FranchiseVerdict
FITNESS 1440 logo
FV-00947·MODERATEExcellent81

Fitness 1440

Health & FitnessFranchising since 2011Website
Investment
$369K – $1.9M
68th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
Units
36
65th pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $369K – $1.9M including a $50K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 26 loans (below the industry average).
  • System contracting at -11.4% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
FITNESS 1440, INC.
Incorporated in
Pennsylvania
HQ
870 East Williams Field Road, Gilbert, AZ 85295
Auditor
Bielau, Tierney, Coon & Company, P.C.
Audited financials
Franchisor revenue
$1.2M
vs $1.3M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one FITNESS 1440 unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: fitness
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $369K–$1.9M
Working capital
$
FDD reports $45K–$150K

Unlevered ROIC · per unit

18%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$225K
EBITDA margin
30.0%
Total invested
$1.3M
Payback
67 mo
Unit-level 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 Yale describes.

Overview

About

FITNESS 1440 franchisees operate 24-hour fitness facilities offering gym access, group classes, personal training, and wellness services. Day-to-day operations include facility management, staff hiring/training, member retention programs, equipment maintenance, and marketing to drive recurring membership revenue.

CEO
Steven Beach
Founded
2009
FDD year
2023
States available
10

Item 7 · what it costs

The Vitals

Total investment
$369K – $1.9M
All-in to open one unit
Liquid capital
$45K – $150K
Cash you must have on hand
Franchise fee
$50K
Royalty
the greater of 6% of Gross Sales or $2,495 per month
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
36
Opened
2
Last reporting year
Closed
3
Turnover rate
8.3%
Company-owned
5
Corporate units in the system
% franchised
86%
vs corporate-owned
Multi-unit owners
12.5%
Net growth (yr3)
-6.1%
Net unit change last year
3-yr CAGR
-11.4%
Compounded over last 3 years
2021
31-1
Franchised units
2022
33
Franchised units
2023
35
Franchised units

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

Item 20 · 13 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 13 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
26
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Declining system with significant capital requirements, zero performance transparency, and insufficient evidence of franchisee profitability creates substantial investment risk.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINORSystem shrinking 6.1% YoY (36 units) indicates declining franchisee success and brand momentum
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and unit economics assessment
  3. 03MINORHigh capital requirement ($369K-$1.9M) combined with declining unit count suggests poor franchisee profitability
  4. 04MINORDual royalty structure (6% or $2,495/month minimum) creates cash flow pressure, especially for underperforming locations
  5. 05MINOR10-year term lock-in is lengthy given system contraction and lack of performance transparency
  6. 06MINORFitness industry highly competitive with low barriers to entry; franchise model advantages unclear

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Arizona

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
20 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

21 numbers

Locked
(404) 360-••••
Brandon Wilkinson HERO FIT GEORGIA LLC Dallas,
GA
(678) 770-••••
GACO FITNESS LLC Robbie Warren Byron Gatewood
GA
(601) 397-••••
Flint Minshew
MS

One-time purchase · CSV download · Validation questions included

FDD download

FITNESS 1440 · FDD (2023) PDF

Single-page checkout · instant download · CSV export of contacts available separately above