Fitness Premier Franchise FDD, Profits & Costs (2025)

Fitness Premier is a full-service health club franchise offering members 24/7 access to strength, conditioning, and recovery equipment and services, including strength machines, free weights, cardio equipment, saunas, and recovery spa sessions.

Founded in 2002 in Frankfort, Illinois, the company is headquartered at 530 W. North Street Suite 105, Manhattan, Illinois. Fitness Premier began franchising in January 2017, expanding its reach to provide quality fitness services through affordable membership programs.

The franchise differentiates itself by focusing on creating a community-centric environment, emphasizing personalized experiences for members.

With a mission to “create stars within each community,” Fitness Premier offers various membership tiers tailored to individual needs, ranging from basic 24/7 club access to comprehensive packages that include group training, nutrition guidance, and relaxation services. This approach ensures that each member receives value-aligned services, fostering loyalty and engagement.

Initial Investment

How much does it cost to start a Fitness Premier franchise? It costs on average between $275,000 – $798,000 to start a Fitness Premier franchised center.

This includes costs for construction, equipment, furnishings, and initial operating expenses. The exact amount depends on various factors, including the type of fitness facility, the location, and whether the franchisee chooses to lease or purchase the property.

Type of ExpenditureAmount
Initial Franchise Fee$49,500
Construction and Leasehold Improvements$25,000 – $275,000
Lease Deposits – Three Months$3,000 – $10,000
Furniture, Fixtures, and Equipment$150,000 – $225,000
Signage$2,000 – $9,000
Computer, Software, Tech Package, and Point of Sale System$15,000 – $25,000
Grand Opening Marketing$10,000 – $15,000
Initial Inventory$1,000 – $10,500
Utility Deposits$400 – $1,600
Insurance Deposits – Three Months$1,000 – $3,000
Travel for Initial Training$2,000 – $5,000
Professional Fees$1,000 – $5,000
Licenses and Permits$100 – $1,000
Additional Funds – Three Months$15,000 – $30,000
TOTAL ESTIMATED INITIAL INVESTMENT$275,000 – $664,600

Average Revenue (AUV)

How much revenue can you make with a Fitness Premier Franchise? A Fitness Premier franchised studio makes on average $528,000 in revenue (AUV) per year.

Here is the extract from the Franchise Disclosure Document:

Fitness Premier Franchise fdd item 19 extract

This compares to $928,000 yearly revenue for similar gym franchises. Below are a few Fitness Premier competitors as a comparison:

Fitness Premier franchise competitors

Fitness Premier Franchise Disclosure Document

Frequently Asked Questions

How many Fitness Premier locations are there?

As of the latest available information, Fitness Premier operates 19 locations across Illinois and Indiana, with plans for further expansion.

What is the total investment required to open a Fitness Premier franchise?

The total investment required to open a Fitness Premier franchise ranges from $275,000 to $798,000.

What are the ongoing fees for a Fitness Premier franchise?

Fitness Premier franchisees are required to pay an ongoing royalty fee of 6% of their monthly gross sales. Additionally, there is a marketing fee of 2% of monthly sales, which contributes to the brand’s advertising and promotional efforts.

What are the financial requirements to become a Fitness Premier franchisee?

To become a Fitness Premier franchisee, you should have a minimum net worth of $500,000 and liquid capital between $40,000 and $150,000. These financial requirements ensure that potential franchisees have the necessary resources to establish and operate a Fitness Premier club successfully.

How much can a Fitness Premier franchise owner expect to earn?

The average gross sales for a Fitness Premier franchise are approximately $0.53 million per location. Assuming a 15% operating profit margin, $0.53 million yearly revenue can result in $80,000 EBITDA annually.

Who owns Fitness Premier?

Fitness Premier is led by CEO Jason Markowicz, who co-founded the company and has been instrumental in its growth and development.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

0