55 Fitness
Franchising since 2019 · 25 locations
The total investment to open a 55 Fitness franchise ranges from $100,001 - $500,000. Ongoing royalties are 5%. 55 Fitness currently operates 25 locations. Data sourced from the 2024 Franchise Disclosure Document.
$100,001 - $500,000
25
FPI Score
This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.
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What is the 55 Fitness franchise?
The 55 Fitness franchise, also known as 55PLUS.fitness, was established in 2019, marking its inception as a specialized entity within the expansive health and wellness sector. This innovative concept was brought to fruition by its visionary founder, Brendan Skeen, whose prior extensive experience in the senior care industry, particularly with "Loved Ones In Home Care," provided him with a profound understanding of the unique requirements and untapped potential within the older adult demographic. Mr. Skeen acutely recognized a significant void in the existing fitness landscape: a distinct and dedicated facility specifically designed to cater to the fitness and wellness needs of seniors. The core mission of the 55 Fitness franchise is to fill this crucial niche, creating an environment where individuals aged 55 and older can pursue their health goals comfortably and effectively. These purpose-built centers prioritize fitness, offering meticulously crafted nutrition programs, and featuring equipment thoughtfully tailored to the physical capabilities and preferences of this mature demographic. A fundamental aspect of the 55 Fitness franchise model is its commitment to fostering peer socialization alongside health and fitness pursuits, recognizing the profound benefits of community for older adults. The programs thoughtfully integrate low-impact machines to ensure safety and effectiveness, concentrate on enhancing cardiovascular and heart health, and provide structured classes for stretching and yoga, all within an organized and supportive setting. Research underscores the critical market demand for such specialized services, revealing that approximately 95% of individuals aged 55 and older express a strong preference for exercising alongside peers within their own age group. Furthermore, nearly 50% of this demographic have cited feelings of discomfort or intimidation in
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for 55 Fitness based on SBA lending data
Investment Tier
Significant investment
$100,001 – $500,000 total
Why 55 Fitness Doesn't Appear in Public SBA Data
The SBA 7(a) program publishes loan-level data for every approved franchise borrower. 55 Fitness does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.
Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective 55 Fitness franchisees, the practical question is which financing path actually closes for this brand's profile.
Capital paths PeerSense places for fitness, wellness & beauty concepts
SBA 7(a) Loans
Build-out and unit-acquisition financing for fitness and wellness concepts.
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Equipment Financing
Fitness equipment, treatment beds, and capital-intensive build-outs.
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Commercial Real Estate Loans
Owner-occupied or investor-owned space for fitness footprints.
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Franchise Partner Buyout Financing
Bringing in a partner or buying one out of an existing studio.
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Payment Estimator
Estimated Monthly Payment
$1,035
Principal & Interest only
Locations
55 Fitness — unit breakdown
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