AKT Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$60,000
Investment required
$400,000 - $496,000
Royalty fee
7.00%

AKT: Revolutionizing Fitness with Dance-Based Workouts

AKT is a renowned chain of fitness boutiques that specializes in dance-based workouts, with its main office located in Irvine, California. This brand is part of the Exponential Fitness Inc. family, which also includes other well-known franchises like Cycle Bar and Club Pilates.

AKT studios provide a unique blend of dance-inspired cardio, strength training, toning exercises, and circuit training, creating an energetic and enjoyable workout experience for their members.

Established in New York City in 2013, AKT started offering franchise opportunities in 2018. By 2023, the franchise network had expanded to 36 locations across the United States.

Driven by a positive mindset and the conviction that movement can have a lasting impact, AKT has quickly become a popular franchise. It has been recognized by Entrepreneur Magazine's Top New Franchises for two consecutive years. AKT presents a compelling investment opportunity for entrepreneurs, featuring low entry barriers and strong EBITDA, all while providing a fun and supportive environment for members to enhance their fitness.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Low Amount - High Amount
Initial Franchise Fee2 $60,000 - $60,000
Initial Training Program Fees3 $0 - $0
Travel & Living Expenses while Training3 $0 - $3,000
Real Estate/Lease4 $27,000 - $49,000
Net Leasehold Improvements5 $198,000 - $225,000
Signage 6 $16,000 - $20,000
Insurance7 $1,100 - $2,500
Lease Payments in Connection with Fitness Equipment and Other FFE Package 8 $3,700 - $12,500
Pre-Sale and Soft Opening Retail Inventory Kit 9 $12,000 - $12,000
Computer System and Related Equipment10 $47,000 - $47,000
Initial Marketing Spend, including amounts on Opening Support Program 11 $15,000 - $15,000
AKT Certification Program Fee12 $8,000 - $8,000
Music and Technology Fees 13 $1,895 - $1,895
Additional Funds - 3 Months14 $10,000 - $40,000
TOTAL $399,695 - $495,895

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Number of units

2023
Franchised units

11

19

29

Company-owned units

3

3

1

Total units

14

22

30

Franchise Disclosure Document

Training 

Initial Training Program

The Initial Training Program is extensive, covering all crucial aspects of franchise operations. Franchisees are not required to pay any fees for this training if it is completed before the Studio opens and if all participants attend simultaneously.

If participants wish to complete the Initial Training Program at a different time, the franchisor may apply its current training fee.

Ongoing/Refresher and Additional Training

The franchisor may mandate up to 5 days of additional or refresher training each year for franchisees and certain management personnel. This ongoing training ensures that franchisees stay updated with the latest operational practices and standards.

Remedial Training

Should the franchisor determine that the franchisee is not adhering to the operational standards or agreement terms, up to 5 additional days of remedial training may be required for the franchisee, the Designated Manager, and/or certain Authorized Instructors.

AKT Certification Program for Instructors

Any instructors hired during the Studio's ongoing operations must complete the AKT Certification Program before they can conduct classes or provide approved services at the Studio.

Territory Protection

AKT Franchises offer territory protection. Upon the identification and acceptance of an Authorized Location by the franchisor, a Designated Territory is established around the Authorized Location. Within this Designated Territory, the franchisee is granted specific protected rights.

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