Self Made Training Facility franchise
2022 filing · October 19, 2022Growing
Self Made Training Facility at a glance
A private training gym where personal trainers train their own clients. At the end of 2021 there were 21 Self Made Training Facility locations in the US, 20 franchised and 1 company-owned.
The business
- Franchisor
- SMTF Franchising, Inc
- The company that sells the franchises
- Franchising since
- 2016
- 6 years of selling franchises
What you pay
- Cost to open
- $383K–$1.2M
- A new training facility
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 7%
- 7% of gross revenue, paid monthly
- Brand fund
- None now
- 4% of gross revenue, not charged at present
- Renewal fee
- $15,000
- When the agreement ends and you sign again
- Agreement length
- 7 years
Where it is
- US locations, 2021
- 21
- Franchised and company-owned
- Franchised
- 20
- Company-owned
- 1
- Change in 3 years
- +6
- Franchised locations, 2019–2021
- States
- 6
- Most in California, Arizona and Florida
From SMTF Franchising, Inc’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Self Made Training Facility among all franchises with the same figure.
| Figure | Self Made Training Facility | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $793,838 | Costs more than 79% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 21 | More than 50% of franchises |
How much a Self Made Training Facility franchise costs
Opening a new training facility costs an estimated $382,942 to $1,204,733. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction/improvements ($155,000 to $475,000) and fitness and exercise equipment ($120,000 to $450,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $50,000 | ||
| Rent for 3 months and lease security deposit | $8,800 | $100,000 | |
| Utility Deposits | $0 | $1,000 | |
| Construction/Improvements | $155,000 | $475,000 | |
| Fitness and exercise equipment | $120,000 | $450,000 | |
| Office furniture and equipment | $16,400 | $29,900 | |
| Signage | $500 | $20,000 | |
| Travel, Salary, Living Expenses During Training | $0 | $10,000 | |
| Training and Continuing Education Fee | $750 | ||
| Software – 3 months | $2,700 | ||
| POS System – 3 Months | $357 | $1,887 | |
| Business licenses | $25 | $100 | |
| Forming an entity | $0 | $2,500 | |
| Professional fees | $1,500 | $4,500 | |
| Initial supplies and inventory | $6,000 | $12,000 | |
| Refrigerator and Water Products Inventory (3 months) | $2,060 | $2,396 | |
| Insurance | $600 | $4,000 | |
| Grand Opening Promotion | $2,500 | $5,000 | |
| Local Advertising - 3 Months | $750 | $3,000 | |
| Additional Funds – 3 Months | $15,000 | $30,000 | |
| Total | $382,942 | $1,204,733 | |
Source: SMTF Franchising, Inc, 2022 filing, page 14
Self Made Training Facility franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: SMTF Franchising, Inc, 2022 filing, page 10
Royalty and ongoing fees
| Royalty | 7% of gross revenue, paid monthly. |
|---|---|
| Brand or marketing fund | 4% of gross revenue, not charged at present. |
| Technology Fee | $250 per month |
| Transfer Fee | $7,500 |
| Renewal Fee | $15,000 |
| Additional Training; Operation of Your Franchise | $500 per day and travel and other expenses |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: SMTF Franchising, Inc, 2022 filing, pages 10 and 12
Other fees as filed, from pages 10–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Self Made Training Facility 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: SMTF Franchising, Inc, 2022 filing, page 44
SBA loans to Self Made Training Facility franchisees
Lenders approved 8 SBA 7(a) loans for Self Made Training Facility franchisees from 2018 to 2026, $3.22M in all. Of the 3 that have ended, 1 was paid in full and 2 were charged off. The other 5 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, 2021 / 2019–2021. Typical means the median: half of brands are above it, half below.
| Measure | Self Made Training Facility | Typical gym brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +25% / +43% | +3.2% / +36% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 5.3% / 26% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical gym brand is the median of the 37 brands in gym franchises with three years of counts.
How Self Made Training Facility compares
Of the 92 gym franchises on this site, Self Made Training Facility is the 58th cheapest to open and the 39th largest by number of locations.
| Figure | Self Made Training Facility | Typical gym brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $383K | $342K | $222K |
| Cost to open, high end | $1.2M | $653K | $477K |
| Franchise fee | $50K | $50K | $40K |
| Royalty | 7% | 6.5% | 6% |
| US locations | 21 | 17 | 21 |
| 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 |
|---|---|---|---|---|
| 2019 | 15 (+1) | 1 | +1 | 0 |
| 2020 | 16 (+1) | 1 | +1 | 0 |
| 2021 | 20 (+4) | 1 | +4 | 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.
Source: SMTF Franchising, Inc, 2022 filing, page 45
Where Self Made Training Facility locations are
At the end of 2021, Self Made Training Facility had locations in 6 states. The most are in California, Arizona and Florida.
- California15
- Arizona2
- Florida1
- Nevada1
- Ohio1
- Texas1
Source: SMTF Franchising, Inc, 2022 filing, page 45
Who owns Self Made Training Facility?
Self Made Training Facility franchises are sold by SMTF Franchising, Inc.
From SMTF Franchising, Inc’s 2022 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: SMTF Franchising, Inc, 2022 filing, litigation on page 9, bankruptcy on page 9
Self Made Training Facility filings
The figures on this page come from SMTF Franchising, Inc’s 2022 filing, issued October 19, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | October 19, 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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