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FranchiseVerdict

F45 Training vs Tee Box

Franchise Comparison 2026

Both F45 Training and Tee Box are recreation & entertainment franchises. F45 Training requires an investment of $362K – $858K while Tee Box requires $496K – $798K. In terms of revenue, F45 Training reports higher average unit revenue at $481K. F45 Training has SBA lending data on file with a 6.2% charge-off rate. FranchiseVerdict rates F45 Training D (Below average) and Tee Box B (Above average).

Investment Range
$362K – $858K
$496K – $798K
Franchise Fee
$60K
$50K
Royalty Rate
7.0%
8% of gross sales for non-golf-club activities; 5% of gross sales for golf club product sales and golf club fitting services
Average Revenue (Item 19)
$481K
$282KCompany-owned only
SBA Charge-Off Rate
6.2% (242 loans)
Limited data
Total Units
708
5
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2015
2024
FDD Year
2026
2025