Crunch vs F45 Training
Compare franchise fees, investment range, royalties, SBA lending performance, unit growth, and Item 19 transparency with a permanent shareable URL.
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Crunch
Fitness
Investment
$804K to $6.7M
Franchise fee
$35,000
Item 19 status
Revenue Only
Units
359
F45 Training
Fitness
Investment
$349K to $786K
Franchise fee
$60,000
Item 19 status
Cost Data Only
Units
789
Lower entry cost
Leans right
Based on minimum initial investment.
Better disclosed economics
Even
Uses Item 19 availability and transparency status.
Lower SBA default risk
Leans left
Treat low-loan brands carefully, sample size matters.
| Metric | Crunch | F45 Training |
|---|---|---|
Franchise Fee | $35,000 | $60,000 |
Min Investment | $804K | $349K |
Max Investment | $6.7M | $786K |
Royalty Rate | 5.0% | 7.0% |
Ad Fund Rate | 2.0% | 2.0% |
Total Ongoing Burden Royalty plus ad fund when available. | 7.0% | 9.0% |
Median Revenue (Item 19) | $2.5M | $407K |
Cash-on-Cash Return Estimated when revenue and margin assumptions are available. | 9.8% | 9.3% |
Payback Period | 10.2 yrs | 10.7 yrs |
Revenue per Dollar Invested | 0.65x | 0.72x |
Franchised Units | 359 | 789 |
1-Year Net Unit Change | 55 | -38 |
Net Unit Growth Rate | 17.5% | -5.2% |
Net Closure Rate Net closure proxy based on disclosed unit change. | N/A | 4.6% |
SBA Default Rate | 0.0% | 10.1% |
SBA Loan Count Use this to judge whether SBA default data is statistically meaningful. | 12 | 267 |
Average SBA Loan Size | $2.3M | $275K |
Item 19 Status | Revenue Only | Cost Data Only |
Has Item 19 | ✓ Yes | ✓ Yes |
Data Quality Score | 100 | 100 |
What stands out
- • Crunch opens at $804K to $6.7M, while F45 Training ranges from $349K to $786K.
- • Crunch shows an Item 19 disclosure; F45 Training shows an Item 19 disclosure.
- • Crunch has 359 franchised units versus 789 for F45 Training.
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Last updated: April 2026