My Gym franchise: cost, fees and total investment
Short answer: The My Gym franchise fee is $55,000 and the total initial investment ranges from $240,800 to $425,600, with about $55,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the My Gym FDD.
What are the My Gym franchise fees and investment?
The My Gym franchise requires a franchise fee of $55,000 and a total initial investment of $240,800 to $425,600. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $55,000 |
|---|---|
| Total initial investment (FDD Item 7) | $240,800 to $425,600 |
| Minimum liquid cash | $55,000 |
| US locations | 166 |
| Industry | Education & Children (Sports & Recreation) |
| Headquarters | Sherman Oaks, California |
| Founded | 1994 |
| Franchising since | 1995 |
How does the My Gym investment compare with other education & children franchises?
My Gym's minimum investment of $240,800 is above the median minimum investment of $118,363 across the 231 education & children franchises in the SelectFranchiseList database. 74 of the other 230 brands in this industry start at a higher investment. Its franchise fee starting at $55,000 compares with an industry median of $42,500.
By minimum investment, My Gym belongs with franchises from $100,000 to $250,000.
What should you verify in the My Gym FDD?
Verify six parts of the My Gym Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether My Gym discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to My Gym?
These education & children franchises have the closest minimum investment to My Gym:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Young Chefs Academy | $50,000 | $247,301 to $397,436 |
| NINJA TRIX | $49,500 | $229,600 to $386,500 |
| Prep Academy Tutors | $43,000 | $254,000 to $423,500 |
| Bach To Rock | $45,000 | $254,500 to $544,500 |
| Frozen Ropes Baseball | $35,000 | $226,750 to $288,200 |
See every brand in education & children franchises.
Frequently asked questions
How much does a My Gym franchise cost?
The total initial investment for a My Gym franchise ranges from $240,800 to $425,600, including a franchise fee of $55,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a My Gym franchise?
My Gym lists a minimum of about $55,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many My Gym locations are there?
My Gym reported 166 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has My Gym been franchising?
My Gym started offering franchises in 1995 after the company was founded in 1994.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. My Gym and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by My Gym. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.