Burn Boot CampFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Burn Boot Camp franchise requires a total initial investment of $282K – $645K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $681K[2]. SBA 7(a) loans show a 2.2% charge-off rate across 142 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $282K – $645K
- 55th pct Health & Fitn…
- Avg gross sales
- $681K
- 36th pct Health & Fitn…
- Royalty
- 6.0%
- 8th pct Health & Fitn…
- Units
- 365
- 94th pct Health & Fitn…
- SBA default
- 2.2%
- 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
25% cash-on-cash return (based on P&L Bottom Line). Within the 15-30% range most franchise investors consider acceptable.
Bottom line
- Total investment $282K – $645K including a $60K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $681K/year (median $638K), with an estimated 25% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 40/100. SBA loan charge-off rate of 2.2% across 142 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Kline Franchising, Inc.
- Parent company
- Burn Holdings, LLC
- Incorporated in
- NC
- HQ
- 17036 Kenton Dr., Suite 100, Cornelius, North Carolina 28031
- Auditor
- BGW CPA, PLLC
- Audited financials
- Franchisor revenue
- $21.4M
- vs $25.5M prior year
Overview
About
Franchisees operate high-intensity interval training (HIIT) fitness studios, managing group fitness classes, personal training services, and member retention programs. Day-to-day responsibilities include staff scheduling, class instruction/oversight, member acquisition and retention marketing, facility maintenance, and managing recurring membership revenue typically ranging $99-199/month per member.
- CEO
- Morgan Kline
- Headquarters
- NC
- Founded
- 2014
- FDD year
- 2025
- States available
- 39
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $10K | $30K |
| Equipment, build-out, other | $212K | $555K |
| Total initial investment | $282K | $645K |
Source: Burn Boot Camp 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$204K
30.0% margin
Unlevered ROIC
42%
EBITDA / total invested capital
Payback
28 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $282K – $645K
- Near category avg vs category
- Liquid capital req'd
- $10K – $30K
- Better than avg vs category
- Franchise fee
- $39K – $60K
- Below avg, review vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
- Payback period
- 4.1 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $860 |
| Transfer fee | $13K |
| Renewal fee | $0 |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $681K
- Per unit, per year
- Median gross sales
- $638K
- Avg p&l bottom line
- $114K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 24.7%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Historical Financial Performance
- Sample size
- 278 units
- vs category median 11 · large
- Range (low → high)
- $147K→$1.6M
- Cohort dispersion (min → max)
- Transparency
- 7 / 5
- vs category median 4 / 5 · above
Compared against 180 Health & Fitness brands
vs Health & Fitness averages
How Burn Boot Camp Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 365
- Opened
- 29
- Last reporting year
- Closed
- 6
- Turnover rate
- 1.6%
- Company-owned
- 9
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (yr3)
- +6.3%
- Net unit change last year
- 3-yr CAGR
- +12.7%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 23
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 38 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.
- Total loans
- 142
- Loan volume
- $43.1M
- Median loan
- $303K
- average
- Charge-off rate
- 2.2%
- 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
- 2.9%
- Loans approved 2021+
- Active lenders
- 47
- Defaults
- 1
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Burn Boot Camp presents moderate-to-cautionary risk: regulatory history, slow unit growth, undocumented financial claims, and thin margins relative to investment size warrant deeper franchisee validation before committing.
Audited financials (Item 21)
Yes · BGW CPA, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 40 / 100 rating
- 01HIGH2016 litigation for unregistered franchise sales in Virginia shows regulatory compliance issues and raises questions about disclosure practices across other states
- 02MINORModest unit growth of 6.3% YoY is sluggish for fitness/wellness sector; suggests market saturation or brand maturation challenges
- 03MINORNo Item 19 (Financial Performance Representations) in FDD limits ability to validate the stated $114,287 average net income figure
- 04MINORHigh initial investment ($281K-$645K) against $114K average net income yields 2.5-5.6 year payback period with thin margins
- 05MINOR6% royalty on gross revenues (not net) creates cash flow pressure during slow months; combined with overhead-heavy fitness model, profitability is vulnerable
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 | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius based on population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| 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 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | North Carolina |
| Litigation count | 1 |
Items 10, 11
Training & Operations
- Classroom training
- 62 hrs
- On-the-job training
- 64 hrs
- POS system
- Not specified
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Not specified
Item 20 · call current owners
Franchisee Contacts
411 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Burn Boot Camp · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Burn Boot Camp franchise?
The total investment to open a Burn Boot Camp franchise ranges from $282K – $645K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Burn Boot Camp franchise owners earn?
According to Item 19 of the Burn Boot Camp FDD, the average gross sales per unit is $681K. The median is $638K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Burn Boot Camp's franchise failure rate?
Based on SBA 7(a) loan data, Burn Boot Camp has a charge-off rate of 2.2% across 142 loans, meaning 2.2% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Burn Boot Camp franchise locations are there?
As of their most recent FDD filing, Burn Boot Camp has 365 total units in the United States, including 316 franchised units and 9 company-owned units. 29 new units were opened in the latest reporting year.
Is Burn Boot Camp a good franchise to buy?
FranchiseVerdict rates Burn Boot Camp as a A-grade franchise with a risk score of 40 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 Burn Boot Camp, 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.