Hydrogen FitnessFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Hydrogen Fitness franchise requires a total initial investment of $983K – $2.8M, including a $50K franchise fee. Per the 2026 FDD, average unit revenue was $2.0M[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $983K – $2.8M
- 94th pct Health & Fitn…
- Avg gross sales
- $2.0M
- 56th pct Health & Fitn…
- Royalty
- N/A
- Units
- 2
- 11th 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
Started franchising in 2024. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $983K – $2.8M including a $50K franchise fee.
- Average unit revenue of $2.0M/year, with an estimated 7% cash-on-cash return (based on P&L Bottom Line).
- Verdict B (Above Average) with a risk score of 57/100.
- Revenue data based on only 2 reporting units. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Hydrogen Franchising, LLC
- Incorporated in
- CT
- HQ
- 67 Burnside Ave, East Hartford, CT, 06108
- Auditor
- DA Advisory Group PLLC
- Audited financials
- Franchisor revenue
- $7K
- vs $0 prior year
Overview
About
Hydrogen Fitness franchisees operate boutique fitness facilities offering hydrogen-based wellness and fitness services. Day-to-day operations include managing facility memberships, scheduling classes, training staff, handling maintenance of specialized equipment, and managing the member experience across both fitness and hydrogen therapy offerings.
- CEO
- Andrew Pinon
- Founded
- 2024
- FDD year
- 2026
- States available
- 1
FDD Item 7 · 2026 filing · 13 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| 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.
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
$597K
30.0% margin
Unlevered ROIC
29%
EBITDA / total invested capital
Payback
3.4 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $983K – $2.8M
- Below avg, review vs category
- Liquid capital req'd
- $75K – $250K
- Below avg, review vs category
- Franchise fee
- $50K – $50K
- Near category avg vs category
- Royalty
- the greater of 4% of Gross Revenue or $1,000 per month
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
- Payback period
- 15.1 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $150 |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $2.0M
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $125K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 6.6%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Historical Company-Owned Outlets
- Sample size
- 2 units
- vs category median 11 · small
- Range (low → high)
- $1.8M→$2.2M
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
- Transparency
- 7 / 5
- vs category median 4 / 5 · above
Compared against 180 Health & Fitness brands
vs Health & Fitness averages
How Hydrogen Fitness Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
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
Pre-revenue-stage franchise system with minimal operating units, no published financials, and potential franchisor financial instability creating substantial validation and scalability risks.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · DA Advisory Group PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 57 / 100 rating
- 01MEDOnly 2 franchised units with unknown growth trajectory indicates extremely limited operating history and no proven scalability
- 02MINORNo Item 19 financial performance representation despite average revenues of $1.99M suggests franchisor is unwilling to substantiate earnings claims publicly
- 03MEDHigh investment range ($983K-$2.8M) against only 2 reference locations creates severe due diligence risk and limited comparables
- 04HIGHGoing Concern status is FALSE — potential financial instability at franchisor level raises sustainability concerns
- 05MINORRoyalty 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
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 |
| 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 | Yes |
| Jury trial waiver | Yes |
| Governing law | Connecticut |
| Litigation count | 0 |
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
- On-site and corporate
- Ongoing training
- Required
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
1 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Hydrogen Fitness · FDD (2026) PDF
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?
According to Item 19 of the Hydrogen Fitness FDD, the average gross sales per unit is $2.0M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
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, including 0 franchised units and 2 company-owned units.
Is Hydrogen Fitness a good franchise to buy?
FranchiseVerdict rates Hydrogen Fitness as a B-grade franchise with a risk score of 57 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.