AwatfitFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A AWATFIT franchise requires a total initial investment of $107K – $281K, including a $55K franchise fee. Per the 2022 FDD, average unit revenue was $279K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $107K – $281K
- 18th pct Health & Fitn…
- Avg gross sales
- $279K
- 9th pct Health & Fitn…
- Royalty
- N/A
- Units
- 2
- 11th pct Health & Fitn…
- SBA default
- 0.0%
- system-wide median varies by category
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
115% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $107K – $281K including a $55K franchise fee.
- Average unit revenue of $279K/year, with an estimated 115% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 37/100.
- Revenue data based on only 1 reporting unit. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- AWAT Fitness Inc.
- Ultimate parent
- None
- 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
- Alfred J. Lutfy, CPA
- Audited financials
- Franchisor revenue
- $279K
- vs $122K prior year
Overview
About
AWATFIT franchisees operate fitness facilities (likely boutique fitness or personal training studios) focused on specialized training or wellness services. Day-to-day operations include managing member enrollment, conducting fitness classes or training sessions, maintaining facility equipment, handling billing/membership administration, and ensuring compliance with franchisor standards and protocols.
- CEO
- Richard Decker
- Headquarters
- CO
- Founded
- 2019
- FDD year
- 2022
- States available
- 2
FDD Item 7 · 2022 filing · 14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| 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.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$84K
30.0% margin
Unlevered ROIC
39%
EBITDA / total invested capital
Payback
31 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $107K – $281K
- Better than avg vs category
- Liquid capital req'd
- $10K – $30K
- Better than avg vs category
- Franchise fee
- $55K – $250K
- Below avg, review vs category
- Royalty
- Greater of 6% of Gross Sales or Minimum Monthly Royalty F…
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
- Payback period
- 0.9 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Greater of 6% of Gross Sales or Minimum Monthly Royalty Fee Requirement |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $275 |
| Transfer fee | $15K |
| Renewal fee | $5K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $279K
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $223K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 115.1%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Company Owned Outlet
- Sample size
- 1 units
- vs category median 11 · small
- Range (low → high)
- $279K→$279K
- Cohort dispersion (min → max)
- Transparency
- 6 / 5
- vs category median 4 / 5 · above
Compared against 180 Health & Fitness brands
vs Health & Fitness averages
How Awatfit Compares
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
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 50%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 2
- Franchisor's next-year forecast
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
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Awatfit's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
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.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Alfred J. Lutfy, CPA
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
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 37 / 100 rating
- 01MINOROnly 2 operating units with unknown growth trajectory indicates an extremely underdeveloped franchise system with minimal proof of scalability
- 02HIGHNo Item 19 financial performance representations (Going Concern: False) means franchisor provides no earnings claims—claimed $222,978 net income cannot be independently verified
- 03MINORHigh 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
- 04MINORMinimal franchisee base (2 units) limits ability to validate realistic unit economics or identify systemic operational issues
- 05MINORWide investment range ($107k–$280.5k) suggests inconsistent build-out costs and undefined operational scope
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 | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Population |
| Protected territory | Yes |
| Territory population | 50,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Denver County, Colorado |
| Jury trial waiver | Yes |
| Governing law | Colorado |
| Litigation count | 0 |
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, Sag Harbor, New York, your Operating Territory or another AWATFIT location
- Time to open
- 3 mo
- From signing to launch
- POS system
- Glofox
- Operating tech stack
Items 5 & 11
Franchisor Support
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?
According to Item 19 of the AWATFIT FDD, the average gross sales per unit is $279K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
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 A-grade franchise with a risk score of 37 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
Are you the franchisor?
If you represent AWATFIT, you can request corrections or provide updated information.
Claim this brandOther Health & Fitness franchises
Compare similar franchise opportunities in the Health & Fitness category
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.