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Awatfit Franchise Cost, Revenue & Review 2026

Health & FitnessCOFranchising since 2020
DBelow averageBelow average34/100Editorial grade from public filings; not investment advice.
Investment
$107K – $281K
Disclosed sales
partial, no system average
SBA charge-off
Under 10 loans (1)

Investment, fees, disclosed sales, units, SBA record and risk, as one PDF. Free; no spam; one click to unsubscribe.

FV-00214Data QualityStandard71%FDD 2022 · 4yr old
Owner-operator requiredYes: Protected territory

Data from FDD filing + SBA 7(a) records

Analysis by FranchiseVerdict Research · Methodology

This data is from a 2022 FDD. Current terms may differ. Always verify with the franchisor's latest disclosure document.

AWATFIT is a fitness franchise offering outdoor personal and group training from a branded mobile-gym truck. Franchisees run the mobile operation, managing trainers, sessions, and nutrition-product sales.

FranchiseVerdict summary · 2026

A AWATFIT franchise requires a total initial investment of $107K – $281K, including a $55K franchise fee and an ongoing 6.0% royalty[2]. The 2022 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →

Sources, dates and evidence

FDD issued: · Data extracted: · Last cited check: · Staleness risk: high - issued more than two years ago

Evidence: partial✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 5 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.

Overview

Investment
$107K – $281K
17th pct Health & Fitn…
Avg gross sales
N/A
Company-owned onlyn=1
Royalty
6.0%
13th pct Health & Fitn…
Units
2
10th pct Health & Fitn…
SBA charge-off
N/A

Quick verdict · Health & Fitness · color = vs category peers

Total Investment
$107K – $281K
Median $392K
below median ↓, better than category
Franchise Fee
$55K – $55K
Median $50K
above median ↑, worse than category
Liquid Capital Req'd
$10K – $30K
Median $35K
below median ↓, better than category
Avg Revenue
Partial, no system average
No system average in Item 19
Royalty Rate
6.0%
Median 7.0%
below median ↓, better than category
Ongoing Fees
8.0% of rev
Median 9.0%
below median ↓, better than category
SBA Charge-Off Rate
Under 10 loans (1)
Insufficient SBA coverage: 1 loan, rate hidden below 10
System Size
2 units
Median 17 units
below median ↓, worse than category
Turnover Rate
N/A
Median 0.0%
Territory
Protected, not exclusive
Limits on the franchisor opening nearby; not an exclusive zone
Owner-Operator
Required
You must run it yourself
Litigation
None disclosed
Clean record

Green = favorable by >10% vs Health & Fitness median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)

Data from public FDD filings and SBA records. Not financial advice. Methodology

Bottom line

  • COSTTotal investment $107K – $281K including a $55K franchise fee, 6.0% ongoing royalty.
  • RETURNSItem 19 reports company owned outlet financials rather than annual gross sales, so unit revenue is not directly comparable.
  • RISKVerdict D (Below average), verdict score 34/100 (higher is better).
  • GROWTHPositive: net +1 franchised outlets in the latest year (1 opened, 0 closed) (Item 20).
  • DATAItem 19 reports company owned outlet financials rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.

Item 1 · who you're contracting with

The Franchisor

Corporate structure & franchisor financials
Legal entity
AWAT Fitness Inc.
CEO title
CEO and President
Richard Decker
CEO experience
25 yrs
Years in role or industry
Founder active
Yes
Original founder still leading the business
Incorporated in
DE
HQ
3000 Lawrence Street, Denver, Colorado 80205
Auditor
Richard T. Walsh, CPA
Audited financials
Franchisor revenue
$279K
vs $122K prior year

Overview

About

CEO
Richard Decker
Headquarters
CO
Founded
2019
FDD year
2022
States available
2

Can you afford it, and what does the money buy?

Entry cost runs 51% below the typical health & fitness franchise.

Total investment (Item 7)$107K – $281KCited, not corroborated — printed on page 19 of the 2022 FDD (Item 7). Nothing else in our record independently restates or re-derives it.
Franchise fee$55,000Verified — printed on page 11 of the 2022 FDD (Item 5), and another item of the same filing prints the same figure on a labelled row, which is an independent restatement.
Royalty6.0%Not cited — published from our reading of the franchisor's disclosure document; the page it is printed on has not been located.
Ad fund2.0%Cited, not corroborated — printed on page 13 of the 2022 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Working capital$10K – $30K

Source: FDD 2022 · Items 5–7

Full Item 7 breakdown14 line items

Initial investment breakdown

Item 7 initial investment line items
Line itemLowHigh
Initial Franchise Feenot refundable$55K$55K
AWATFIT Trucknot refundable$7K$55K
Vehicle Equipment Packagenot refundable$25K$25K
Passive Partnership Program Feenot refundable$0$30K
Signsnot refundable$1K$5K
Computer, Software and Business Management Systemnot refundable$1K$3K
Insurance Deposits and Premiumsnot refundable$500$3K
Professional Feesnot refundable$3K$5K
Business Licenses and Permitsnot refundable$500$1K
Marketing and Office Suppliesnot refundable$500$1K
Grand Opening Marketing Expensenot refundable$4K$12K
Roll Fast Media Setup Feenot refundable$0$6K
Regional Territory Optionnot refundable$0$50K
Additional Funds - Initial period of 3 monthsnot refundable$10K$30K
Total initial investment$107K$281K

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
$107K – $281K
Top 40% of category vs category
Liquid capital req'd
$10K – $30K
Top 40% of category vs category
Franchise fee
$55K – $55K
Bottom third — review vs category
Royalty
6.0%
Set by a formula · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Ongoing fees · Item 6

AWATFIT: Item 6 recurring fees
FeeAmount
Royalty6.0% of gross sales
Marketing / ad fund2.0%
Technology fee$275
Transfer fee$15K
Renewal fee$5K
Total fee load8.0% of rev

What do units actually make?

Avg gross salesNot extracted
Median gross salesNot extracted
Item 19 typecompany owned outlet finan…
Sample size1

Source: FDD 2022 · Item 19

ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Blue values = direct from FDD (Item 7 investment, Item 19 revenue, Item 6 fees)Not set = no filing supplies it and we will not substitute one. Enter your own

No Item 19 revenue figure for AWATFIT is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.

Returns model · single-unit ROIC

What would one AWATFIT unit return on the cash you put in?

From FDDNot set — you supply itYou overrode an FDD value
Revenue · per unit, per yearnot set
Item 19 not disclosed. Enter your own revenue assumption
Franchisor take · royalty + ad fundFDD
typ 6–8%
typ 3–5%
Operating costs · not in any FDDnot set

Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.

Total invested capital · what you put in to openFDD
FDD Item 7: $107K–$281K (midpoint used)
FDD reports $10K–$30K

Unlevered ROIC · per unit

Your modelled return on total invested capital, before any debt financing.

—

An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.


Store EBITDA · annual
—
EBITDA margin
—
Total invested
$214K
Payback
—
Single-unit only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even point.

These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.

Item 19 · Source: 2022 FDD

Financial Performance

Company-owned outlets only - not franchisee performance

Based on a single reporting unit - not a system average

Item 19 type
company owned outlet financials
Sample size
1
vs category median 11 · small
Reporting year
2021
Fiscal year the figures cover
Source filing
FDD 2022
Disclosed in the 2022 filing, covering 2021
Transparency
6 / 10
vs category median 4 / 10 · above
Gross sales rank
No comparison data
Investment cost rank17th
Lower investment ranks lower (better)
Royalty rate rank13th
Lower royalty = lower percentile (better)
Unit count rank10th
vs Health & Fitness peers
Risk score rank92th
Lower risk = lower percentile (better)

Compared against 173 Health & Fitness brands

Showing the headline figures — all 127 extracted fields are in the Full FDD Report · $19 →

Operator outlook

What the numbers say

Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.

Fee burden

Total ongoing fee load of 8.0% (near the Health & Fitness median).

Disclosure

Item 19 reports company owned outlet financials rather than annual gross sales, so unit revenue is not directly comparable.

Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.

vs Health & Fitness medians

How Awatfit Compares

Metric
Awatfit
Category median
vs median
Investment
$194K
$392Kmiddle half $226K–$620K · n=172
Below median, better than category
Revenue
N/A
$477Kmiddle half $316K–$739K · n=65
N/A
Unit Count
2
17middle half 5–70 · n=171
Below median, worse than category

Category median of published Health & Fitness brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.

Is the system healthy?

Total units2Verified — printed on page 48 of the 2022 FDD (Item 20), and the table's own arithmetic closes on it two ways.

Source: FDD 2022 · Item 20

Unit growth

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
1
Last reporting year
Closed
0
Terminated
0
Franchisor ended the franchise (per Item 20)
Non-renewed
0
Term expired, not renewed (per Item 20)
Turnover rate
N/A
Company-owned
1
Corporate units in the system
% franchised
50%
vs corporate-owned

Last fiscal year · Item 20 exits and transfers

Terminated
0
Not renewed
0
Transferred
0
Reacquired
0
Franchisor bought back
Signed, not yet open
0
0.00 per open outlet · Item 20 Table 5
Projected new
2
Franchisor's next-year forecast
2019
0
Franchised units
2020
0±0
Franchised units
2021
1+1
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 12 · 2 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

2

states with franchisees (per FDD Item 12)

SBA loan performance

Government records

SBA Loan Data

Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.

Total loans
1
Loan volume
$50K
Median loan
$50K
50th percentile
Charge-off rate
Under 10 loans (1)
Insufficient SBA coverage: 1 loan, rate hidden below 10

Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated

Repayment rate (PIF)
Under 10 loans (1)
5-yr charge-off
Under 10 loans (1)
Loans approved 2021+
Active lenders
1
Defaults
N/A

Explore lender portfolios on Bank Reports or regional data on State Reports.

What could kill this investment?

SBA charge-offUnder 10 loans (1)
Verdict score34/100 (higher is better)
Litigation0 cases
Auditor going-concern doubtNo (favorable vs category)

Source: SBA 7(a) FOIA · FDD Items 3, 21

Risk analysis

FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21

Risk & Legal

DBelow average34Verdict score 34/100

AWATFIT is an extremely early-stage, unproven franchise system with only 2 units, no earnings substantiation, and unclear growth potential—high risk for franchisees seeking established brand validation.

Low confidence±19 pts
1553

Litigation (Item 3)

No litigation required to be disclosed

Bankruptcy (Item 4)

None disclosed

Audited financials (Item 21)

Yes · Richard T. Walsh, CPA

Franchisor revenue (Item 21)

Yr 1: $0.3MYr 2: $0.1M

Franchisor entity revenue (not unit-level)

Audited financial statements are cash-basis. The exhibit balance sheet present in the document is as of April 30, 2020 (audited by Richard T. Walsh, CPA): Total Assets and Owner's Equity each $16,419.70 (cash only), no liabilities. Company had not yet commenced revenue-generating activity, so no income statement/revenue figures are presented. Item 21 states audited statements are for Dec 31, 2020 and Dec 31, 2021 (most recent CPA consent: Alfred J. Lutfy, CPA, dated Sept 16, 2021), but those balance-sheet/income figures are not present in this text.

Supplier relationship · Items 8 & 16

  • Franchisor sells you products: Yes
  • Kickbacks from required suppliers: No
  • Must buy proprietary products: Yes
  • Restricted to system-approved products: Yes
  • Can negotiate own supplier terms: No

Score breakdown · what drove the 34 / 100 verdict

  1. 01MINOROnly 2 operating units with unknown growth trajectory indicates an extremely underdeveloped franchise system with minimal proof of scalability
  2. 02MINORHigh minimum royalty fee structure (6% or minimum monthly fee) creates cash flow pressure; unclear if $278,847 average revenue can consistently support both royalty and operational costs
  3. 03MINORMinimal franchisee base (2 units) limits ability to validate realistic unit economics or identify systemic operational issues
  4. 04MINORWide investment range ($107k–$280.5k) suggests inconsistent build-out costs and undefined operational scope

Severity inferred from the FDD text · not a regulatory classification

Showing the headline figures — all 127 extracted fields are in the Full FDD Report · $19 →

What are you signing up for?

Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.

Initial term10 yrs
Renewal term10 yrs
TerritoryProtected, not exclusive
Initial training43 hrs

Source: FDD 2022 · Items 11, 12, 17

FDD Items 12, 15, 17 · continued from Risk & Legal

Contract & Territory Detail

Initial term10 years
Renewal term10 years
Allowed renewalsℹ2
Territory typeProtected territory
Protected territoryYes
Exclusive territoryℹNo
Territory population50,000
Online sales rightsℹRestricted
Franchisor can competeYes
Hire a manager?Allowed
Owner-operatorRequired
Non-compete (years)ℹ2 years
Non-compete (miles)ℹ25 mi
Right of first refusalℹYes
Transfer requires consentYes
Termination notice30 days
Curable defaultsℹ2
Mandatory arbitrationYes
Arbitration locationDenver County, Colorado
Jury trial waiverYes
Governing lawCO
Litigation count0
View Item 3 litigation summary

No litigation required to be disclosed

Items 10, 11

Training & Operations

Classroom training
31 hrs
On-the-job training
12 hrs
Training location
Denver, Colorado or Sag Harbor, New York, franchisee's location, or other designated location
Ongoing training
Required
Time to open
1 mo
From signing to launch
Franchisor financing
Offered
Item 10
POS system
Glofox
Operating tech stack

Items 5 & 11

Franchisor Support

✓Site selection assistance
✓Grand opening support
✗Lease negotiation help

Technology: Glofox

Frequently asked questions

Frequently Asked Questions

How much does it cost to open a AWATFIT franchise?

The total investment to open a AWATFIT franchise ranges from $107K – $281K, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).

What do AWATFIT franchise owners earn?

Item 19 of the AWATFIT FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.

Who owns AWATFIT?

AWATFIT is franchised by AWAT Fitness Inc.. Source: FDD Item 1, 2022 filing.

What is Item 19 in the AWATFIT FDD?

The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the AWATFIT FDD and qualifies whose outlets they describe.

What is AWATFIT's franchise failure rate?

SBA 7(a) loan charge-off data is not available for AWATFIT (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 AWATFIT franchise locations are there?

As of their most recent FDD filing, AWATFIT has 2 total units in the United States, including 1 franchised units and 1 company-owned units. 1 new units were opened in the latest reporting year.

Is AWATFIT a good franchise to buy?

FranchiseVerdict rates AWATFIT as a D-grade franchise with a verdict score of 34 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.