Crazy Running franchise
2023 filing · May 9, 2023Growing
Crazy Running at a glance
A running program leading running, track and field and conditioning clinics for kids aged 3 to 14 and adults. At the end of 2022 there were 8 Crazy Running locations in the US, 6 franchised and 2 company-owned.
The business
- Franchisor
- Crazy Running Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Winston-Salem, North Carolina
What you pay
- Cost to open
- $13K–$22K
- Fee, build-out and opening working capital
- Franchise fee
- $10,000
- Paid once, when you sign
- Royalty
- 20%
- 20% of gross sales during the first five-year term and 12.5% on renewal; registrations run through the franchisor's website, which keeps its share and pays out the rest monthly
- Brand fund
- Yes
- Up to 2% of gross sales, if a fund is set up
- Agreement length
- 5 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 8
- Franchised and company-owned
- Franchised
- 6
- Company-owned
- 2
- Change in 3 years
- +4
- Franchised locations, 2020–2022
- States
- 3
- Most in North Carolina, Georgia and Maryland
From Crazy Running Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Crazy Running among all franchises with the same figure.
| Figure | Crazy Running | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $17,800 | Costs less than 99% of franchises |
| Franchise feePaid once, when you sign | $10,000 | Lower than 95% of franchises |
| RoyaltyShare of sales paid to the franchisor | 20% | Higher than 99% of brands with a set rate |
| US locationsFranchised and company-owned | 8 | Fewer than 65% of franchises |
How much a Crazy Running franchise costs
Opening one Crazy Running costs an estimated $13,400 to $22,200. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $20K.
The biggest costs are initial franchise fee ($10,000) and lease deposit and payment ($0 to $2,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $10,000 | ||
| Lease Deposit and Payment | $0 | $2,000 | |
| Utility Deposits | $0 | $500 | |
| Initial Inventory | $0 | $500 | |
| Furniture, Fixtures, & Equipment | $0 | $2,000 | |
| Leasehold Improvements/Buildout | $0 | ||
| Signage | $0 | $200 | |
| Insurance | $400 | $500 | |
| Technology Fee | $500 | ||
| Accounting and Legal Fees | $1,000 | $2,000 | |
| Travel and living expenses while training | $1,000 | $2,000 | |
| Additional Funds – 3 months | $500 | $2,000 | |
| Total | $13,400 | $22,200 | |
Source: Crazy Running Franchising, LLC, 2023 filing, page 12
Crazy Running franchise fee
The franchise fee is $10,000. You pay it when you sign the franchise agreement.
Source: Crazy Running Franchising, LLC, 2023 filing, page 9
Royalty and ongoing fees
| Royalty | 20% of gross sales during the first five-year term and 12.5% on renewal; registrations run through the franchisor's website, which keeps its share and pays out the rest monthly. |
|---|---|
| Brand or marketing fund | Up to 2% of gross sales, if a fund is set up. |
| Technology Fee | $500 |
| Franchise Transfer Fee | $2,000 |
| Additional Training | Our then-current fee, currently $200 per day, plus expenses |
| Local Advertising | Up to 2% of your Gross Sales2 if established. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Crazy Running Franchising, LLC, 2023 filing, page 10
Other fees as filed, from pages 10–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Crazy Running 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: Crazy Running Franchising, LLC, 2023 filing, page 32
Growth and closures
Share of franchised locations, 2022 / 2020–2022. Typical means the median: half of brands are above it, half below.
| Measure | Crazy Running | Typical sports brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +50% / +200% | +10% / +45% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 2.6% / 7.1% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 25% / 50% | 0% / 0% | 0% / 0% |
Typical sports brand is the median of the 48 brands in sports franchises with three years of counts.
How Crazy Running compares
Of the 120 sports franchises on this site, Crazy Running is the 2nd cheapest to open and the 68th largest by number of locations.
| Figure | Crazy Running | Typical sports brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $13K | $227K | $222K |
| Cost to open, high end | $22K | $442K | $477K |
| Franchise fee | $10K | $50K | $40K |
| Royalty | 20% | 7% | 6% |
| US locations | 8 | 15 | 21 |
| Shares earnings figures | No | 77 of 120 | 2,147 of 3,352 |
Typical is the median across the 120 brands in sports franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 4 (+2) | 1 | +2 | 0 |
| 2021 | 4 (0) | 1 | 0 | 0 |
| 2022 | 6 (+2) | 2 | +3 | −1 |
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: franchise failure rates.
Source: Crazy Running Franchising, LLC, 2023 filing, page 33
Where Crazy Running locations are
At the end of 2022, Crazy Running had locations in 3 states. The most are in North Carolina, Georgia and Maryland.
- North Carolina6
- Georgia1
- Maryland1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| North Carolina | 4 | 2 | 6 |
| Georgia | 1 | 0 | 1 |
| Maryland | 1 | 0 | 1 |
Source: Crazy Running Franchising, LLC, 2023 filing, page 34
Who owns Crazy Running?
Crazy Running franchises are sold by Crazy Running Franchising, LLC. Its filing names no parent company.
From Crazy Running Franchising, LLC’s 2023 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: Crazy Running Franchising, LLC, 2023 filing, litigation on page 9, bankruptcy on page 9
Crazy Running filings
The figures on this page come from Crazy Running Franchising, LLC’s 2023 filing, issued May 9, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | May 9, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other sports franchises
All sports franchises
Crazy Running is also on these lists: education franchises.