15 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a OHM Fitness Franchise, LLC franchise ranges from $135K to $403K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisNo, OHM Fitness Franchise, LLC does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisData sourced from the OHM Fitness Franchise, LLC 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
OHM Fitness Franchise, LLC charges a royalty fee of 2.3% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a OHM Fitness Franchise, LLC franchise is approximately 2.3% of gross sales (2024 FDD). This includes the royalty fee, a $999/month technology fee, and other recurring charges.
View full fees analysisOHM Fitness Franchise, LLC has been involved in 0 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the OHM Fitness Franchise, LLC franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisOHM Fitness Franchise, LLC offers protected territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisOHM Fitness Franchise, LLC currently operates 13 locations (2024 FDD) (12 franchised, 1 company-owned). The system grew by 116.7% over the past year. The 3-year compound annual growth rate is 135.1%.
View full growth analysisThe 1-year franchisee turnover rate for OHM Fitness Franchise, LLC is 8.3% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisOHM Fitness Franchise, LLC does not include an Item 19 financial performance representation in their FDD (2024 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for OHM Fitness Franchise, LLC is 10 years (2024 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.
View full contract analysisOHM Fitness Franchise, LLC's post-termination non-compete clause lasts 2 years after termination or expiration (2024 FDD).
View full legal analysisNo, OHM Fitness Franchise, LLC's franchise agreement does not require mandatory arbitration (2024 FDD). Disputes may be resolved through litigation. The agreement includes a jury trial waiver.
View full legal analysisOHM Fitness Franchise, LLC provides 23 hours of initial training over approximately 1 weeks (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisOHM Fitness Franchise, LLC does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
View full support analysis