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| Brand | USA Ninja Challenge Health & Fitness Remove | NexGen Fitness Health & Fitness Remove |
|---|---|---|
| Vitals | ||
Investment range | $413K – $644K | $209K – $856K |
Liquid capital | $60K – $60K | $30K – $90K |
Franchise fee | $60K | $35K |
Royalty rate | 7.5% | 7.0% |
Ad fund rate | 1.5% | 1.3% |
| Performance | ||
Avg gross sales | $304K | N/A |
Median gross sales | $261K | 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 | BAbove Average |
Risk score | 32 / 100 | 59 / 100 |
SBA charge-off rate | 12.5% | N/A |
SBA loans on record | 31 | N/A |
| Scale | ||
Total units | 32 | 18 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 5.6% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 122 | 26 |
| Contacts | ||
Franchisee phones | 56 | 44 |
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