BASH BoxingFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A BASH Boxing franchise requires a total initial investment of $450K – $1.6M, including a $40K franchise fee and an ongoing 7.5% royalty[2]. Per the 2024 FDD, average unit revenue was $700K[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $450K – $1.6M
- 80th pct Health & Fitn…
- Avg gross sales
- $700K
- 37th pct Health & Fitn…
- Royalty
- 7.5%
- 54th pct Health & Fitn…
- Units
- 4
- 21st 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
At 0.7x revenue per dollar invested, this system underperforms the typical 1.5-2.5x range.
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
62% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $450K – $1.6M including a $40K franchise fee, 7.5% ongoing royalty.
- Average unit revenue of $700K/year (median $727K), with an estimated 62% cash-on-cash return (based on P&L Bottom Line).
- Verdict B (Above Average) with a risk score of 59/100.
- Emerging franchise: only 3 years of franchising with 4 units. Early-stage systems carry higher risk but may offer better territory availability.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- BASH Boxing Franchising LLC
- Parent company
- STAPS Holdings LLC
- CEO title
- Chief Executive Officer and Member-Manager
- Alexandra Trakas
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- VA
- HQ
- 2020 Pennsylvania Avenue NW, Suite 1210, Washington, DC 20006
- Auditor
- Plante & Moran, PLLC
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Overview
About
BASH Boxing franchisees operate boutique boxing fitness studios offering high-intensity group classes, personal training, and conditioning programs. Day-to-day operations include class instruction, member management, facility maintenance, coaching staff supervision, and revenue generation through memberships, class packages, and retail sales.
- CEO
- Alexandra Trakas
- Headquarters
- DC
- Founded
- 2021
- FDD year
- 2024
- States available
- 1
FDD Item 7 · 2024 filing · 29 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $40K | $40K | |
| Lease | $8K | $40K | |
| Utility Deposits | $0 | $1K | |
| Architect Fees & Construction Costs | $260K | $1.3M | |
| Training Expenses | $5K | $8K | |
| Business Licenses and Permits | $500 | $2K | |
| Business Insurance | $4K | $7K | |
| Initial Inventory | $15K | $19K | |
| Computer Hardware and Software | $4K | $7K | |
| Furniture, Fixtures, and Equipment | $55K | $66K | |
| Signage | $8K | $12K | |
| Grand Opening Marketing Program | $25K | $40K | |
| Professional Fees | $500 | $2K | |
| Additional Funds (3 months) | $25K | $40K | |
| Development Fee | $70K | $70K | |
| Additional Initial Franchise Fees (Development Agreement) | $40K | $40K | |
| Lease (Development Agreement - 3 Studios) | $25K | $120K | |
| Utility Deposits (Development Agreement - 3 Studios) | $0 | $3K | |
| Architect Fees & Construction Costs (Development Agreement - 3 Studios) | $780K | $3.8M | |
| Training Expenses (Development Agreement - 3 Studios) | $15K | $24K | |
| Total initial investment | $1.8M | $6.2M |
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
$200K
28.5% margin
Unlevered ROIC
19%
EBITDA / total invested capital
Payback
5.2 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $450K – $1.6M
- Below avg, review vs category
- Liquid capital req'd
- $25K – $40K
- Near category avg vs category
- Franchise fee
- $40K – $40K
- Better than avg vs category
- Royalty
- 7.5%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.5%
- vs 9–13% typical
- Payback period
- 1.6 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.5% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $700 |
| Training fee | $5K |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 9.5% of rev |
Financial Performance
- Avg gross sales
- $700K
- Per unit, per year
- Median gross sales
- $727K
- Avg p&l bottom line
- $627K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 62.2%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Historical Performance
- Sample size
- 3 units
- vs category median 11 · small
- Range (low → high)
- $512K→$861K
- Cohort dispersion (min → max)
- Transparency
- 7 / 5
- vs category median 4 / 5 · above
Compared against 180 Health & Fitness brands
Revenue is only 0.7x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Health & Fitness averages
How BASH Boxing Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 4
- 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
- 3
- Corporate units in the system
- % franchised
- 25%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 0
- Franchisor's next-year forecast
- Ceased ops
- 25.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state 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.
1
states with franchisees (per FDD Item 12)
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
Early-stage boxing franchise with opaque financial performance data, minimal unit base, franchisor financial concerns, and undocumented cost drivers — suitable only for investors with high risk tolerance and strong due diligence capability.
Litigation (Item 3)
No litigation required to be disclosed in Item 3
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Plante & Moran, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- 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 59 / 100 rating
- 01MINOROnly 4 franchised units with unknown growth trajectory suggests minimal system traction and scalability concerns
- 02MEDNo Item 19 (Financial Performance Representations) disclosed — cannot verify if average revenue/net income figures are typical or outliers
- 03HIGHGoing Concern status is False, indicating potential financial instability at franchisor level that could affect support and survival
- 04MINORWide investment range ($450K-$1.56M) with vague cost breakdown suggests high variability and unclear unit economics
- 05MINOR7.5% royalty on adjusted gross sales creates revenue recognition disputes and unclear payment calculation methodology
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 | 2 |
| Territory type | Radius/Area |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Virginia |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 47 hrs
- On-the-job training
- 63 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 10 mo
- From signing to launch
- POS system
- Mariana Tek
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Mariana Tek
Item 20 · call current owners
Franchisee Contacts
2 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
BASH Boxing · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a BASH Boxing franchise?
The total investment to open a BASH Boxing franchise ranges from $450K – $1.6M, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do BASH Boxing franchise owners earn?
According to Item 19 of the BASH Boxing FDD, the average gross sales per unit is $700K. The median is $727K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is BASH Boxing's franchise failure rate?
SBA 7(a) loan charge-off data is not available for BASH Boxing (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 BASH Boxing franchise locations are there?
As of their most recent FDD filing, BASH Boxing has 4 total units in the United States, including 3 franchised units and 3 company-owned units. 1 new units were opened in the latest reporting year.
Is BASH Boxing a good franchise to buy?
FranchiseVerdict rates BASH Boxing as a B-grade franchise with a risk score of 59 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.
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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.