AKT is a unique dance-based fitness concept that combines cardio, strength training, and flexibility exercises for a fun and effective workout experience.
KEY FRANCHISE STATS
Franchisees
?
29
+
164%
164%
Franchise fee
?
$60,000
Investment
?
$400,000 - $496,000
Revenue (AUV)
?
Undisclosed
$291,000
+
n.a.
n.a.
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AKTis 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.
Initial investment
The initial investment required for a AKT franchise is
$400,000 - $496,000.
That is the total cost you would need to finance 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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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
Franchise Disclosure Document
Below is AKT's 2023 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
AKT had 30 total units in 2023, of which 29 were franchised-owned and 1 company-owned.
Frequently Asked Questions
What is the royalty fee?
The royalty fee for a AKT franchise is 7.00%. In addition, you would have to pay the advertising (or national brand fund) fee of 2.00%.
What is the total investment?
The initial investment required for a AKT franchise is $400,000 - $496,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee?
The initial franchise fee for a AKT franchise is $60,000. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.
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.
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.