Thrive Community Fitness Franchise Analysis

franchise logo

Thrive Community Fitness is graded based on our most recent FDD research!

Franchise Opportunity Data

What is the upfront cost to be a franchise owner of an Thrive Community Fitness franchise?

Thrive Community Fitness has a franchise fee of up to $35,000, with a total upfront investment range of $250,000 to $450,000.

  • Initial Franchise Fee: $35,000
  • Total Investment: $250,000 to $450,000
  • Working Capital: $50,000 to $75,000
  • Royalty Fee: 4.0%

The initial cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to own an Thrive Community Fitness, such as territory fees, leasehold improvement costs, grand opening, marketing, and technology fees.

Can you Afford a Thrive Community Fitness Franchise. Complete our Affordability Calculator to find out!

How much does an Thrive Community Fitness franchisee make?

As with any new franchise, there should be a strong ROI and profit potential. The specific franchisee's income and the revenue from an Thrive Community Fitness franchise will depend on many factors. One way to confirm the potential revenues or profits earned from a Thrive Community Fitness franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchise companies in our database will disclose financial performance data within Item 19 of their FDD. Some franchise companies may disclose limited information such as overall systemwide sales. This type of financial data is not always helpful to determine profitability for you directly. So review systemwide sales data with caution. As expected, usually earnings and owner's income are equitable to the overall size of the initial investment. The larger the initial investment, the higher profits you should expect to see. Another determining factor to profitability is based on the number of locations you own. If you buy multiple units (usually defined as Area Development Agreements), you can anticipate that as you launch each additional location, you will earn a multiple on your profits. Demand for your products, the labor costs in your city, commercial lease rates and several other variables also play a huge role in your bottom line and your take-home income. Your future returns are associated with Thrive Community Fitness's success. Your profits and owner's income is not just dependent on how well your own location performs, you need to review how well the entire franchise system is operating. Determine how the franchisor earns income and review their financial statements.

For more details and system-specific data on the revenue of an Thrive Community Fitness franchise opportunity, unlock this franchise opportunity

How many franchise outlets does Thrive Community Fitness franchise have?

As of the 2015 Franchise Disclosure Document, there are 5 franchised Thrive Community Fitness locations across the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Thrive Community Fitness franchises near me?

Based on 2015 FDD information, Thrive Community Fitness has franchised locations in 2 states. There may be zero outlets in several states as each franchise company maps out their growth strategy differently. Certain states require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchises to people residing in that state. These registration states have examiners review a franchise company's FDD to confirm it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that mandate franchisors to file their franchise within the state. In most instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not examine the FDD.

WA
WASHINGTON

Based on the data collected Thrive Community Fitness is expanding into new locations and might be available near you.

One of our franchise advisors will have detailed knowledge about this franchise opportunity. Sign up to learn more and connect with our researchers.

Last Reviewed: 2015

Thrive Community Fitness Franchise STATS

Total Investment
$250,000 - $450,000
Franchise Fee
$35,000
Franchise agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchise outlet growth
2012
5
2014
5
Ongoing fees
Royalty
4.0%
ad fees
2.0%
# of franchised outlets
5

ADDITIONAL QUESTIONS

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 280 hours. This includes 60 hours of classroom training, 220 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online N/A
On-the-Job 220
Classroom 60
Total 280

Do they offer Territory Protections?

Thrive Community Fitness offers territory protections. For an explanation of territory rights, unlock this franchise opportunity for more details.

Do they have computer and technology support in place?

No, Thrive Community Fitness does NOT offer comprehensive support for franchisees.


How long ago did they start franchising?

They began franchising in 2007. The average Fitness and Gym franchise began franchising in 2014.


Do they offer financing options?

No, but you can click here to fill out our affordability calculator and understand your financing options.

Create your FREE account to access additional data on Thrive Community Fitness, and more!
Franchise Grade is committed to providing consulting and support that can help you make confident franchise investment decisions.
Finding the best franchise means reviewing several franchise opportunities to determine the best fit for you.
Unlock this franchise for instant access to our research reports, including:
  • Growth breakdown
  • Turnover breakdown
  • Financial transparency
  • Initial and renewal terms
  • Royalties and advertising fees
  • Critical Franchise FAQs
Need more reasons?
  • Our grade and free access to consult with a franchising expert
  • What are the historical franchisee earnings?
  • Does this brand provide Veteran or First Responder discounts?
  • Does this brand use public figures to promote their franchise?
  • Does this brand disclose any bankruptcies?
  • Is this franchise related with any other franchise companies or private equity investment groups?
  • How many new locations have they opened within the last 5 years?
  • How many franchised locations have closed within the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised locations have terminated within the last 5 years?
  • Does this brand operate any company or affiliate owned locations?
  • What is their initial and renewal term lengths?
  • How do they solve franchise disputes?
  • How long have they been franchising?
  • Are they expanding internationally?
  • How often are royalties and advertising fees paid to the franchisor?
  • How are territories defined?
  • What is the role of technology in the operation of the franchise?
  • Why has new franchise outlet growth been so high?
  • What is the net worth and liquid capital required to be approved as a franchisee in this brand?
  • Are you required to work as an owner-operator or is this a passive franchise opportunity?
  • Will the franchisor refund any upfront fees under certain circumstances?
Access is 100% free, instant, and unlimited!