Elite Home Fitness
Franchising since 2016 · 1 locations
The total investment to open a Elite Home Fitness franchise ranges from $61,000 - $131,000. The initial franchise fee is $30,000. Ongoing royalties are 7% plus a 2% advertising fee. Elite Home Fitness currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Elite Home Fitness are The Huntington National Bank. PeerSense FPI health score: 49/100.
$61,000 - $131,000
$30,000
1
1 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Elite Home Fitness financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
New/Niche (1-2 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 2 loans charged off
SBA Loans
2
Total Volume
$0.6M
Active Lenders
1
States
1
Top SBA Lenders for Elite Home Fitness
What is the Elite Home Fitness franchise?
The modern franchise investor faces a critical decision: navigating a crowded market to identify opportunities that align with evolving consumer behaviors and offer a clear path to profitability. For individuals considering the burgeoning wellness sector, the question of "Should I invest in this franchise?" often centers on market relevance, operational efficiency, and financial transparency. Elite Home Fitness, established in 2016 by founder and CEO Luis Mendonca, directly addresses a significant consumer problem: the persistent struggle with gym attendance due to busy lifestyles and motivational hurdles. Mendonca, drawing on 13 years of experience overseeing personal training departments and training other trainers at LA Fitness, conceived a model where professional personal trainers deliver high-quality fitness solutions directly to the client's doorstep, eliminating common excuses for missed workouts. Headquartered at 745 Atlantic Ave, Boston, MA 02111, a city frequently cited as its initial area of success, Elite Home Fitness commenced its franchising efforts in 2022, signaling an ambition for widespread expansion. As of late 2025/early 2026, web research indicates the company operated 2 company-owned units with 0 franchised units, while independent database records indicate a current count of 1 total unit, comprising 1 franchised unit and 0 company-owned units, highlighting a very early stage in its franchising journey. The brand strategically positions itself within the expansive $85 billion in-home personal training niche of the broader fitness industry, with Mendonca articulating a clear goal to become the number one in-home personal training provider globally and to extend its proprietary business model to the rest of the world. This focus on convenience and personalized service positions Elite Home Fitness as a compelling franchise opportunity for investors seeking to capitalize on a growing segment of the wellness market by acting as a guide for clients seeking to transform their fitness routines.
The global fitness and recreational sports centers market presents a robust and expanding landscape, valued at USD 123.77 billion in 2024 and projected to reach USD 180.44 billion by 2033, demonstrating a Compound Annual Growth Rate (CAGR) of 4.06% from 2025-2033. Alternative projections further underscore this growth, estimating the global market at USD 148.03 billion in 2025, expanding to USD 324.05 billion by 2035 with a more aggressive CAGR of 8.15% from 2026 to 2035, while another report suggests a market size of USD 146.33 billion in 2025, growing to USD 235.47 billion by 2031 at a CAGR of 8.12% during that period. North America currently dominates this market, holding a substantial 37.5% share in 2024 and approximately 38.4% in 2025, with the United States alone accounting for a commanding 94.30% share of the North American market, indicating a fertile ground for domestic expansion. The fitness industry as a whole is projected to experience a 3.7% growth in the upcoming year, driven by significant secular tailwinds. A primary driver is the increasing health and wellness awareness, with nearly 96 million U.S. adults planning to prioritize health and fitness in 2025. Technology integration, including wearable fitness trackers, virtual fitness classes, and AI-enabled platforms offering personalized regimens, is boosting user convenience and attracting tech-savvy clientele. Crucially, there is a high and growing demand for personal in-home training, a niche perfectly served by the Elite Home Fitness model, which eliminates client excuses by bringing the workout directly to them. This trend is complemented by a preference for hybrid fitness models combining gym and home workouts. The market is also seeing strong growth in specialized studios for intense workouts, but the in-home segment offers unique advantages. Demographic shifts also contribute, with the adult segment (35-54) holding approximately a 46.3% market share in 2025, and consumers aged 35 and younger holding about 48.6% market share in the same year, while the aged 55 and older segment is projected to witness the highest CAGR due to an expanding aging population. Service type trends reveal that membership services accounted for over 91% of total revenue in 2025, with personal training and instruction surging as the fastest-growing service type, particularly sessions priced at $50-$150 per hour, which are outpacing basic memberships. This robust and growing industry is often described as recession-proof, making it an attractive category for franchise investment.
Investing in an Elite Home Fitness franchise involves a clearly defined financial commitment, designed to be accessible for a service-based model without the overhead of a physical location. The initial franchise fee is $30,000, a figure that includes a philanthropic element, as 1% of this fee will be donated to a charity of the franchisee's choice within their local community. For military veterans, Elite Home Fitness offers a tangible incentive, providing a 10% discount off the initial franchise fee, underscoring a commitment to supporting those who have served. The total estimated investment to launch an Elite Home Fitness franchise ranges from $61,000 to $131,000, with other sources providing slightly varied ranges such as $69,000 to $135,100, and another citing an initial investment of $61,000 leading to a total investment of $135,000, reflecting the variables involved in market entry. Prospective franchisees are required to demonstrate a liquid cash availability between $50,000 and $100,000, with a minimum liquid capital requirement of $50,000. Additionally, a minimum net worth of $50,000 to $100,000 is necessary, with one source specifically listing a $100,000 net worth requirement. Beyond the initial investment, franchisees are subject to ongoing fees: an ongoing royalty fee of 7% of gross revenue, and an advertising fee of 2%, which supports collective marketing efforts for the Elite Home Fitness brand. This fee structure positions Elite Home Fitness as a mid-tier franchise investment, particularly attractive due to its lack of a brick-and-mortar requirement, which significantly contributes to a lower entrance fee and the potential for quicker setup compared to traditional retail or restaurant franchises. The absence of a parent company means Elite Home Fitness operates as an independent entity, with all support and strategic direction stemming directly from its corporate team.
The operational blueprint for an Elite Home Fitness franchisee is designed for efficiency and scalability, emphasizing a semi-absentee ownership model that allows for flexibility. Franchisees are primarily tasked with strategic oversight, focusing on marketing, sales, and leadership to cultivate new client relationships and forge strategic partnerships. This includes targeted marketing efforts directly to apartment communities and corporate clients, as well as leveraging public spaces like parks and offices for training sessions, rather than managing a physical storefront. The business model emphasizes a robust lead-generating system, client acquisition and retention strategies, effective staff recruiting, and the delivery of superior service. A typical Elite Home Fitness franchise is estimated to operate with an average of 10 employees, primarily highly trained and experienced personal trainers, for whom the franchisee will be responsible for recruiting and managing. The core offering is mobile, in-home personal training, eliminating the need for any brick-and-mortar location, which is a key factor in its low entrance fee and quick setup potential. Elite Home Fitness provides a "special dual phase training program" to its franchisees, commencing with administrative aspects and transitioning into comprehensive, ongoing support for sales and marketing within the franchisee's exclusive territory. This training covers the brand's unique method for acquiring new clientele, its distinctive approach to providing service, proprietary technology, system management, staff recruiting protocols, effective sales and marketing strategies, and proven client retention tools. Corporate support extends to several critical areas, including financial assistance, site selection assistance (focused on identifying optimal target markets for service delivery), and recruiting assistance to help franchisees build their teams. While lease negotiation assistance is not provided, consistent with the no-brick-and-mortar model, cooperative advertising initiatives and ongoing support in sales and marketing for the franchisee's exclusive territory are integral to the system. Furthermore, Elite Home Fitness offers a master franchise opportunity, allowing experienced individuals to oversee the recruitment, training, and support of multiple franchisees within a larger designated territory, providing an additional layer of scalability and market penetration.
For prospective investors evaluating the Elite Home Fitness franchise, financial performance data is a critical component of due diligence. While web research indicates Elite Home Fitness offers an Item 19 in its Franchise Disclosure Document (FDD), which provides financial information about select franchisees, independent database records explicitly state that Item 19 financial performance data is NOT disclosed in the current Franchise Disclosure Document. This non-disclosure means that specific average revenue per unit, median revenue, or detailed profit margins for franchised units are not publicly available through the FDD, requiring investors to rely on other available financial signals and industry benchmarks. Despite the absence of specific franchised unit financial performance representations, the founder, Luis Mendonca, has provided insights into the corporate operations, stating that the original corporate business was profitable after its first year and grossed approximately $494,000 by year 4. This figure pertains to the corporate operations in the Boston area prior to significant franchising expansion, offering a glimpse into the potential of the Elite Home Fitness business model when established. The core business model is characterized by a lead-generating system and recurring revenue streams cultivated through repeat clientele, which inherently suggests a stable revenue base once client relationships are established. Operating within the in-home personal training niche, which is a significant part of the broader $85 billion fitness industry market, positions Elite Home Fitness to tap into a high-value segment. The industry trend indicating that personal training and instruction are the fastest-growing service types, with sessions priced at $50-$150 per hour outpacing basic memberships, further supports the revenue potential of this service-focused model. The explicit mention that the business model does not require a brick-and-mortar location contributes to a low entrance fee and quick setup, which the franchisor states leads to "high potential profits" by minimizing overhead and maximizing operational agility. The overall FPI Score for Elite Home Fitness is 49, categorized as "Fair," reflecting a balanced view of various performance indicators, even without explicit Item 19 disclosure from the current FDD.
Elite Home Fitness embarked on a significant growth trajectory with its official franchising expansion announced in July 2022, aiming to broaden the accessibility of its distinctive training and client service model. Independent database records indicate a current count of 1 franchised unit and 0 company-owned units, although web research from late 2025/early 2026 reported 2 company-owned units and 0 franchised units, suggesting either a very recent shift in unit composition or differing reporting methodologies across sources. The company is actively pursuing expansion throughout the United States, being registered to franchise in all 50 U.S. states, indicating a comprehensive national rollout strategy. A key development in this expansion plan includes the official launch of Elite Home Fitness in New York City in June 2025, a strategic move targeting busy professionals and executives with a high-end fitness experience in a major metropolitan market. Founder Luis Mendonca has articulated an ambitious goal to become the number one in-home personal training provider and to "take its proprietary business model and fitness program to the rest of the world," signaling long-term international aspirations, though currently, franchises are not offered in Canada or internationally. The competitive moat for Elite Home Fitness is built upon several foundational elements: its proprietary business model and fitness program, which is designed to remove client excuses and foster consistent engagement; a comprehensive dual-phase training and support system for franchisees; and the inherent advantage of a no-brick-and-mortar operational model, which results in a low entrance fee and quick setup with high potential for profitability. The brand's recognition as Boston's leading in-home personal training franchise as of September 2023, coupled with an award from the Boston Business Journal, further enhances its competitive standing and brand recognition within its initial market. By directly addressing the high demand for in-home personal training and adapting to consumer trends favoring convenience and personalized fitness solutions, Elite Home Fitness is well-positioned to capitalize on current market conditions and continue its growth.
The ideal candidate for an Elite Home Fitness franchise does not necessarily require a background in personal training, underscoring the brand's focus on business acumen and alignment with its core values. Prospective franchisees must embody enthusiasm and positivity, representing the brand effectively within their communities. Key attributes include strong social skills to foster robust client relationships, high personal standards encompassing honesty, integrity, and excellence in service delivery, and a strong work ethic characterized by self-discipline and reliability. Additionally, effective scheduling and time management abilities, including the capacity for multitasking, are crucial for managing the mobile, service-oriented operations. Elite Home Fitness offers this as a semi-absentee opportunity, allowing for passive ownership, which means an owner can manage the business while maintaining another job or obligation, appealing to a broad range of investors. For those with a vision for broader market impact, Elite Home Fitness is also offered as a master franchise opportunity, where a master franchisee assumes responsibility for recruiting, training, and supporting other franchisees within their designated, larger territory. The brand is actively offering new franchises throughout all 50 U.S. states, indicating widespread territory availability for qualified candidates. While specific market performance data is not available, the targeted launch in New York City in June 2025 emphasizes a focus on high-density urban areas with busy professionals and executives, suggesting these markets are considered prime for the Elite Home Fitness model. The absence of a brick-and-mortar requirement contributes to a quick setup timeline from signing to opening, allowing franchisees to commence operations efficiently.
The Elite Home Fitness franchise presents a compelling investor opportunity, strategically positioned within the rapidly expanding and recession-proof fitness industry, specifically targeting the high-demand in-home personal training segment. The global fitness and recreational sports centers market is projected for substantial growth, with estimates ranging from USD 180.44 billion by 2033 at a 4.06% CAGR to USD 324.05 billion by 2035 at an 8.15% CAGR, indicating a robust and sustained upward trend. Elite Home Fitness directly addresses critical consumer pain points such as lack of time and motivation, offering a convenient, personalized solution that resonates with the nearly 96 million U.S. adults prioritizing health and fitness in 2025. The brand's scalable, no-brick-and-mortar model significantly reduces initial investment and operational overhead, contributing to its potential for high profits and making it an attractive proposition for semi-absentee ownership. The comprehensive training and ongoing support system, coupled with the founder's proven corporate profitability of approximately $494,000 by year 4 in Boston, provides a foundational understanding of the business's potential. Investors considering the Elite Home Fitness franchise opportunity should conduct thorough due diligence, leveraging independent research to fully assess market potential and operational specifics. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Elite Home Fitness franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
49/100
SBA Default Rate
0.0%
Active Lenders
1
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Elite Home Fitness based on SBA lending data
SBA Default Rate
0.0%
0 of 2 loans charged off
SBA Loan Volume
2 loans
Across 1 lenders
Lender Diversity
1 lenders
Avg 2.0 loans per lender
Investment Tier
Low-cost entry
$61,000 – $131,000 total
Elite Home Fitness — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2023
2 approvals — best year on record for Elite Home Fitness.
Top SBA State
Virginia
2 SBA-financed Elite Home Fitness locations — the densest operator footprint.
Average Loan Size
$290K
Median $290K — use as a sizing anchor when modeling your own $Elite Home Fitness unit.
Lender Concentration
100%
Concentrated
Share of Elite Home Fitness approvals captured by the top 3 SBA lenders.
Elite Home Fitness's SBA lending pipeline peaked in 2023 (2 approvals). The last five fiscal years account for 100% of cumulative volume ($580K approved). Operator density is highest in Virginia with 2 SBA-financed locations. Average funded ticket sits at $290K, with the median at $290K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$631
Principal & Interest only
Locations
Elite Home Fitness — unit breakdown
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