Project Function
Project Function™ franchises operate gyms offering unique biomechanic-focused training experiences through one-on-one and small group sessions using proprietary equipment and certified trainers. The business model involves selling individual unit franchises for new or conversion gyms, with revenue from monthly memberships, personal training, and related products/services. They target customers of all ages in the competitive fitness market.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
15% of gross sales from membership fees + 10% of gross sales from personal training fees + 2% brand marketing fee + $100/mo technology fee + equipment lease payments ($50/mo per machine).
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How Project Function Compares to Other Fitness Studios Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Project Function Current | $257K - $337K | $40K | 15.0% | 0 |
| Planet Fitness | $1.5M - $5.2M | $20K | 7.0% | 2,298 |
| ANYTIME FITNESS | $459K - $908K | $43K | N/A | 2,290 |
| F45 Training | $349K - $786K | $60K | 7.0% | 751 |
| Pure Barre | $314K - $629K | $60K | 7.0% | 617 |
| HOTWORX | $259K - $878K | $20K | N/A | 578 |
Fitness Studios Average 55 franchises | $425K - $1.0M | $47K | 6.9% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Project Function franchise?
The total initial investment to open a Project Function franchise ranges from $256,750 to $337,250. This includes a franchise fee of $40,000. Ongoing royalty fees are 15.0% of gross sales.
Is Project Function a good franchise to buy?
Whether Project Function is a good franchise investment depends on your personal goals, available capital, and local market conditions. We recommend reviewing the full FDD, speaking with existing franchisees listed in Item 20, and consulting with a franchise attorney before making a decision.
Interested in Project Function?
Talk to a franchise advisor to get personalized guidance and learn if Project Function is the right fit for you.
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