Fitness Premier FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for Fitness Premier, a full-service health club 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, and other products and services. Fitness Premier clubs may also be supplemented with the addition of a fitWAVE group training, nutrition, relax and restore suites, and fitness facilities and services. The franchisor offers individual unit Fitness Premier club franchises and franchises for the development of multiple clubs within a development territory.
Corporate Information
FP Franchising, LLC is an Illinois limited liability company that was formed on July 18, 2016. Their principal place of business is 28 W Nebraska Street, Frankfort, Illinois 60423. They began selling franchises in January 2017.
Investment
The total investment necessary to begin operation of a Fitness Premier club under a franchise agreement is $275,000 to $664,600. This includes $64,500 to $74,500 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a Fitness Premier club under a multi-unit development agreement is $310,000 to $1,032,600. This includes $64,500 to $74,500 that must be paid to the franchisor or its affiliates, along with a $25,000 to $35,000 development fee for each additional club established under the multi-unit development agreement.