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| Brand | FRED ASTAIRE DANCE STUDIOS Health & Fitness Remove | Fly Fitness Health & Fitness Remove |
|---|---|---|
| Vitals | ||
Investment range | $296K – $658K | $332K – $618K |
Liquid capital | $50K – $70K | $21K – $43K |
Franchise fee | $35K | $50K |
Royalty rate | 7.0% | 7.0% |
Ad fund rate | 2.0% | 2.0% |
| Performance | ||
Avg gross sales | $777K | N/A |
Median gross sales | $639K | N/A |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 48 / 100 | 40 / 100 |
SBA charge-off rate | 6.1% | N/A |
SBA loans on record | 33 | 7 |
| Scale | ||
Total units | 261 | 4 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 1.5% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 5 |
Initial training (hrs) | 37 | 42 |
| Contacts | ||
Franchisee phones | 15 | 18 |
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