When is the initial franchise fee due for a Punch King Fitness franchise?

According to Punch King Fitness's 2024 Franchise Disclosure Document, the initial franchise fee of $50,000 is due in full when the franchise agreement is signed. This fee is uniformly charged for all franchises currently being offered and is considered fully earned and nonrefundable. This means that a prospective franchisee must have the full $50,000 available at the time of signing to secure the franchise.

For those considering an Area Development Agreement, which allows for opening multiple Punch King Fitness locations, an Area Development Fee is required. This fee is $30,000 per additional franchise. The payment schedule for the Area Development Fee involves paying half upon signing the Area Developer Agreement and the remaining half upon signing the franchise agreement for the additional territory.

Punch King Fitness also offers certain discounts on the initial franchise fee. Honorably discharged U.S. military veterans may be eligible for a $20,000 discount, while qualifying Punch King Fitness franchisees can receive a $10,000 discount. A $10,000 discount is also available to qualifying minority-owned franchisees and Punch King Fitness employees. However, the FDD states that Punch King Fitness reserves the option to discontinue or change these discounts at any time.