Farrell’s Extreme Bodyshaping Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Farrell's Extreme Bodyshaping is a fitness franchise offering 10-week transformation programs combining kickboxing, strength training, and nutrition coaching. Franchisees run the studios, managing coaches, classes, and member results.
FranchiseVerdict summary · 2026
A FARRELL’S EXTREME BODYSHAPING franchise requires a total initial investment of $151K – $349K, including a $40K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 10.5% charge-off rate across 28 loans[1]. FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $151K – $349K
- 26th pct Health & Fitn…
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 44
- 68th pct Health & Fitn…
- SBA charge-off
- 10.5%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Health & Fitness · color = vs category peers
Green = favorable by >10% vs Health & Fitness avg · 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 $151K – $349K including a $40K franchise fee.
- RETURNSTotal revenues of $3,617,577 (FY2024) comprise royalties $1,496,254, technology fees $415,333, ENE fees $411,381, call center fees $410,563, brand fund fees $289,059, transfer and termination fees $246,271, franchise fees $139,920, other franchise related fees $109,874, and rebate income $98,922. Franchisor reports a member's deficit (negative net worth) of $(285,276).
- RISKVerdict D (Below average), verdict score 31/100 (higher is better). SBA loan charge-off rate of 10.5% across 28 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAG3 units terminated last reporting year (6.8% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- FIT FRANCHISE BRANDS, LLC
- Parent company
- Max Transformation Holdings, LLC
- Predecessor
- Farrell's eXtreme Bodyshaping, Inc.
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Bryan Klein
- Incorporated in
- NJ
- HQ
- Justin Corporate Center, Bldg. 2 #400, 200 Route 9 North, Manalapan, New Jersey 07726
- Auditor
- Citrin Cooperman & Company, LLP
- Audited financials
- Franchisor revenue
- $3.6M
- vs $1.9M prior year
Affiliated brands
- MAX IP
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Bryan Klein
- Headquarters
- NJ
- Founded
- 2013
- FDD year
- 2025
- States available
- 8
Can you afford it, and what does the money buy?
Entry cost runs 56% below the typical health & fitness franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $40K | $40K | |
| Training Fee | $15K | $15K | |
| Pre-Registration Office | $0 | $5K | |
| Opening Advertising-Enrollment/First Three Months Local Advertising Expenditures | $27K | $27K | |
| Computer Equipment | $6K | $8K | |
| Grand Opening and Initial Inventory | $4K | $5K | |
| Insurance | $500 | $2K | |
| Signage | $6K | $18K | |
| Equipment and Furnishings | $23K | $38K | |
| Prepaid Rent and Security Deposit | $5K | $20K | |
| Leasehold Improvements/Fit out | $8K | $115K | |
| Utility Deposits | $1K | $2K | |
| Licenses and Permits; Fictitious Name Registration and/or Incorporation and Legal Review | $2K | $5K | |
| Initial Training Expenses; Travel, Lodging, Meals, etc. for Initial Training | $200 | $5K | |
| Additional Funds | $15K | $45K | |
| Total initial investment | $151K | $349K |
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
- $151K – $349K
- Top 40% of category vs category
- Liquid capital req'd
- $15K – $45K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Top 40% of category vs category
- Royalty
- Greater of 7.5% of gross revenues or monthly minimum roya…
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Monthly minimum: $600 (months 1-12), $1,100 (months 12-120) |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $599 |
| Training fee | $15K |
| Transfer fee | $20K |
| Renewal fee | $20K |
| Inventory (initial) | $4K – $5K |
| Total fee load | 9.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
FARRELL’S EXTREME BODYSHAPING did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one FARRELL’S EXTREME BODYSHAPING unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
82%
Above the 30–60% band. Verify revenue is per-unit average
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: 2025 FDD
Financial Performance
Total revenues of $3,617,577 (FY2024) comprise royalties $1,496,254, technology fees $415,333, ENE fees $411,381, call center fees $410,563, brand fund fees $289,059, transfer and termination fees $246,271, franchise fees $139,920, other franchise related fees $109,874, and rebate income $98,922. Franchisor reports a member's deficit (negative net worth) of $(285,276).
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 9.0% (near the Health & Fitness average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System contracting at -12.0% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
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 averages
How Farrell’s Extreme Bodyshaping Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 44
- Opened
- 1
- Last reporting year
- Closed
- 0
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 29.5%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -12.0%
- Net unit change over 3 years
- 3-yr CAGR
- -12.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 3
- Closed (3yr)
- 10
- Terminated (3yr)
- 3
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 14
- Reacquired (3yr)
- 1
- Franchisor bought back
- Termination rate
- 5.8%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 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
- 28
- Loan volume
- $5.6M
- Median loan
- $200K
- average
- Charge-off rate
- 10.5%
- 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
- 50.0%
- Loans approved 2021+
- Active lenders
- 14
- Defaults
- 2
- Typical loan rate
- 6.8%
- avg rate to borrowers
- vs industry
- N/A
- Jobs supported
- 294
- Lender concentration
- N/A
Borrower mix: 31% went to startups / new businesses, 69% to established operators
Top lenders financing Farrell’s Extreme Bodyshaping franchisees
Showing 3 of 14 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Farrell’s Extreme Bodyshaping's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 5 lenders with concentration factor
- Per-state charge-off rates across 7 states
- Startup risk premium and job creation velocity
- 11-year lending trend
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 10.5% — 34% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Declining franchisee base, withheld financial performance data, and high investment requirements relative to system size create meaningful profitability uncertainty.
Litigation (Item 3)
No litigation required to be disclosed in Item 3.
Largest disclosed settlement: $40,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Citrin Cooperman & Company, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 31 / 100 verdict
- 01MINORDeclining unit count (-4.3% YoY) indicates system contraction and potential market saturation or operational challenges
- 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment and suggests franchisor may be withholding unfavorable performance data
- 03MEDHigh initial investment range ($151k-$349k) combined with undisclosed profitability creates significant financial risk with unclear return potential
- 04MINORMandatory monthly minimums ($600-$1,100) create fixed costs even during low-revenue periods, reducing franchisee flexibility
- 05MINORFitness/bodyshaping market is highly competitive with low barriers to entry; many direct competitors operate without franchise model
- 06MINOR44-unit system is relatively small, limiting brand recognition, marketing leverage, and support infrastructure
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 2 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| 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 |
| Curable defaultsℹ | 5 |
| Mandatory arbitration | Yes |
| Arbitration location | New Jersey |
| Jury trial waiver | Yes |
| Governing law | NJ |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 40 hrs
- On-the-job training
- 5 hrs
- Training location
- Monmouth, Middlesex, or Ocean County, New Jersey
- Ongoing training
- Required
- Site selection
- Franchisee selects, franchisor approves
- Franchisor financing
- Not offered
- Item 10
- POS system
- ClubReady
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: ClubReady
Item 20 · call current owners
Franchisee Contacts
43 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FARRELL’S EXTREME BODYSHAPING · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FARRELL’S EXTREME BODYSHAPING franchise?
The total investment to open a FARRELL’S EXTREME BODYSHAPING franchise ranges from $151K – $349K, 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 FARRELL’S EXTREME BODYSHAPING franchise owners earn?
FARRELL’S EXTREME BODYSHAPING 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 Item 19 in the FARRELL’S EXTREME BODYSHAPING 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 FARRELL’S EXTREME BODYSHAPING FDD and qualifies whose outlets they describe.
What is FARRELL’S EXTREME BODYSHAPING's franchise failure rate?
Based on SBA 7(a) loan data, FARRELL’S EXTREME BODYSHAPING has a charge-off rate of 10.5% across 28 loans, meaning 10.5% 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 FARRELL’S EXTREME BODYSHAPING franchise locations are there?
As of their most recent FDD filing, FARRELL’S EXTREME BODYSHAPING has 44 total units in the United States, including 44 franchised units and 0 company-owned units. 1 new units were opened in the latest reporting year.
Is FARRELL’S EXTREME BODYSHAPING a good franchise to buy?
FranchiseVerdict rates FARRELL’S EXTREME BODYSHAPING as a D-grade franchise with a verdict score of 31 out of 100 (higher is better), 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 FARRELL’S EXTREME BODYSHAPING, you can request corrections or provide updated information.
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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.