Conquer Ninja franchise
2025 filing · May 14, 2025Growing
Conquer Ninja at a glance
A ninja obstacle gym for children and adults offering classes, open gym, teams and party rentals. At the end of 2024 there were 12 Conquer Ninja locations in the US, 5 franchised and 7 company-owned, so most are run by the company itself.
The business
- Franchisor
- Conquer Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Burnsville, Minnesota
- Typical size
- 3,000–5,500 sq ft
What you pay
- Cost to open
- $360K–$598K
- Excluding real estate
- Franchise fee
- $45,000
- Paid once, when you sign
- Royalty
- 7%
- 7% of weekly gross sales, plus 3% to the brand fund
- Brand fund
- 3%
- 3% of gross sales, paid weekly
- Renewal fee
- See terms
- Twenty-five percent (25%) of our then- current Initial Franchise Fee
- Agreement length
- 7 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 12
- Franchised and company-owned
- Franchised
- 5
- Company-owned
- 7
- Change in 2 years
- +2
- Franchised locations, 2022–2024
- States
- 4
- Most in Minnesota, Arizona and North Dakota
From Conquer Franchising, LLC’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Conquer Ninja among all franchises with the same figure.
| Figure | Conquer Ninja | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $478,750 | Costs more than 62% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 12 | Fewer than 58% of franchises |
How much a Conquer Ninja franchise costs
Opening excluding real estate costs an estimated $360,000 to $597,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are furniture, fixtures, and equipment ($214,000 to $380,000) and additional funds and working capital for first 3 months ($50,000 to $95,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | $45,000 | |
| Initial Training Program Travel Costs | $1,500 | $3,500 | |
| Professional Fees Real Estate and Improvements | $1,500 | $5,000 | |
| Furniture, Fixtures, and Equipment | $214,000 | $380,000 | |
| Supplies | $7,500 | $10,000 | |
| Signs (including installation) | $5,000 | $13,000 | |
| Technology | $7,500 | $10,000 | |
| Insurance | $3,000 | $6,000 | |
| Grand Opening Advertising | $25,000 | ||
| Initial Refresh Deposit | $5,000 | ||
| Additional Funds and Working Capital for First 3 Months | $50,000 | $95,000 | |
| Total | $360,000 | $597,500 | |
Source: Conquer Franchising, LLC, 2025 filing, page 19
Conquer Ninja franchise fee
The franchise fee is $45,000. You pay it when you sign the franchise agreement.
Source: Conquer Franchising, LLC, 2025 filing, page 12
Royalty and ongoing fees
| Royalty | 7% of weekly gross sales, plus 3% to the brand fund. |
|---|---|
| Brand or marketing fund | 3% of gross sales, paid weekly. |
| Transfer Fee | Fifty percent (50%) of our then-current Initial Franchise Fee |
| Renewal Fee | Twenty-five percent (25%) of our then- current Initial Franchise Fee |
| Additional Training Fee | $400 per person |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Conquer Franchising, LLC, 2025 filing, page 13
Other fees as filed, from pages 14–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Conquer Ninja does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Conquer Franchising, LLC, 2025 filing, page 41
SBA loans to Conquer Ninja franchisees
Lenders approved 5 SBA 7(a) loans for Conquer Ninja franchisees from 2019 to 2024, $1.07M in all. All 3 that have ended were paid in full; none was charged off. The other 2 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Conquer Ninja compares
Of the 92 gym franchises on this site, Conquer Ninja is the 52nd cheapest to open and the 50th largest by number of locations.
| Figure | Conquer Ninja | Typical gym brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $360K | $342K | $222K |
| Cost to open, high end | $598K | $653K | $477K |
| Franchise fee | $45K | $50K | $40K |
| Royalty | 7% | 6.5% | 6% |
| Brand fund | 3% | 2% | 2% |
| US locations | 12 | 17 | 21 |
| Closed or left per year | 16.7% | 4.8% | – |
| Change in franchised locations, 2 yrs | +66.7% | +42.9% | – |
| Shares earnings figures | No | 53 of 92 | 2,147 of 3,352 |
Typical is the median across the 92 brands in gym franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 2 (−1) | 5 | 0 | −1 |
| 2023 | 3 (+1) | 6 | +1 | 0 |
| 2024 | 5 (+2) | 7 | – | – |
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 and franchise failure rates.
Source: Conquer Franchising, LLC, 2025 filing, page 42
Where Conquer Ninja locations are
At the end of 2024, Conquer Ninja had franchised locations in 4 states. The most are in Minnesota, Arizona and North Dakota.
- Minnesota2
- Arizona1
- North Dakota1
- Texas1
| State | Franchised |
|---|---|
| Minnesota | 2 |
| Arizona | 1 |
| North Dakota | 1 |
| Texas | 1 |
Source: Conquer Franchising, LLC, 2025 filing, page 43
Who owns Conquer Ninja?
Conquer Ninja franchises are sold by Conquer Franchising, LLC.
From Conquer Franchising, LLC’s 2025 filing.
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: Conquer Franchising, LLC, 2025 filing, litigation on page 12, bankruptcy on page 12
Conquer Ninja filings
The figures on this page come from Conquer Franchising, LLC’s 2025 filing, issued May 14, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | May 14, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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