55 FitnessFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A 55 Fitness franchise requires a total initial investment of $117K – $442K, including a $50K franchise fee and an ongoing 6.0% royalty[2]. The 2023 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: C. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2023 FDD issuance
Overview
- Investment
- $117K – $442K
- 22nd pct Health & Fitn…
- Avg gross sales
- N/A
- 59th pct Health & Fitn…
- Royalty
- 6.0%
- 8th pct Health & Fitn…
- Units
- 1
- 2nd pct Health & Fitn…
- SBA default
- N/A
Quick verdict · Health & Fitness · color = vs category peers
Green = >15% above Health & Fitness avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $117K – $442K including a $50K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 64/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- 55 Franchising, Inc.
- Incorporated in
- WV
- HQ
- 322 12th Street, Huntington, West Virginia 25701
- Auditor
- Omar Alnuaimi, CPA / Naper CPA Group
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Affiliated brands
- DS Fitness
- Loved Ones in Home Care
Other brands the franchisor or its parent operates (Item 1).
Overview
About
55 Fitness franchisees operate boutique fitness studios, likely offering group fitness classes (e.g., cycling, HIIT, yoga) or strength training in a branded facility. Day-to-day operations include managing class schedules, instructor hiring/training, member check-ins, equipment maintenance, marketing, and membership sales/retention in a protected local territory.
- CEO
- Brendan S. Skeen
- Headquarters
- WV
- Founded
- 2018
- FDD year
- 2023
- States available
- 1
FDD Item 7 · 2023 filing · 20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $45K | $50K | |
| Lease Deposit and Payment | $4K | $16K | |
| Fitness Equipment Lease | $17K | $185K | |
| Utility Deposits | $680 | $3K | |
| Initial Inventory | $2K | $5K | |
| Furniture, Fixtures, & Equipment | $6K | $25K | |
| Design Services | $2K | $4K | |
| Leasehold Improvements | $5K | $75K | |
| POS System | $2K | $5K | |
| Signage | $4K | $5K | |
| Office Equipment | $3K | $7K | |
| Presales and Grand Opening Advertising | $5K | $10K | |
| Website and Digital Advertising | $3K | $5K | |
| Marketing Collateral | $500 | $3K | |
| Insurance | $500 | $2K | |
| Permits and Licenses | $500 | $1K | |
| Professional Fees | $1K | $2K | |
| Travel and living expenses while training | $500 | $2K | |
| Employee Wages Pre-Opening | $3K | $8K | |
| Additional Funds - 3 months | $15K | $30K | |
| Total initial investment | $117K | $442K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $117K – $442K
- Better than avg vs category
- Liquid capital req'd
- $15K – $30K
- Better than avg vs category
- Franchise fee
- $45K – $50K
- Near category avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Transfer fee | $5K |
| Renewal fee | $5K |
| Total fee load | 7.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Health & Fitness averages
How 55 Fitness Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 4
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 8 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
55 Fitness presents extreme risk due to single-unit system, lack of financial transparency, apparent franchisor distress, and inability to validate investment returns before commitment.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $250,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Omar Alnuaimi, CPA / Naper CPA Group
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 64 / 100 rating
- 01MINOROnly 1 unit in system indicates either brand-new franchise or failed expansion — extreme concentration risk and inability to validate model
- 02HIGHGoing Concern status is False, suggesting franchisor financial instability or operational distress
- 03MINORNo Item 19 disclosure (Avg Revenue/Net Income) prevents ROI validation — cannot assess if $116k-$442k investment generates positive returns
- 04MINORWide investment range ($325k spread) with single unit makes cost projections unreliable and suggests unpredictable buildout expenses
- 05MED6% royalty on undisclosed revenue base is difficult to evaluate; could be unsustainable if margins are thin in fitness sector
- 06MINOR10-year term locks franchisee into relationship with unproven, single-location franchisor with no growth track record
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 3 |
| Territory type | Population-based |
| Protected territory | Yes |
| Territory sizeℹ | 50,000 people |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 5 |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | West Virginia |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 26 hrs
- On-the-job training
- 17 hrs
- Training location
- On-site and corporate
- POS system
- Glofox
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Glofox
Item 20 · call current owners
Franchisee Contacts
13 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
55 Fitness · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a 55 Fitness franchise?
The total investment to open a 55 Fitness franchise ranges from $117K – $442K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do 55 Fitness franchise owners earn?
55 Fitness does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is 55 Fitness's franchise failure rate?
SBA 7(a) loan charge-off data is not available for 55 Fitness (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many 55 Fitness franchise locations are there?
As of their most recent FDD filing, 55 Fitness has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is 55 Fitness a good franchise to buy?
FranchiseVerdict rates 55 Fitness as a C-grade franchise with a risk score of 64 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.