Livrite Fitness
Franchising since 2021 · 1 locations
Livrite Fitness currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Livrite Fitness are Old National Bank. PeerSense FPI health score: 56/100.
1
1 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Livrite Fitness financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 3 loans charged off
SBA Loans
3
Total Volume
$1.5M
Active Lenders
1
States
1
Top SBA Lenders for Livrite Fitness
What is the Livrite Fitness franchise?
Should you invest in a fitness franchise with deep Midwestern roots, a faith-driven mission, and an emerging franchise model still taking shape? That is the central question any serious investor must answer before engaging with the Livrite Fitness franchise opportunity, and the answer requires honest, data-dense analysis rather than marketing language. Livrite Fitness traces its operational lineage to the early 1980s, when founder Greg Lymberopoulos first entered the fitness industry in the St. Louis metropolitan area. Between 1981 and 1987, Greg and Deena Lymberopoulos built and operated five full-service fitness centers across the St. Louis region, growing fast enough that their company earned a ranking of 299th on Inc. Magazine's list of the 500 fastest-growing companies in the United States — a meaningful distinction that speaks to the operational competence behind the brand. In 1988, the Lymberopoulos family pivoted strategically, purchasing a racquetball club in Indianapolis, remodeling it into a modern fitness facility, and relocating headquarters to Indianapolis under the Livrite Fitness name. The St. Louis facilities were divested between 1989 and 1994 as the brand consolidated around its Indiana identity. Greg sold all Livrite locations in 2000 but retained the brand rights, subsequently re-entering the market by acquiring underperforming clubs in Indiana and Illinois. The company was formally incorporated on June 19, 2002, with headquarters now recorded at 14640 Herriman Blvd, Noblesville, IN 46060, and current operational records citing Anderson, Indiana as the primary base. As of the most recent available data, Livrite Fitness operates one active location and is formally positioning itself as moving toward franchising, making this an early-stage franchise opportunity in a sector where the global fitness and recreational sports center market was valued at approximately $254.20 billion in 2024. The brand's positioning is explicitly faith-centered, with leadership describing its franchise expansion as carrying a cross behind Jesus, signaling a values-driven culture that will resonate with a specific segment of franchise investors and fitness consumers alike.
The fitness and recreational sports center industry represents one of the most structurally compelling franchise investment categories available today, backed by secular health and wellness tailwinds that show no signs of reversing. The global fitness and recreational sports center market was valued at $254.20 billion in 2024 and is projected to reach $367.07 billion by 2032, representing a compound annual growth rate of 4.70% over that forecast period. A separate analytical framework estimates the market at $148.03 billion in 2025 growing to approximately $324.05 billion by 2035, implying a CAGR of 8.15% under that projection methodology — a variance that reflects differing scope definitions but consistently signals robust long-run growth. North America dominates the global market with a 37.5% share in 2024 and approximately 38.4% in 2025, driven by strong consumer spending, high health awareness, and a deeply developed fitness infrastructure across major metropolitan markets. The global health and wellness macro category reached $6.87 trillion in 2025 and is projected to hit $11 trillion by 2034, creating a rising tide that lifts gym membership demand, personal training revenue, and ancillary wellness services simultaneously. Key consumer trends accelerating demand include wearable technology adoption, virtual fitness class integration, boutique studio formats, and an expanding demographic base — the 35-and-younger segment held approximately 48.6% of the fitness market in 2025, while the 55-and-older cohort is the fastest-growing demographic segment, and women accounted for 54.1% of market revenue share in 2024. The membership-driven revenue model that Livrite Fitness operates under is the dominant commercial structure in the industry, with the membership segment holding approximately 91.4% of global fitness market share in 2025, providing predictable recurring revenue that franchise investors in virtually every other retail category spend years trying to engineer. The boutique fitness sub-sector, where community-driven, intimate facilities like Livrite compete, is projected to grow from $37.15 billion in 2024 to $59.91 billion by 2030 at a CAGR of 8%, adding further validation to the community-focused, full-service gym model that the Livrite Fitness franchise opportunity is built around.
Because Livrite Fitness is formally described as moving toward franchising rather than operating an active, multi-unit franchise system, the specific financial architecture of the Livrite Fitness franchise cost has not yet been publicly disclosed. The company has not released a formal Franchise Disclosure Document with itemized fee structures for the investment public to evaluate. For context on where a concept of this profile would likely fall within the competitive landscape, industry benchmarks for health and fitness franchises in 2025 show that franchise fees range from under $25,000 for budget-oriented gym brands to over $250,000 for premium, full-service multi-amenity facilities. Royalty rates across the fitness franchise category typically hover around 6% of gross sales, with marketing fund contributions commonly running near 4% of gross sales — creating a combined ongoing fee burden of approximately 10% of top-line revenue that franchisees must model carefully against their unit-level gross margins. Total initial investment ranges vary widely by format: low-investment gym franchise models generally fall between $90,000 and $250,000, mid-range boutique studios require $250,000 to $700,000 in total capital deployment, and full-service big-box gym formats can demand $1 million to $4 million or more inclusive of real estate, equipment, build-out, and working capital. Livrite Fitness's Fishers, Indiana location, which opened in December 2019 as a full-service facility spanning two floors and approximately 40,000 square feet, illustrates the capital intensity of the full-service model the brand operates. A 40,000-square-foot facility with amenities including a saltwater heated indoor pool, sauna, and hot tub would place any comparable franchise investment toward the higher end of the capital range spectrum, suggesting that a Livrite Fitness franchise investment, when formally structured, will likely require substantial liquid capital and a meaningful net worth threshold to qualify. Investors exploring the Livrite Fitness franchise opportunity should prepare for a pre-FDD diligence process that involves direct engagement with corporate leadership to obtain current investment parameters before any financial commitments are made.
Understanding daily operations is critical for any franchise investor evaluating the Livrite Fitness franchise, particularly because the brand's existing locations provide a working blueprint for what franchised units would replicate. Livrite Fitness facilities are full-service fitness centers, and the Fishers location's 40,000-square-foot, two-floor footprint with amenity-rich infrastructure including saltwater pools, saunas, and hot tubs indicates a staffing model that requires multiple departments operating simultaneously — fitness floor supervision, aquatics management, front desk membership services, and facilities maintenance. This is an owner-operator-friendly model in the sense that a hands-on franchisee with prior management experience could build a cohesive culture quickly, but the operational complexity of a multi-amenity facility means that staffing depth is essential and that labor costs will represent a significant share of total operating expenses. Livrite Fitness has demonstrated a family-managed operational structure across its Indiana locations, with Greg Lymberopoulos serving as President, his son Kyle Lymberopoulos serving as general manager, and other family members involved in individual location ownership — a structure that historically fosters high-touch service delivery and cultural consistency. Employee reviews from 2019 describe the internal culture as positive and energetic, with supportive teams and upbeat personalities, signals that point toward a franchise culture emphasis on people development rather than transactional labor management. The company offers team members free gym membership as part of their compensation structure, a low-cost retention benefit that is standard practice among fitness operators who understand that staff who use the facility become authentic brand ambassadors. As a franchise model is formalized, territory structure, training program duration, field support infrastructure, and technology platforms will be key evaluation criteria — categories where Livrite's corporate team will need to build institutional capability beyond the family-operated model that has defined its history to date. The brand's self-described Christian faith foundation will likely shape franchise qualification criteria and cultural training components in ways that meaningfully differentiate the Livrite Fitness franchise opportunity from secular fitness franchise concepts competing for the same investor audience.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Livrite Fitness, and because the brand is in a pre-franchising developmental stage rather than an active multi-unit system, no audited unit-level revenue, gross margin, or net profit data is available through formal FDD channels. This absence is not unusual for an emerging franchise concept — in 1995, only 20% of franchisors included financial performance representations in their FDDs, though that figure has grown to 86% by 2024, meaning that as Livrite formalizes its franchise offering, investor expectations for Item 19 disclosure will be high and the decision to include or exclude it will carry significant signal value about management's confidence in unit economics. What public information does reveal is directionally useful: Livrite Fitness positions its membership pricing as affordable, with a no-commitment rate referenced at $45 per month alongside a $50 enrollment fee and a $36 annual facility fee assessed three months into membership. Modeling conservatively, a 40,000-square-foot full-service location with a community-driven membership base would need several thousand active members at those price points to generate revenue in the range that makes the business model viable — an exercise that investors should build out explicitly using facility capacity assumptions and the brand's documented amenity set. The broader fitness franchise industry provides benchmark context: full-service gym concepts with pool and spa amenities in Midwestern suburban markets typically generate annual revenues in the range of $1.5 million to $4 million depending on membership volume, pricing tier, and ancillary revenue streams including personal training, group fitness classes, and merchandise. Livrite Fitness's Fishers location opened in December 2019 but had its grand opening interrupted by the COVID-19 shutdown, which created a meaningful headwind during what is typically the highest-enrollment period of a new facility's lifecycle — a historical factor that complicates any backward-looking performance inference from that unit's early operating data. Until formal Item 19 disclosures are made available through a filed FDD, prospective franchisees should conduct primary research by engaging directly with the Lymberopoulos family and visiting operating locations to develop their own unit economics model with validated local assumptions.
Livrite Fitness's growth trajectory is best understood as a brand in active reformation rather than linear expansion, and that context is essential for investors evaluating the franchise opportunity against more established competitors. After Greg Lymberopoulos divested all original Livrite locations in 2000, he reassembled the brand by acquiring failing clubs in Indiana and Illinois, demonstrating a turnaround competency that forms part of the operational DNA now being packaged into a franchise model. By February 2021, the operating portfolio included four Indiana locations — Anderson, Noblesville, Fishers, and an Indianapolis location near East 62nd Street and Binford Boulevard — plus a Fairview Heights, Illinois location, representing a five-unit footprint built through acquisition and redevelopment. Since 2021, the portfolio has rationalized: Livrite Fairview Heights was sold prior to the pandemic, the Noblesville real estate was divested, and the Anderson location was sold in 2022 to Kyle and Jessica Lymberopoulos, meaning the current corporate operational base has consolidated while family-controlled ownership extends the effective brand footprint through related-party transactions. The Fishers location, which opened in December 2019 as the newest and largest purpose-built facility in the portfolio, represents the brand's most current operational expression and the most relevant template for what a franchised Livrite Fitness location would look like. The competitive moat that Livrite Fitness is building is rooted in four elements: a multi-decade operational history in Midwestern fitness markets, a full-service amenity offering that smaller boutique operators cannot match, a values-aligned community culture that creates member retention advantages in faith-active demographics, and a family ownership structure that enables rapid decision-making and authentic brand stewardship. The franchise system, as it develops, will need to translate those culturally embedded advantages into replicable operational systems and training programs that non-family franchisees can execute with consistency — the central challenge of any founder-led brand transitioning to a franchised growth model.
The ideal Livrite Fitness franchise candidate is an operator-investor with genuine passion for health, wellness, and community development, because the brand's faith-centered, people-first culture is not incidental to the business model — it is the business model. Background in fitness facility management, multi-employee service operations, or community-oriented businesses would be directly applicable, and any candidate without prior fitness industry experience should plan to invest significant time working within an existing Livrite location before committing to an ownership agreement. The family's operational history in Indiana and Illinois suggests that the initial franchising geographic focus will likely concentrate on Midwestern markets where the brand has existing recognition, though the suburban Indianapolis markets where Livrite's existing locations operate — Anderson, Noblesville, Fishers — provide a useful profile of the community type where the brand performs well: mid-sized suburban cities with strong family demographics, active church communities, and a health-conscious consumer base that values affordable, full-service fitness over budget-only options. Multi-unit development is a realistic pathway for well-capitalized operators given the brand's early-stage franchise positioning, as first-mover franchisees in emerging systems often negotiate favorable territory rights in exchange for multi-unit commitments. The timeline from franchise agreement execution to facility opening for a full-service, amenity-rich format like Livrite will realistically span twelve to eighteen months inclusive of site selection, lease negotiation, permitting, build-out or conversion, equipment installation, and staff hiring — investors should model pre-opening carrying costs across that full development window.
Livrite Fitness represents a franchise opportunity that combines a forty-year operational heritage with an early-stage franchising structure, positioned within one of the most fundamentally sound investment categories in the entire franchise universe — a global fitness market valued at $254.20 billion in 2024 and growing toward $367.07 billion by 2032. The brand's FPI Score of 56 reflects a moderate risk-reward profile consistent with an emerging franchise system that carries the credibility of a proven operator but the execution uncertainty of a concept that has not yet scaled through independent franchisee ownership. The faith-driven mission, the full-service facility model, the multi-amenity differentiation, and the Lymberopoulos family's demonstrated ability to build, sell, and rebuild fitness businesses across four decades all constitute genuine competitive strengths that any serious fitness franchise investor should weigh carefully against the current absence of formal FDD disclosures and Item 19 financial performance data. Due diligence for this opportunity requires going deeper than publicly available documents — it requires direct conversations with Greg and Kyle Lymberopoulos, visits to the Fishers location, and independent financial modeling built on local market demographics and competitive analysis. 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 that allow investors to benchmark the Livrite Fitness franchise investment against comparable fitness concepts across every critical performance dimension. Explore the complete Livrite Fitness franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
56/100
SBA Default Rate
0.0%
Active Lenders
1
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Livrite Fitness based on SBA lending data
SBA Default Rate
0.0%
0 of 3 loans charged off
SBA Loan Volume
3 loans
Across 1 lenders
Lender Diversity
1 lenders
Avg 3.0 loans per lender
Livrite 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
2022
2 approvals — best year on record for Livrite Fitness.
Top SBA State
Indiana
3 SBA-financed Livrite Fitness locations — the densest operator footprint.
Average Loan Size
$507K
Median $100K — use as a sizing anchor when modeling your own $Livrite Fitness unit.
Lender Concentration
100%
Concentrated
Share of Livrite Fitness approvals captured by the top 3 SBA lenders.
Livrite Fitness's SBA lending pipeline peaked in 2022 (2 approvals). The last five fiscal years account for 100% of cumulative volume ($1.5M approved). Operator density is highest in Indiana with 3 SBA-financed locations. Average funded ticket sits at $507K, with the median at $100K. 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
$5,176
Principal & Interest only
Locations
Livrite Fitness — unit breakdown
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