Ninja Nation franchise
2024 filing · March 22, 2024GrowingShares sales figures
Ninja Nation at a glance
An obstacle course arena where kids and adults play, train and compete ninja-style. At the end of 2023 there were 7 Ninja Nation locations in the US, 4 franchised and 3 company-owned.
The business
- Franchisor
- Ninja Nation Fitness Group, LLC
- The company that sells the franchises
- Franchising since
- 2019
- 5 years of selling franchises
- Franchisor based in
- Castle Pines, Colorado
What you pay
- Cost to open
- $1.18M–$1.97M
- Fee, build-out and opening working capital
- Franchise fee
- $49,500
- Paid once, when you sign
- Royalty
- 7%
- 7% of weekly gross revenue
- Brand fund
- None now
- Up to 2% of weekly gross revenue; not charged at present
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 7
- Franchised and company-owned
- Franchised
- 4
- Company-owned
- 3
- Change in 3 years
- +3
- Franchised locations, 2021–2023
- States
- 4
- Most in Colorado, Texas and Arizona
Support and records
From Ninja Nation Fitness Group, LLC’s 2024 filing; revenue and net income from its audited financial statements, page 73; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Ninja Nation among all franchises with the same figure.
| Figure | Ninja Nation | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,575,500 | Costs more than 90% of franchises |
| Franchise feePaid once, when you sign | $49,500 | Higher than 64% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 7 | Fewer than 66% of franchises |
How much a Ninja Nation franchise costs
Opening one Ninja Nation costs an estimated $1,183,500 to $1,967,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are arena equipment and set-up ($600,000 to $850,000) and leasehold improvements ($250,000 to $650,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| To be made Initial Franchise Fee | $49,500 | ||
| Lease, Utility & Security Deposits | $5,000 | $25,000 | |
| Professional Fees | $35,000 | ||
| Leasehold Improvements | $250,000 | $650,000 | |
| Project Management Fee | $25,000 | ||
| Facility Occupancy Costs (3 Months) | $0 | $75,000 | |
| Signage & Interior Graphics | $32,000 | ||
| Arena Equipment and Set-Up | $600,000 | $850,000 | |
| Ninja Nation Mobile Equipment | $95,000 | $110,000 | |
| Other Equipment and Fixtures | $35,000 | $50,000 | |
| Business Licenses & Permits | $2,500 | ||
| Initial Inventory | $6,500 | $10,000 | |
| To be made Insurance Deposit | $1,000 | $3,000 | |
| Training Expenses | $2,000 | $5,500 | |
| Grand Opening Advertising | $25,000 | ||
| Additional Funds – 3 Months | $20,000 | ||
| Total | $1,183,500 | $1,967,500 | |
Source: Ninja Nation Fitness Group, LLC, 2024 filing, page 17
Ninja Nation franchise fee
The franchise fee is $49,500. You pay it when you sign the franchise agreement.
Source: Ninja Nation Fitness Group, LLC, 2024 filing, page 10
Royalty and ongoing fees
| Royalty | 7% of weekly gross revenue. |
|---|---|
| Brand or marketing fund | Up to 2% of weekly gross revenue; not charged at present. |
| Technology Fee | 1% of Business’ weekly Gross Revenue |
| Transfer Fee | $10,000 |
| Local Marketing Spend | $3,000 per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Ninja Nation Fitness Group, LLC, 2024 filing, pages 11 and 12
Other fees as filed, from page 12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Ninja Nation publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Ninja Nation Fitness Group, LLC, 2024 filing, page 55
SBA loans to Ninja Nation franchisees
Lenders approved 8 SBA 7(a) loans for Ninja Nation franchisees from 2020 to 2024, $7.51M in all. Of the 2 that have ended, 1 was paid in full and 1 was charged off. The other 6 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
Growth and closures
Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.
| Measure | Ninja Nation | Typical sports brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +100% / +300% | +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 | 0% / 0% | 0% / 0% | 0% / 0% |
Typical sports brand is the median of the 48 brands in sports franchises with three years of counts.
How Ninja Nation compares
Of the 120 sports franchises on this site, Ninja Nation is the 106th cheapest to open and the 73rd largest by number of locations.
| Figure | Ninja Nation | Typical sports brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $1.18M | $227K | $222K |
| Cost to open, high end | $1.97M | $442K | $477K |
| Franchise fee | $50K | $50K | $40K |
| Royalty | 7% | 7% | 6% |
| US locations | 7 | 15 | 21 |
| Shares earnings figures | Yes | 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 | 1 (+1) | 3 | – | – |
| 2021 | 2 (+1) | 3 | +1 | 0 |
| 2022 | 2 (0) | 3 | 0 | 0 |
| 2023 | 4 (+2) | 3 | +2 | 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 and franchise failure rates.
Over 4 years, from the start of 2020 to the end of 2023, franchised locations went from 0 to 4 (+4). The earlier years come from the brand's 2023 filing.
Source: Ninja Nation Fitness Group, LLC, 2024 filing, page 62
2020: Ninja Nation Fitness Group, LLC, 2023 filing, pages 73–74
Where Ninja Nation locations are
At the end of 2023, Ninja Nation had locations in 4 states. The most are in Colorado, Texas and Arizona.
- Colorado2
- Texas2
- Arizona1
- North Carolina1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Colorado | 0 | 2 | 2 |
| Texas | 1 | 1 | 2 |
| Arizona | 1 | 0 | 1 |
| North Carolina | 1 | 0 | 1 |
Source: Ninja Nation Fitness Group, LLC, 2024 filing, page 63
Who owns Ninja Nation?
Ninja Nation franchises are sold by Ninja Nation Fitness Group, LLC.
From Ninja Nation Fitness Group, LLC’s 2024 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: Ninja Nation Fitness Group, LLC, 2024 filing, litigation on page 10, bankruptcy on page 10
Ninja Nation filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from Ninja Nation Fitness Group, LLC’s 2024 filing, issued March 22, 2024; the earlier ones below are on record with the Minnesota Department of Commerce and the NASAA Electronic Filing Depository and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | March 22, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
| 2023 filing | June 8, 2023 | NASAA depository | Locations, 2020 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other sports franchises
All sports franchises
Ninja Nation is also on these lists: entertainment franchises, fitness franchises.