4/10

Franchimp Summary Rating

7 /10
Lower than 38% of peers

Franchise Summary

Description
As an iLoveKickboxing. com franchisee you will operate a single retail outlet providing fitness servicesto retail customers using designated or authorized workout procedures, methods and techniques.
Company Background
iLoveKickboxing.com is the world's first and largest kick boxing fitness franchise with over 600 locations in 50 states and 40 countries worldwide. We offer a great workout that will help you reach your goals by combining cardio, muscle conditioning, toning, flexibility training, self-defense skills and weight loss all into one class. Our classes are led by professional instructors who motivate you to push harder than ever before--and then some!
Franchise Opportunity
I'm so busy with my 9-5 job that I don't have time to go the gym. If you're looking for a new way to get fit, iLoveKickboxing is the answer. Our kickboxing classes are high energy and fun, but our instructors will push you hard enough to make sure you work up a sweat and burn calories! Plus, we'll help guide you towards your fitness goals by tracking your progress with biometric tests each month. Our kickboxing classes are only 30 minutes long (so they can be squeezed into even the busiest schedule), but they give you an intense full body workout that burns fat fast! We also offer special programs like kids' karate lessons in case there's someone else in your family who wants to start training as well. Whether it's yourself or someone else in your household who needs more exercise, iLoveKickboxing can help!
Corporate Structure
ILKB LLC is the franchisor for the iLoveKickboxing.com system. They are a New York limited liability company that was organized on January 18, 2012. Their  principal business address is 3601 Hempstead Turnpike, Suite 503, Levittown, New York 11756.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of ILKB - iLoveKickboxing.com Franchisees

ILKB - iLoveKickboxing.com Franchise System Development in 2021

FAQ

How much investment do I need to start my own ILKB - iLoveKickboxing.com business?
Franchisees typically require at least $100 to $370 investment to get their ILKB - iLoveKickboxing.com business started
What are the initial franchise fees for ILKB - iLoveKickboxing.com?
Franchisees typically need to pay at least $19 in fees directly to ILKB - iLoveKickboxing.com in order to earn the right to launch their business
How much money can I make with a ILKB - iLoveKickboxing.com franchise? What are the average revenues for a typical ILKB - iLoveKickboxing.com business?
We haven’t done the math on how much revenue a typical ILKB - iLoveKickboxing.com brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $579,475 revenue, so we would expect ILKB - iLoveKickboxing.com to generate a similar amount
How long do I need to commit to running a ILKB - iLoveKickboxing.com unit? What is my contractual commitment?
ILKB - iLoveKickboxing.com franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

7 /10
The Franchisor's investment costs ranges from $100,149 to $370,700 which is Much Lower than the $0 to $0 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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