchise ranges from $329,000 to $520,000.
What are the ongoing fees for a Body Fit Training franchise?
A Body Fit Training (BFT) franchise requires a royalty fee of 7% of gross sales and a 2% Brand Development Fund contribution for national marketing. Franchisees must also allocate at least $1,500 monthly for local advertising. These fees support operational systems and marketing efforts.
What are the financial requirements to become a Body Fit Training franchisee?
To qualify as a Body Fit Training (BFT) franchisee, you are required to have a minimum net worth of $500,000 and at least $100,000 in liquid capital. These financial thresholds ensure that franchisees possess the necessary resources to support the initial investment and ongoing operational expenses associated with establishing and running a BFT studio.
How much can a Body Fit Training franchise owner expect to earn?
The average gross sales for a Body Fit Training franchise are approximately $0.41 million per location. Assuming a 15% operating profit margin, $0.41 million yearly revenue can result in $62,000 EBITDA annually.
Who owns Body Fit Training?
Body Fit Training is owned by Xponential Fitness, a global leader in boutique fitness franchising. Xponential Fitness acquired Body Fit Training (BFT) in October 2021 for $44 million. This acquisition expanded Xponential’s portfolio to include BFT’s innovative functional and strength training programs, further enhancing its diverse range of fitness offerings.
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