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Item 7 in the 2025 FDD pegs initial investment at $145,350-$342,950, covering buildout for a compact 2,000-3,000 sq ft space tailored to high-intensity circuits. Franchise fee sits at $45,000, with area development options for multi-unit plays. Fees stand out: zero base royalty, just a potential 2% local ad co-op if activated, plus a steep 20% of gross sales management fee only if the franchisor steps in for breach—keeping ongoing costs lean for compliant owners. System metrics show steady expansion from 26 locations in 2023 to 28 in 2024 (+8%), 3 transfers, and 15 projected new units, signaling franchisor confidence amid competition from bloated gyms and apps.

Absence of Item 19 earnings disclosure leaves average unit revenue a black box, forcing buyers to dig into alternatives like SBA data: 12 loans recorded averaging $156,533, but a 16.7% default rate flags higher risk than many fitness peers—possibly tied to post-pandemic recovery or operational hurdles in a crowded market. Since 2010 franchising (US arm under Canadian parent), North Miami Beach HQ supports modest scaling, but that default spike warrants scrutiny of unit-level viability. For a $200K-$300K median outlay, this could suit fitness enthusiasts with sales savvy, yet the lack of validated financials and elevated SBA red flags mean modeling conservative 10-15% net margins at best until proven otherwise.