Start a Tapout Fitness Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $158K - $736K

Units as of 2020: 28 250.0% over 3 years

Tapout Fitness was founded in 2014 as part of the larger Tapout brand. Tapout Fitness is backed and owned by Authentic Brands Group (ABG) and World Wrestling Entertainment (WWE). Both brands are powerhouses in the world of wrestling and entertainment.

Tapout Fitness boasts over 15 locations throughout the United States. It also has a presence internationally, with a handful of franchises located outside of the U.S. Tapout Fitness may feature a unique body and mind fitness program that includes martial arts, boxing, kickboxing, boot camps, and high-intensity interval training.

Why You May Want to Start a Tapout Fitness Franchise

Tapout Fitness is a unique brand that encourages people to join and take up an everyday fitness challenge inspired by martial arts. Tapout Fitness is open to everybody, including children, with some branches open for 24 hours every day.

At a Tapout Fitness location, members will find standard gym amenities such as lockers, showers, and changing rooms. Some larger Tapout Fitness studios may also have cardio and free weight equipment.

Those members interested may also purchase Tapout Fitness attire, and with dedicated martial arts advancements, members can belt-rank like in other standard martial arts studios.

What Might Make a Tapout Fitness a Good Choice?

To become a Tapout Fitness franchisee, you need the energy to push for growth and be confident in your skills and abilities. It would help if you were an excellent communicator and dedicated to the brand and have a genuine belief that you are creating something special.

When you open a Tapout Fitness franchise, expect to be responsible for time spent at your franchise location with a regular need to report back to headquarters in Marietta, Georgia.

As a Tapout Fitness franchisee, you will train, be guided, and supported in all key areas to ensure overall franchise location growth. These supports may include:

Real estate suggestions
Operations
Marketing
Sales
Equipment
Construction and design
Fitness regimes
Technology

How To Open a Tapout Fitness Franchise

As you decide if opening a Tapout Fitness franchise is the right move for you, make sure that you take time to explore the opportunity. Research the brand and your chosen area to see if Tapout Fitness would do well in your desired community. While competition is healthy, too much may prevent some possible growth for your franchise.

To be part of the Tapout Fitness team, make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include royalty fees and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Tapout Fitness franchising team questions.

It may also be wise to reach out to an attorney or financial advisor to ensure that you have the necessary financial standing to own and operate a Tapout Fitness franchise.

Company Overview

About Tapout Fitness

Industry	Personal-Care Businesses
Related Categories	Fitness
Founded	2014
Leadership	Marc Tascher, CEO & Chairman
Corporate Address	1640 Powers Ferry Rd. Marietta, GA 30067
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	2015 (9 years)
# of employees at HQ	5
# of Units	28 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Tapout Fitness franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$50,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$158,410 - $736,491
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$200,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$5,000 off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Tapout Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	30 hours
Classroom Training	30 hours
Ongoing Support	Newsletter Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes