OFFICIAL FILING · MN · 2020
Fitness Together FDD (Franchise Disclosure Document) — 2020
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). Fitness Together's most recent FDD tracked here was filed in 2020 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2020 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $40K |
| ITEM 6 | Ongoing royalty | 6.0% of gross sales |
| ITEM 7 | Total initial investment | $189K–$329K |
| ITEM 3 | Disclosed litigation matters | 3 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $305K (Table 1 (Franchised Studios open as of January 1, 2019 & Throughout 2019): "Table 1 describes 2019 Average Annual Revenue for franchised Studios in the Franchise System open as of January 1, 2019 (a total of 142 Studios), and further describes the number and percentage that met or exceeded the average." No. of Studios in the table = 138; All Studios 2019 Average Annual Revenue $347,861; Number that Met or Exceeded the Average 53 (38.4%); Same Studio Average Annual Revenue Increase (2019 over 2018) 0.3%; 2019 Median Revenue $305,285; 2019 Highest Revenue $1,179,785; 2019 Lowest Revenue $24,081. Note 1: "we have not included four of the 142 franchised Studios that were open as of January 1, 2019, because they did not operate during the entirety of 2019. One franchised Studio closed on December 31, 2019; however, its data is included within the Table above." Compilation caveat: "We compiled this data using information submitted to us by our franchisees. We did not audit or otherwise verify the accuracy of the information submitted. These revenues results are based upon historical data.") |
| ITEM 20 | Outlets (fiscal 2019) | 142 franchised at year end · 5 exits (3.5% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — Plante & Moran, PLLC |
Citation discipline: every figure above is extracted from the 2020 Fitness Together FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
Fitness Together FDD questions, answered
Where can I download the Fitness Together FDD for free?
Fitness Together's 2020 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is Fitness Together's most recent FDD on file?
The most recent Fitness Together FDD tracked here was filed in 2020 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does Fitness Together's FDD disclose earnings (Item 19)?
Yes — Fitness Together makes a financial performance representation in Item 19 of its 2020 FDD, reporting a median unit volume of $305K. Read the basis fine print: franchisors choose which units and metrics to include.
What does Fitness Together's FDD Item 20 show?
In fiscal 2019, Fitness Together ended with 142 franchised outlets; 5 of 142 open at the start of the year left the system — an annualized exit rate of 3.5% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Fitness Together's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →