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Row House

Row House

The total investment to open a Row House franchise ranges from $150,000 to $510,240. The initial franchise fee is $60,000. Ongoing royalties are 7% plus a 2% advertising fee.

What is the Row House franchise?

Row House operates in the Fitness and Recreational Sports Centers category and is headquartered in CARLSBAD, CA. The brand focuses on low impact, high intensity indoor rowing and has 48 total units, including 46 franchised operations and zero company owned locations. Franchised units represent 95.8% of the system, showing a strong reliance on independent owner operators. Row House addresses demand for a full body workout that limits joint impact, which can appeal to an aging health conscious population and athletes seeking cross training. Indoor rowing activates 85% of the muscles across nine major muscle groups. That positioning places the brand in the premium boutique fitness segment, which was valued at over $20 billion globally in 2023 and is projected to grow at a compound annual growth rate exceeding 10% through 2028. Guided classes and a community focused setting are intended to address ineffective routines and intimidating gym environments. Row House centers its offer on a distinct workout rather than a broad gym model, appealing to consumers who value efficacy, safety, and camaraderie. Its 48 locations and emphasis on franchised growth suggest measured market expansion rather than indiscriminate saturation.

The broader Fitness and Recreational Sports Centers category is supported by rising interest in health and wellness. The global fitness industry was valued at approximately $96.7 billion in 2023 and is projected to grow at a compound annual growth rate of 7.5% from 2024 to 2030, reaching an estimated $140 billion by the end of the decade. Consumers are paying more attention to preventive health and the long term value of regular exercise. Boutique fitness studios have grown 400% over the past decade and now represent over 40% of the total fitness club market share. Many customers will pay more for personal attention, expert instruction, and community. An aging population is seeking effective low impact exercise, while younger consumers are placing greater emphasis on overall well being. Indoor rowing is also gaining attention as a full body cardio and strength workout with low impact. These trends can appeal to people returning to fitness, rehabilitating, or seeking an alternative to high impact activities. Membership subscriptions provide recurring revenue, and established operating systems can support franchise owners. Competition includes gym chains, specialized studios, and digital platforms, so a clear service difference and strong customer experience remain important. Instructor led group classes and the established benefits of rowing give Row House a distinct position within the category.

The estimated initial investment for a Row House franchise is $150,000 to $510,240. This amount generally covers costs such as leasehold improvements, specialized rowing equipment, initial inventory, signage, grand opening marketing, technology systems, and working capital for the early operating period. Across the broader fitness franchise category, initial investments can range from $100,000 for smaller equipment light concepts to over $1 million for large format gyms. The Row House range places the concept in the mid to high tier for boutique fitness studios and reflects studio design standards, equipment, and support systems associated with a premium concept. Fitness franchise fees often range from $30,000 to $60,000 for the rights to use a brand name, trademarks, and proprietary systems. Ongoing franchise costs commonly include royalty fees of 5% to 8% of gross revenue and advertising fund contributions of 1% to 3% of gross revenue. These payments generally support franchisor assistance, brand development, and marketing. Investors should generally plan for liquid assets equal to at least 20% to 30% of the total initial investment, along with a net worth that can cover the remaining financing. A complete ownership analysis should account for startup costs, continuing fees, membership pricing, retention, and studio capacity. The stated investment range provides a basis for assessing the size of the commitment required to open a Row House studio.

A Row House studio is built around instructor led group rowing classes that typically last 45 minutes. Classes emphasize proper form, progressive overload, and member interaction. Studios use state of the art rowing machines, often Concept2 or similar high quality models, to support a consistent workout across all 48 units. A typical staffing plan includes a Studio Manager overseeing daily operations, sales, and personnel; certified coaches leading classes and representing the brand fitness approach; and sales associates handling inquiries, sales, and member retention. The model uses a relatively lean staff structure and technology for scheduling, member management, and communication. Boutique fitness studios generally use a standardized footprint of 1,500 to 2,500 square feet, with space for rowing stations, changing rooms, and reception areas. A consistent format across the 46 franchised units can support brand standards and predictable operations. Franchisee and staff training typically covers studio operations, sales and marketing, recruiting and personnel management, and the Row House workout method. Programs in this category often include several weeks of intensive instruction at the corporate headquarters in CARLSBAD, CA, followed by on site preparation. Continuing support can include marketing materials, digital campaigns, operating practices, technology updates, and coach development. Territories generally grant franchisees exclusive geographic areas to limit internal competition and give each studio a defined market. Multi unit development is often encouraged so experienced operators can build several studios within a larger area. This operating structure and support model apply across the 46 active franchised locations.

Monthly membership fees for premium boutique fitness concepts often range from $100 to $200, based on local demographics and package choices. Successful studios often maintain annual membership retention rates of 70% to 85%. The recurring membership model can create a more predictable income stream than one time sales. Row House has 48 total units and 46 franchised units, indicating market acceptance and a model that has attracted independent operators. Location quality, operating skill, local marketing, and the ability to build a strong community will affect the results of an individual studio. Prospective buyers should speak with existing Row House franchisees when permitted and prepare financial projections using local rent, staffing, membership acquisition, and retention assumptions. Actual results can vary substantially by market and execution, so buyers should test revenue and expense assumptions before committing capital.

Row House has 48 total units, including 46 franchised units, giving it a concentrated presence in the fitness sector. Its 95.8% franchised ratio shows a growth approach based heavily on independent owner operators. The existing footprint points to deliberate expansion rather than uncontrolled growth that could create operating inconsistencies. The brand has a Loan Activity Score of 57, categorized as Moderate. A Moderate Loan Activity Score indicates a balanced risk and reward profile, with a brand that is stable and growing without the most aggressive expansion seen in some sectors. Demand for specialized low impact workouts and wellness focused lifestyles may support continued growth. Row House differentiates itself by making indoor rowing the center of the entire experience. That focus supports specialized coaching, program development, and equipment use. The community model can encourage loyalty and support recurring membership revenue through engaging classes and personal member interaction. Proprietary workout programming is intended to create a consistent experience across all 48 units. Fitness technology, including booking systems, performance tracking applications, and integrated marketing platforms, can support member engagement and studio management across the 46 franchised locations. Together, these features give Row House a defined position within the competitive Fitness and Recreational Sports Centers market.

A suitable Row House franchisee is likely to bring business judgment and experience in management, sales, or entrepreneurship. A genuine interest in fitness and wellness is useful because owners are expected to represent the brand and its workout approach. The ability to build a local community is also central to the boutique model, along with interpersonal skills, customer focus, and active local marketing. Candidates with experience managing employees, running daily operations, and following brand standards may be well suited to the model. Fitness franchisors often favor operators with the financial capacity and operating resources to develop multiple studios within a territory. Multi unit ownership can create economies of scale and support more efficient market development. Likely target markets include areas with high disposable income, health conscious residents, young professionals, and families. Urban and suburban centers with strong foot traffic and convenient access are generally suitable for boutique fitness. The period from signing a franchise agreement to opening a studio typically ranges from 6 to 12 months. This period can include site selection, lease negotiations, construction, equipment installation, training, and pre opening marketing, with local permits and construction schedules affecting the timing. Fitness franchise agreements often run 5 to 10 years and may include renewal options, giving owners time to develop the business.

Loan Activity Score

57/100

SBA Default Rate

5.7%

Active Lenders

22

According to its Franchise Disclosure Document or public business records, Row House has 46 locations, all owned by franchisees. Public SBA loan records show 22 lenders made 53 loans to franchisees of Row House. PeerSense calculates Row House's score as 57 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.

Franchising since 2014 · 46 locations

Investment

$150,000 to $510,240

Franchise Fee

$60,000

Total Units

46

46 franchised

Loan Activity Score
High
57
SBA Lending
25
Lender Quality
9
Transparency
11
Reach
9
Momentum
3

Proprietary PeerSense metric

Moderate
Capital Sources
22SBA lenders

Distinct lenders in public SBA records for Row House

53

Total SBA loans

$321K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Row House

Loan Activity Score Breakdown

Established (25 to 99 loans)

High Confidence
57out of 100
Moderate
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency11/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint9/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

5.7%

vs 7.9% peer avg

SBA Loans

53

Total Volume

$17.0M

Active Lenders

22

7 selective

States

17

vs. SBA Sector Average

+2.2%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (5.7%)
Item 19 financial data disclosed

Data Insights

Key performance metrics for Row House based on SBA lending data

SBA Default Rate

5.7%

2.2% below peer avg

SBA Loan Volume

53 loans

Across 22 lenders

Lender Diversity

22 lenders

Avg 2.4 loans per lender

Investment Tier

Significant investment

$150,000 to $510,240 total

Row House: 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

2019

35 approvals. The best year on record for Row House.

Top SBA State

California

11 SBA financed Row House locations, the densest operator footprint.

Average Loan Size

$321K

Median $330K. Use as a sizing anchor when modeling your own Row House unit.

Lender Concentration

35.8%

Moderately Spread

Share of Row House approvals captured by the top 3 SBA lenders.

Row House's SBA lending pipeline peaked in 2019 (35 approvals). The last five fiscal years account for 15% of cumulative volume ($2.7M approved). Operator density is highest in California with 11 SBA financed locations. Average funded ticket sits at $321K, with the median at $330K. Lender mix is moderately spread: the top three SBA lenders account for 35.8% of approvals. Meaningful choice exists, but specific lenders carry the brand.

Payment Estimator

Loan Amount$120K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,553

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Row House, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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Row House

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman