6/10

Franchimp Summary Rating

4 /10
Higher than 67% of peers

Franchise Summary

Description
AKT Franchise, LLC ("we," us," or "our") offers for sale a franchise to establish and operate a fitness studio that offers and provides indoor AKT Classes/instruction and other related exercise classes under the "AKT" marks (a "Studio").
Company Background
AKT is a fitness franchise that offers indoor workouts such as AKT and other related classes. They provide the opportunity to become your own boss, running your very own studio!
Franchise Opportunity
The fitness industry is incredibly competitive, and it can be tough to establish yourself as a credible authority. Establishing a successful fitness studio takes a lot of hard work. You need to be able to attract new customers while keeping your current members happy. AKT Franchise can help you take your business to the next level. Our team has extensive experience in the fitness industry, and we're passionate about helping our franchisees succeed. We'll provide you with all the tools and support you need to make your Studio a success.
Corporate Structure
AKT Franchise, LLC is a Delaware limited liability company formed on March 6, 2018. Their principal business is 17877 Von Karman, Suite 100, Irvine, CA 92614. Xponential Fitness, LLC is their direct parent company. Xponential is a Delaware limited liability company with a principal business address at 17877 Von Karman Avenue, Suite 100, Irvine, California 92614.

Earnings Transparency

7 /10
This Franchise discloses slightly more 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

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Health & Fitness Industry

$217,473 / unit

Franchise Type: Standard

Average Revenue During 2020

$217,473
$134,312
Industry Low
$4,665,709
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of AKT Franchisees

AKT Franchise System Development in 2022

FAQ

How much investment do I need to start my own AKT business?
Franchisees typically require at least $399 to $495 investment to get their AKT business started
What are the initial franchise fees for AKT?
Franchisees typically need to pay at least $81 in fees directly to AKT in order to earn the right to launch their business
How much money can I make with a AKT franchise? What are the average revenues for a typical AKT business?
We estimate that the average revenue of an individual AKT unit is approximately $217,473. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a AKT unit? What is my contractual commitment?
AKT 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

4 /10
The Franchisor's investment costs ranges from $399,695 to $495,895 which is Much Higher 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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