The Swing Bays vs F45 Training
Franchise Comparison 2026
Both The Swing Bays and F45 Training are recreation & entertainment franchises. The Swing Bays requires an investment of $246K – $999K while F45 Training requires $362K – $858K. In terms of revenue, The Swing Bays reports higher average unit revenue at $1.0M. Note: Company-owned outlets only - not franchisee performance; Based on a single outlet - not a system average. F45 Training has SBA lending data on file with a 6.2% charge-off rate. FranchiseVerdict rates The Swing Bays C (Average) and F45 Training D (Below average).
| Metric | The Swing Bays | F45 Training |
|---|---|---|
| Verdict Grade | CAverageAverage | DBelow averageBelow average |
| Investment Range | $246K – $999K | $362K – $858K |
| Franchise Fee | $40K | $60K |
| Royalty Rate | 6.0% | 7.0% |
| Average Revenue (Item 19) | $1.0MCompany-owned only · n=1 | $481K |
| SBA Charge-Off Rate | N/A | 6.2% (242 loans) |
| Total Units | 1 | 708 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2024 | 2015 |
| FDD Year | 2025 | 2026 |
Investment Range
$246K – $999K
$362K – $858K
Franchise Fee
$40K
$60K
Royalty Rate
6.0%
7.0%
Average Revenue (Item 19)
$1.0MCompany-owned only · n=1
$481K
SBA Charge-Off Rate
N/A
6.2% (242 loans)
Total Units
1
708
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2015
FDD Year
2025
2026