Do you want to open a kickboxing fitness gym business by buying 9Rounds franchise? If YES, here is how much it cost to open a 9Rounds franchise successfully. If you are looking towards opening a 9Rounds Franchise, it will be nice for you to have a of what the company represents before enquiring about the total cost of opening the franchise in your location.

9Round Franchising LLC started operations in 2007 and they began selling franchise in 2009. They have their corporate headquarters at Simpsonville, South Carolina and presently they have an estimated 800 franchise units in operation.

9Round Franchising, LLC is the franchisor for 9Round. The franchisor has developed a proprietary business format and system for operating a fitness center that features a specialized program developed around a system of nine challenging circuit training stations, that incorporates boxing and kickboxing exercises, and that includes personal trainer assistance and nutrition services.

The 9Round program combines strength, cardiovascular exercises and circuit training for the entire body to achieve results. The franchisor grants qualified candidates the right to operate one or more 9Round Centers according to its Franchise Agreement and its standards which will be communicated to franchisees via its confidential operation manuals.

Financial Investment Required to Open a 9Rounds Franchise

9Round has the franchise fee of up to $30,000, with total initial investment range up to $91,000. Here are areas where you are expected to spend money and the cost associated with it;

1. Initial Franchise Fee: $15,000 to $30,000

Please note that you will pay 9Round Fitness an initial Franchise Fee when you sign a Franchise Agreement, which secures your Preliminary Designated Area. If you are acquiring franchise rights for a new, single Center, the initial Franchise Fee is $30,000.

If you are acquiring franchise rights for two Centers as part of 9Round’s Development Incentive Program, the total initial Franchise Fee is $50,000 (a discount of $10,000). After the successful completion of your Development Incentive Program for two Centers, each additional Center shall have an initial Franchise Fee of $18,000.

Please note that if you are acquiring franchise rights for three Centers through 9Round’s Development Incentive Program, the total initial Franchise Fee is $60,000 (a discount of $30,000). After the successful completion of your Development Incentive Program for three Centers, each additional Center shall have an initial Franchise Fee of $15,000.

You must open the Center for business no later than nine months after the Franchise Agreement is signed. If you acquired franchise rights for two or three Centers as part of 9Round’s Development Incentive Program, you will sign two or three Franchise Agreements (as applicable) at the same time.

You must open the second Center no later than twenty-one months after signing, and must open the third Center (if applicable) no later than thirty-three months after signing. If you fail to open a Center within the required time periods, 9Round may terminate the Franchise Agreement or, at its election, may eliminate any designated area protection afforded in the Franchise Agreement.

If you do not participate in 9Round’s Development Incentive Program but later would like to acquire franchise rights as part of 9Round’s Step Up Program, the total initial Franchise Fee for the second Center is $25,000 (a discount of $5,000) and each subsequent Center has an initial Franchise Fee of $20,000 each (a discount of $10,000).

If you are a veteran or a former member of the U.S. Armed Forces and were honorably discharged, 9Round will reduce your initial Franchise Fee for your first Center by 15% for an initial Franchise Fee of $25,500 for your first Center (“Veteran Discount”). This one-time Veteran Discount is in addition to the discounts under the Development Incentive Program, as discussed above, should you choose to participate in the Development Incentive Program.

A $5,000 Franchise Fee will be utilized for existing franchisees purchasing an existing franchise location with a new Franchise Agreement that has a 10-year term. A $7,500 Franchise Fee will be utilized for new franchisees purchasing an existing location with a new Franchise Agreement that has a 10-year term.

The initial Franchise Fee is payable in full when the Franchise Agreement is signed and is non-refundable. The initial Franchise Fee is uniform for all new franchisees but may differ for franchisees under prior existing agreements.

2. Royalty Fee: $600 per month and the Due Date for this is Monthly.

3. National Marketing Fee: $200 or 2% of Net Sales

Whichever is greater, per month and the Due Date for this is Monthly.

4. Local Advertising Spend, Local Marketing Fund, or Cooperative Advertising Contribution

At least $6,000 per calendar year and the Due Date: for this is Monthly. Please note that each local advertising Cooperative may elect to increase the monthly contribution if approved by a two-thirds majority of the members, and the minimum contribution is subject to adjustment by an amount not to exceed the increase in the CPI.

Centers owned by 9Round and its affiliates are also members of their respective local Cooperative and each company-owned Center has the same voting rights as the franchised locations within the Cooperative. If the company-owned Centers comprise the majority of a given Cooperative, the maximum and minimum fees for that Cooperative will be consistent with the range stated in this Item 6.

5. Technology Fee: Currently, $80 per month and the Due Date for this is Monthly.

6. 9Round Music Fee: $34 to $89 per month per Center

Due Date for this is Monthly. Please note that this is subject to increase by an approved supplier.

7. Heart Rate Zone System: $139 per month

Due Date for this is Monthly. Please note that you will pay 9Round’s Approved Vendor the then-current monthly license fee and the fee may be collected through billing software with your monthly royalties.

8. Audits: Cost of audit, plus interest at 12%

Or the maximum rate allowed by law and the Due Date for this is Immediately upon receipt of bill. Please note that you pay for cost of audit only if it shows an understatement of Memberships or revenue.

9. Ongoing Field Visit: $2,500

Due Date for this is As arranged. Please note that Ongoing Field Visit will take place upon request from franchisee.

10. Assignment Fee: $250

Due Date for this is Upon application to assign your Franchise Agreement.

Please note that this fee is Payable when you assign your Franchise Agreement to a corporation or other business entity owned by you or when you alter the percentage ownership of any minority partner, member, or other owner of your business, other than the Principal Owner.

11. Relocation Fee: $1,500 to $5,000

Due Date for this is Upon application to relocate your Center. Please note that this fee is Payable when you relocate your Center.

12. Costs and Attorneys’ Fees

This fee will vary under circumstances and the Due Date for this As incurred.

Please note that this fee is Payable only if your non-compliance with the Franchise Agreement causes 9Round to incur legal expenses.

  1. Interest: 12% per annum and the Due Date for this Upon demand.

Please note that this fee is Payable only if you fail to pay amounts owed to 9Round when due.

  1. Indemnification: This fee will vary under the circumstances and the Due Date is As incurred.

Please note that you must reimburse 9Round if it is held liable for claims arising out of your franchise operations.

  1. Supplier Review Fee: 9Round’s costs and expenses, which it expects will range from $1,000 to $3,000 but may exceed this range depending on the product. Th Due Date for this is As incurred.

Except for instances where 9Round designates a single source supplier, if you wish to purchase any products or services for which 9Round has established approved suppliers from an unapproved supplier, you may request 9Round’s consent in writing.

Please note that you must pay the reasonable cost of the inspection and evaluation, and the actual cost of the test.

  1. Quality Assurance Inspections: 9Round’s out-of-pocket costs, which will vary and this Due Date for this is Upon demand.

Please note that if you fail to submit a “walk through” video, you must reimburse 9Round for its costs, including travel costs, that it incurs related to evaluating or inspecting your Center with its personnel or third party “mystery shoppers.”

  1. Modernization and Maintenance Costs: 9Round’s reasonable costs and expenses which will vary. The Due Date for this is Upon demand.

Please note that you must maintain the Center premises, and modernize them every five years and if you fail to do so, 9Round may complete these for you and you must pay it its reasonable costs.

  1. Securities Offering Costs: This fee will vary under the circumstances and the Due Date for this is Upon demand.

Please note that if you engage in a private offering of securities, 9Round must review the prospectus or other offering documents and you will pay its costs for that review.

  1. Ongoing Training: $249 to $500 per person, plus your travel expenses. If 9Round’s representative provides additional training at your Center, 9Round may require you to reimburse its related travel and lodging costs for its representative. The Due Date is Upon demand.

Please note that 9Round may require you and other key employees of the Center to attend ongoing training, which will be held at a location that it designates.

  1. Renewal Fee: 25% of the then-current initial Franchise Fee and the Due Date for this is Before renewal.
  2. Administrative Fee: $250 per enforcement effort (i.e., written or verbal notification and follow up), and $250 per week for each week that the issue remains unresolved. The Due Date is Upon demand.

Please note that 9Round may assess an administrative fee to compensate it for its time.

  1. Management Fee: 5% of the Center’s gross revenues, plus reimbursement of 9Round’s reasonable costs and expenses. The Due Date for this Upon demand.

Please note that if you are in default of the Franchise Agreement, 9Round may send its personnel to manage the Center until the default is cured.

  1. Liquidated Damages: For ceasing operations or committing a default that results in termination of your franchise rights, estimated present value of monthly fees through the end of the franchise term. For selling unauthorized products, an amount equal to 70% of gross revenues derived from the sale. For offering unauthorized services, an amount equal to 100% of gross revenues derived from the offering of services. The Due Date for this is Upon demand.
Solomon. O'Chucks