F45 Training vs Midas: Which Is the Better Investment?

Side-by-side comparison of investment costs, fees, unit economics, and franchisee satisfaction. Data from FDD disclosures and franchise database — updated 2026.

Fitness & Health Automotive Real Data Not Investment Advice
FT

F45 Training

Fitness & Health
$300K – $700K
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VS
M

Midas

Automotive
$198K – $1.0M
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At a Glance: Key Differences

Data-driven observations based on disclosed figures. Not investment advice — verify current numbers in each franchise's FDD.

Investment Cost
F45 Training wins on investment range ($343K less) vs Midas.
Fee Burden
F45 Training wins on royalty rate (3.0% lower) vs Midas.
Unit Count
F45 Training wins on total units (727 more) vs Midas.
Satisfaction
Midas wins on franchisee satisfaction vs F45 Training.

Detailed Analysis: F45 Training vs Midas

Choosing between F45 Training and Midas comes down to your investment capacity, risk tolerance, and operational preferences. F45 Training operates in Fitness & Health while Midas is in Automotive. Cross-industry comparisons are valuable when you're evaluating which business model best fits your skills and lifestyle.

From a capital perspective, Midas has a lower entry point. However, initial investment alone doesn't determine ROI — ongoing royalties, revenue potential, and failure rates all factor into long-term returns. F45 Training charges a lower royalty rate, which means more of your gross revenue stays in your pocket. If passive ownership matters to you, F45 Training supports a semi-absentee model — you can hire a manager and maintain other income sources.

Franchisee satisfaction is one of the strongest predictors of long-term success. Midas leads with a 61/100 satisfaction score, indicating that existing owners are more positive about their decision. Before committing to either franchise, we recommend running both through our Financial Model tool to project personalized 5-year P&L scenarios. You should also review each franchise's complete Franchise Disclosure Document using our FDD Checker to understand litigation history, termination rates, and territory restrictions.

Investment & Fees

Metric F45 Training Midas
Min Investment $300K $198K
Max Investment $700K $1.0M
Franchise Fee $50K $35K
Royalty Rate 7.0% 10.0%
Ad Fund Rate 2.0% N/A

Unit Economics

Metric F45 Training Midas
Avg Unit Revenue $550K $900K
Avg Profit Margin N/A N/A

Scale & Growth

Metric F45 Training Midas
Total Units 1,700 973
Annual Growth 3.0% -10.0%
Failure Rate 7.0% N/A

Franchisee Performance

Metric F45 Training Midas
Franchisee Satisfaction 60/100 61/100

Track Record

Metric F45 Training Midas
Years in Business 11 N/A
Years Franchising 8 N/A

Financial Requirements

Metric F45 Training Midas
Min Net Worth Required $500K N/A
Liquid Capital Required $200K N/A

Operations

Metric F45 Training Midas
Avg Employees 8 N/A
Training Weeks 2 N/A

Frequently Asked Questions

Is F45 Training or Midas a better franchise investment?

The answer depends on your goals, budget, and market. F45 Training has 1,700 total units and a 60/100 franchisee satisfaction score. Midas has 973 total units and a 61/100 franchisee satisfaction score. Use our ROI Calculator to model both scenarios.

How much does it cost to open a F45 Training franchise?

Based on data in our database, opening a F45 Training franchise requires an initial investment of $300K – $700K. The franchise fee is $50K, with ongoing royalties of 7.0%. Always request the current FDD for exact figures.

How much does it cost to open a Midas franchise?

Based on data in our database, opening a Midas franchise requires an initial investment of $198K – $1.0M. The franchise fee is $35K, with ongoing royalties of 10.0%. Always request the current FDD for exact figures.

What is the royalty rate for F45 Training vs Midas?

F45 Training's royalty rate is 7.0%. Midas's royalty rate is 10.0%. That means Midas has the lower ongoing royalty burden.

Which has more locations — F45 Training or Midas?

F45 Training has 1,700 total units. Midas has 973 total units. A larger system can mean more brand recognition, but also more territorial competition.

Is F45 Training or Midas semi-absentee friendly?

F45 Training is typically run as a semi-absentee model. Midas is typically run as a owner-operator model. If passive income is your goal, semi-absentee models let you hire a manager to run day-to-day operations.

Data sourced from franchise disclosure documents and public records. Investment ranges, royalty rates, and unit counts change — always request current FDD before making investment decisions. Last updated March 2026.

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