iLoveKickboxing Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$50,000
Investment required
$219,000 - $499,000
Royalty fee
6.00%

iLoveKickboxing: Revolutionizing Fitness with Cardio Kickboxing and HIIT

iLoveKickboxing, a prominent chain of boutique fitness studios, is headquartered in Merrick, New York.

Founded by Michael Parella in 2009, iLoveKickboxing offers trainer-led classes that merge cardio kickboxing with full-body high-intensity interval training (HIIT) workouts. These classes are designed to provide an effective and engaging fitness experience for participants of all levels.

In 2012, iLoveKickboxing embarked on its franchising journey, expanding its unique fitness approach to a broader audience.

Today, the chain boasts over 91 gyms globally, with 80 franchises located across the United States, making it a leading name in the boutique fitness industry.

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 Estimated Amount Low Estimated Amount High
Initial Franchise Fee $49,999 $49,999
Travel and Living Expenses to Attend Initial $2,000 $8,000
Equipment, fixtures, other fixed assets, leasehold improvements and decorating costs $80,000 $250,000
Rent and Security Deposit $12,000 $34,000
Architectural Services $3,750 $10,000
Signage $4,500 $10,000
Computer Hardware, Software, and POS System $1,955 $4,000
Supplies/Inventory $5,000 $11,500
Grand Opening Advertising $10,000 $35,000
Insurance $1,200 $5,000
Professional Fees $2,500 $5,000
Utilities $1,000 $2,000
Additional Funds - 90 days $45,000 $75,000
TOTAL $218,904 $499,499

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Number of units

2022
Franchised units

94

83

80

Company-owned units

0

0

0

Total units

94

83

80

Franchise Disclosure Document

Training 

Franchisees must complete a comprehensive initial training program within three months of signing the franchise agreement and before they can begin operating their franchise.

While there is no fee for this initial training, franchisees are responsible for covering their own travel and accommodation expenses. The training program addresses a variety of operational challenges and provides guidance on hiring and training staff.

Additional Training and Seminars

iLoveKickboxing may also provide supplementary training or seminars, which franchisees might be required to attend either in person or online. These sessions are offered at no additional cost, but franchisees must pay for any associated travel and living expenses.

Operational Support

Beyond formal training, iLoveKickboxing offers ongoing operational support to franchisees, assisting with any issues they might face in running their business. This continuous support underscores the franchisor's dedication to upholding high standards across all locations.

Territory Protection

The iLoveKickboxing franchise offers territory protection to its franchisees. This ensures that franchisees have a defined geographic area where no other iLoveKickboxing franchises can operate, allowing them to build and grow their business without direct competition from within the franchise network.

This territorial protection is part of iLoveKickboxing's commitment to supporting the success of its franchisees by providing them with a secure and exclusive market area.

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