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Hydrogen Fitness Franchise Cost, Revenue & Review 2026

Health & FitnessCTFranchising since 2024
CAverageAverage38/100Editorial grade from public filings; not investment advice.
Investment
$983K – $2.8M
Disclosed sales
partial, no system average
SBA charge-off
Not SBA-matched

Investment, fees, disclosed sales, units, SBA record and risk, as one PDF. Free; no spam; one click to unsubscribe.

FV-01263FDD 2026Data QualityStandard76%
Manager-run OKYes: Protected territory

Data from FDD filing

Analysis by FranchiseVerdict Research · Methodology

Hydrogen Fitness is a wellness franchise offering hydrogen-water and recovery-focused fitness services. Franchisees run the studios, managing equipment, sessions, and memberships.

FranchiseVerdict summary · 2026

A Hydrogen Fitness franchise requires a total initial investment of $983K – $2.8M, including a $50K franchise fee and an ongoing 4.0% royalty[2]. The 2026 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →

Limited operating history: franchising since 2024. A system this young has fewer than three years of Item 20 outlet history and rarely enough SBA loans for a charge-off rate, so its grade rests on less evidence than an established system's. Read its Item 20 tables and talk to its first franchisees before relying on the grade. Other new franchisors

Sources, dates and evidence

FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months

Evidence: partial✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored6 of 6 headline figures on this page cite a page of the filing.

Overview

Investment
$983K – $2.8M
94th pct Health & Fitn…
Avg gross sales
N/A
Company-owned only2 outlets
Royalty
4.0%
0th pct Health & Fitn…
Units
2
10th pct Health & Fitn…
SBA charge-off
N/A

Quick verdict · Health & Fitness · color = vs category peers

Total Investment
$983K – $2.8M
Median $392K
above median ↑, worse than category
Franchise Fee
$50K – $50K
Median $50K
near median
Liquid Capital Req'd
$75K – $250K
Median $35K
above median ↑, worse than category
Avg Revenue
Partial, no system average
No system average in Item 19
Royalty Rate
4.0%
Median 7.0%
below median ↓, better than category
Ongoing Fees
6.0% of rev
Median 9.0%
below median ↓, better than category
SBA Charge-Off Rate
Not SBA-matched
Not matched to SBA 7(a) loans
System Size
2 units
Median 17 units
below median ↓, worse than category
Turnover Rate
N/A
Median 0.0%
Territory
Protected, not exclusive
Limits on the franchisor opening nearby; not an exclusive zone
Owner-Operator
Optional
Can hire a manager
Litigation
None disclosed
Clean record

Green = favorable by >10% vs Health & Fitness median · 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 $983K – $2.8M including a $50K franchise fee, 4.0% ongoing royalty.
  • RETURNSItem 19 reports income statement rather than annual gross sales, so unit revenue is not directly comparable.
  • RISKVerdict C (Average), verdict score 38/100 (higher is better).
  • GROWTHFlat: no net change in franchised outlets in the latest year (0 opened, 0 closed); 1 signed but not yet open (Item 20).
  • DATAItem 19 reports income statement rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.

Item 1 · who you're contracting with

The Franchisor

Corporate structure & franchisor financials
Legal entity
Hydrogen Franchising, LLC
CEO title
Chief Executive Officer
Andrew Pinon
Incorporated in
CT
HQ
67 Burnside Ave, East Hartford, CT 06108
Auditor
DA Advisory Group PLLC
Audited financials

Overview

About

CEO
Andrew Pinon
Headquarters
CT
Founded
2024
FDD year
2026
States available
1

Can you afford it, and what does the money buy?

Entry cost runs 383% above the typical health & fitness franchise.

Total investment (Item 7)$983K – $2.8MCited, not corroborated — printed on page 18 of the 2026 FDD (Item 7). Nothing else in our record independently restates or re-derives it.
Franchise fee$49,500Verified — printed on page 12 of the 2026 FDD (Item 5), and another item of the same filing prints the same figure on a labelled row, which is an independent restatement.
Royalty4.0%Cited, not corroborated — printed on page 14 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Ad fund2.0%Cited, not corroborated — printed on page 14 of the 2026 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Working capital$75K – $250K

Source: FDD 2026 · Items 5–7

Full Item 7 breakdown13 line items

Initial investment breakdown

Item 7 initial investment line items
Line itemLowHigh
Initial Franchise Feenot refundable$50K$50K
Leasehold Improvements$520K$1.3M
Rent - 3 Months$48K$285K
Signage$15K$25K
Opening Inventory Package$10K$15K
Equipment$200K$800K
Management and Technology System$10K$15K
Insurance$25K$25K
Travel and Living Expenses While Training$5K$5K
Grand Opening Marketing$15K$15K
Professional Fees$10K$10K
Business Permits and Licenses$1K$10K
Additional Funds - 3 Months$75K$250K
Total initial investment$984K$2.8M

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
$983K – $2.8M
Bottom third — review vs category
Liquid capital req'd
$75K – $250K
Bottom third — review vs category
Franchise fee
$50K – $50K
Middle of category vs category
Royalty
4.0%
Set by a formula · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Ongoing fees · Item 6

Hydrogen Fitness: Item 6 recurring fees
FeeAmount
Royalty4.0% of gross sales
Marketing / ad fund2.0%
Technology fee$150
Training fee$5K
Transfer fee$10K
Renewal fee$10K
Inventory (initial)$10K – $15K
Total fee load6.0% of rev

What do units actually make?

Avg gross salesNot extracted
Median gross salesNot extracted
Item 19 typeincome statement
Sample size2 outlets

Source: FDD 2026 · Item 19

ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Blue values = direct from FDD (Item 7 investment, Item 19 revenue, Item 6 fees)Not set = no filing supplies it and we will not substitute one. Enter your own

No Item 19 revenue figure for Hydrogen Fitness is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.

Returns model · single-unit ROIC

What would one Hydrogen Fitness unit return on the cash you put in?

From FDDNot set — you supply itYou overrode an FDD value
Revenue · per unit, per yearnot set
Item 19 not disclosed. Enter your own revenue assumption
Franchisor take · royalty + ad fundFDD
typ 6–8%
typ 3–5%
Operating costs · not in any FDDnot set

Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.

Total invested capital · what you put in to openFDD
FDD Item 7: $983K–$2.8M (midpoint used)
FDD reports $75K–$250K

Unlevered ROIC · per unit

Your modelled return on total invested capital, before any debt financing.

—

An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.


Store EBITDA · annual
—
EBITDA margin
—
Total invested
$2.1M
Payback
—
Single-unit 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 point.

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: 2026 FDD

Financial Performance

Company-owned outlets only - not franchisee performance

Based on only 2 outlets

Item 19 type
income statement
Sample size
2 outlets
vs category median 11 · small
Range (low → high)
$1.8M→$2.2MCited, not corroborated — printed on page 47 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Cohort dispersion (min → max)
Reporting year
2025
Fiscal year the figures cover
Source filing
FDD 2026
Disclosed in the 2026 filing, covering 2025
Transparency
6 / 10
vs category median 4 / 10 · above
Gross sales rank
No comparison data
Investment cost rank94th
Lower investment ranks lower (better)
Royalty rate rank0th
Lower royalty = lower percentile (better)
Unit count rank10th
vs Health & Fitness peers
Risk score rank82th
Lower risk = lower percentile (better)

Compared against 173 Health & Fitness brands

Showing the headline figures — all 135 extracted fields are in the Full FDD Report · $19 →

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 6.0% — below the Health & Fitness median of 9.0%.

Disclosure

Item 19 reports income statement rather than annual gross sales, so unit revenue is not directly comparable.

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 medians

How Hydrogen Fitness Compares

Metric
Hydrogen Fitness
Category median
vs median
Investment
$1.9M
$392Kmiddle half $226K–$620K · n=172
Above median, worse than category
Revenue
N/A
$477Kmiddle half $316K–$739K · n=65
N/A
Unit Count
2
17middle half 5–70 · n=171
Below median, worse than category

Category median of published Health & Fitness brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.

Is the system healthy?

Total units2Verified — printed on page 48 of the 2026 FDD (Item 20), and the table's own arithmetic closes on it two ways.

Source: FDD 2026 · Item 20

Unit growth

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
0
Turnover rate
N/A
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned

Last fiscal year · Item 20 exits and transfers

Signed, not yet open
1
0.50 per open outlet · Item 20 Table 5
Projected new
0
Franchisor's next-year forecast
2023
0
Franchised units
2024
0±0
Franchised units
2025
0±0
Franchised units

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.

What could kill this investment?

SBA charge-offNot SBA-matched
Verdict score38/100 (higher is better)
Litigation0 cases
Auditor going-concern doubtNo (favorable vs category)

Source: SBA 7(a) FOIA · FDD Items 3, 21

Risk analysis

FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21

Risk & Legal

CAverage38Verdict score 38/100

Pre-revenue-stage franchise system with minimal operating units, no published financials, and potential franchisor financial instability creating substantial validation and scalability risks.

Low confidence±15 pts
2353

Litigation (Item 3)

Subject: officers or affiliates. The franchisor is not a named party in these cases.

No litigation required to be disclosed

Bankruptcy (Item 4)

None disclosed

Audited financials (Item 21)

Yes · DA Advisory Group PLLC

Franchisor revenue (Item 21)

Yr 2: $0.0MNon-royalty: $0.0M

Franchisor entity revenue (not unit-level)

FY2025 total operating revenues were $0 (franchise fee income); the sole franchised outlet was not yet operational. FY2024 franchise fee income was $6,500. Plus $1,275 other income (credit card rewards) in 2025. Net loss $197,003 (2025) / $111,267 (2024). Company formed Jan 2024; only 2 years audited.

Supplier relationship · Items 8 & 16

  • Franchisor sells you products: Yes
  • Restricted to system-approved products: Yes

Score breakdown · what drove the 38 / 100 verdict

  1. 01MEDOnly 2 franchised units with unknown growth trajectory indicates extremely limited operating history and no proven scalability
  2. 02MEDHigh investment range ($983K-$2.8M) against only 2 reference locations creates severe due diligence risk and limited comparables
  3. 03MINORRoyalty structure (greater of 4% or $1,000/month) provides minimal franchisor revenue from only 2 units, questioning business model viability

Severity inferred from the FDD text · not a regulatory classification

Showing the headline figures — all 135 extracted fields are in the Full FDD Report · $19 →

What are you signing up for?

Ongoing fees run about 6.0% of sales (royalty + ad fund), before rent and labor.

Initial term10 yrs
Renewal term5 yrs
TerritoryProtected, not exclusive
Initial training88 hrs

Source: FDD 2026 · Items 11, 12, 17

FDD Items 12, 15, 17 · continued from Risk & Legal

Contract & Territory Detail

Initial term10 years
Renewal term5 years
Allowed renewalsℹ2
Territory typeProtected territory
Protected territoryYes
Exclusive territoryℹNo
Territory radius2 mi
Online sales rightsℹRestricted
Franchisor can competeYes
Hire a manager?Allowed
Owner-operatorOptional
Non-compete (years)ℹ2 years
Non-compete (miles)ℹ25 mi
Right of first refusalℹNo
Transfer requires consentYes
Termination notice30 days
Mandatory arbitrationYes
Arbitration locationFairfield County, Connecticut
Jury trial waiverNo
Governing lawCT
Litigation count0
View Item 3 litigation summary

No litigation required to be disclosed

Items 10, 11

Training & Operations

Classroom training
56 hrs
On-the-job training
32 hrs
Training location
Franchisor headquarters or designated location
Ongoing training
Required
Time to open
9 mo
From signing to launch
Site selection
Franchisee selects, franchisor approves
Franchisor financing
Not offered
Item 10

Items 5 & 11

Franchisor Support

✓Site selection assistance
✓Grand opening support
✗Lease negotiation help

Frequently asked questions

Frequently Asked Questions

How much does it cost to open a Hydrogen Fitness franchise?

The total investment to open a Hydrogen Fitness franchise ranges from $983K – $2.8M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).

What do Hydrogen Fitness franchise owners earn?

Item 19 of the Hydrogen Fitness FDD discloses outlet figures from $1.8M to $2.2M but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.

Who owns Hydrogen Fitness?

Hydrogen Fitness is franchised by Hydrogen Franchising, LLC. Source: FDD Item 1, 2026 filing.

What is Item 19 in the Hydrogen Fitness 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 Hydrogen Fitness FDD and qualifies whose outlets they describe.

What is Hydrogen Fitness's franchise failure rate?

SBA 7(a) loan charge-off data is not available for Hydrogen Fitness (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 Hydrogen Fitness franchise locations are there?

As of their most recent FDD filing, Hydrogen Fitness has 2 total units in the United States.

Is Hydrogen Fitness a good franchise to buy?

FranchiseVerdict rates Hydrogen Fitness as a C-grade franchise with a verdict score of 38 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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 Hydrogen Fitness, 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.