AWATFIT franchise
2022 filing · May 13, 2022GrowingShares sales figures
AWATFIT at a glance
A mobile gym run from a pickup truck that brings outdoor workouts, challenges and training to clients' homes, parks and events. At the end of 2021 there were 2 AWATFIT locations in the US, 1 franchised and 1 company-owned.
The business
- Franchisor
- AWAT Fitness Inc
- The company that sells the franchises
- Franchising since
- 2020
- 2 years of selling franchises
- Franchisor based in
- Denver, Colorado
What you pay
- Cost to open
- $107K–$281K
- A single territory
- Franchise fee
- $55,000
- For a territory of about 50,000 people
- Royalty
- 6%
- The greater of 6% of gross sales or a minimum monthly royalty that rises with time in business, paid monthly
- Brand fund
- None now
- Up to 2% of gross sales, not charged at present
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
Where it is
- US locations, 2021
- 2
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 1
- Change in 3 years
- +1
- Franchised locations, 2019–2021
- States
- 2
- Most in Florida and New York
From AWAT Fitness Inc’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
AWATFIT among all franchises with the same figure.
| Figure | AWATFIT | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $193,750 | Costs less than 70% of franchises |
| Franchise feePaid once, when you sign | $55,000 | Higher than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a AWATFIT franchise costs
Opening a single territory costs an estimated $107,000 to $280,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are estimated range from low to high initial franchise fee ($55,000) and AWATFIT truck ($6,500 to $55,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Estimated Range from Low to High Initial Franchise Fee | $55,000 | ||
| AWATFIT Truck | $6,500 | $55,000 | |
| Vehicle Equipment Package | $25,000 | ||
| Passive Partnership Program Fee | $0 | $30,000 | |
| Signs | $1,000 | $5,000 | |
| Computer, Software and Business Management System | $1,000 | $3,000 | |
| Insurance Deposits and Premiums | $500 | $3,000 | |
| Estimated Range from Low to High Professional Fees | $3,000 | $5,000 | |
| Business Licenses and Permits | $500 | $1,000 | |
| Marketing and Office Supplies | $500 | $1,000 | |
| Grand Opening Marketing Expense | $4,000 | $12,000 | |
| Roll Fast Media Setup Fee | $0 | $5,500 | |
| Regional Territory Option | $0 | $50,000 | |
| Additional Funds – Initial period of 3 months | $10,000 | $30,000 | |
| Total | $107,000 | $280,500 | |
Source: AWAT Fitness Inc, 2022 filing, page 18
AWATFIT franchise fee
The franchise fee is $55,000, for a territory of about 50,000 people. You pay it when you sign the franchise agreement.
Source: AWAT Fitness Inc, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | The greater of 6% of gross sales or a minimum monthly royalty that rises with time in business, paid monthly. |
|---|---|
| Brand or marketing fund | Up to 2% of gross sales, not charged at present. |
| Technology | Up to $500 per month, currently $275 per month |
| Transfer | $15,000 |
| Renewal | $5,000 |
| Additional Employee Initial Training | Our then current training fee, currently $300 per person per day |
| Franchisee Directed Local Marketing | 4% of Gross Sales per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: AWAT Fitness Inc, 2022 filing, page 13
Other fees as filed, from pages 13–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures AWATFIT publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: AWAT Fitness Inc, 2022 filing, page 45
How AWATFIT compares
Of the 139 mobile franchises on this site, AWATFIT is the 82nd cheapest to open and the 92nd largest by number of locations.
| Figure | AWATFIT | Typical mobile brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $107K | $96K | $222K |
| Cost to open, high end | $281K | $167K | $477K |
| Franchise fee | $55K | $35K | $40K |
| Royalty | 6% | 7% | 6% |
| US locations | 2 | 10 | 21 |
| Shares earnings figures | Yes | 91 of 139 | 2,147 of 3,352 |
Typical is the median across the 139 brands in mobile franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 1 | 0 | 0 |
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 1 (+1) | 1 | +1 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: fitness franchise costs, home-based franchises and franchise failure rates.
Source: AWAT Fitness Inc, 2022 filing, page 48
Where AWATFIT locations are
At the end of 2021, AWATFIT had locations in 2 states. The most are in Florida and New York.
- Florida1
- New York1
Source: AWAT Fitness Inc, 2022 filing, page 49
Who owns AWATFIT?
AWATFIT franchises are sold by AWAT Fitness Inc. Its filing names no parent company.
From AWAT Fitness Inc’s 2022 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: AWAT Fitness Inc, 2022 filing, litigation on page 10, bankruptcy on page 10
AWATFIT filings
The figures on this page come from AWAT Fitness Inc’s 2022 filing, issued May 13, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | May 13, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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