Skip to main content
Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
Training Mate

Training Mate

Franchising since 2013 · 1 locations

The initial franchise fee is $49,500. Ongoing royalties are 6%. Training Mate currently operates 1 locations (1 franchised). PeerSense FPI health score: 50/100.

Franchise Fee

$49,500

Total Units

1

1 franchised

FPI Score
Low
50

Proprietary PeerSense metric

Moderate
Capital Partners
1lenders available

Active capital sources verified for Training Mate 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)

Limited Data
50out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loans

1

Total Volume

$0.5M

Active Lenders

1

States

1

Top SBA Lenders for Training Mate

What is the Training Mate franchise?

For prospective investors navigating the dynamic landscape of the fitness industry, the fundamental challenge lies in identifying a franchise opportunity that not only offers a proven business model but also aligns with significant market tailwinds and provides robust operational support. The decision to invest in a franchise like Training Mate Franchising requires a meticulous evaluation of its unique brand proposition, financial requirements, growth trajectory, and competitive positioning within a rapidly expanding sector. PeerSense, as the leading independent franchise research platform, provides an unbiased, data-driven analysis to empower informed investment decisions, cutting through marketing rhetoric to deliver actionable intelligence. Training Mate was established in 2013 by Luke Milton, a former Australian professional rugby player, alongside his wife Kerry, with the vision of creating an Aussie-inspired fitness studio experience. Milton, a recognized celebrity trainer in Southern California, inaugurated the first studio in West Hollywood, building a brand around a distinct blend of high-energy fitness and social connection. The company's operational headquarters are strategically located at 3858 Oak Lawn Ave., #430, Dallas, TX 75219, with Luke Milton also serving as the Chief Executive Officer, providing consistent leadership from its inception. As of 2026, Training Mate operates a total of 18 units, comprising 4 company-owned units and 14 franchised units, demonstrating a clear commitment to a franchise-led expansion model. However, the brand's growth figures exhibit variance across different reporting periods, with the 2025 Franchise Disclosure Document (FDD) data indicating 3 franchised Training Mate locations spread across 2 states in the USA, predominantly in the West with 2 franchise locations. A November 2025 report further detailed 8 studios actively operating in California and Texas, complemented by an additional 5 locations under development, signifying active growth. More recently, a March 2026 SBA lending data report confirmed 1 verified location across 1 state, reflecting the ongoing nature of new unit openings and reporting cycles. Originating in Australia, Training Mate Franchising has strategically focused its franchise operations on the United States market, with no current Canada or international franchise activities explicitly mentioned, emphasizing a concentrated national expansion. This brand is positioned within the burgeoning Fitness and Recreational Sports Centers market, which was valued at USD 123.77 Billion in 2024 and is projected to reach USD 180.44 Billion by 2033, demonstrating a robust Compound Annual Growth Rate (CAGR) of 4.06% from 2025 to 2033. Another comprehensive report from February 2026 estimated the market size at USD 146.33 billion in 2025, forecasting an increase to USD 159.39 billion in 2026, and a substantial growth to USD 235.47 billion by 2031, at an accelerated CAGR of 8.12% during the 2026-2031 forecast period. This significant market scale and consistent growth trajectory underscore why Training Mate Franchising matters to franchise investors: it operates in a category with sustained demand, offering a unique, community-centric fitness concept poised for national scale with a distinct cultural identity.

The Fitness and Recreational Sports Centers market presents a compelling landscape for franchise investment, characterized by substantial scale and consistent growth rates that underscore its resilience and future potential. In 2016, the global market size was $83,680 million, with projections indicating a rise to $113,116 million by 2023, reflecting a Compound Annual Growth Rate (CAGR) of 4.4% from 2017 to 2023. More recent valuations further solidify this upward trend, with the global market size recorded at USD 123.77 Billion in 2024, and an impressive forecast to reach USD 180.44 Billion by 2033, growing at a CAGR of 4.06% from 2025-2033. A February 2026 estimate provides an even more optimistic outlook, valuing the market at USD 146.33 billion in 2025, projecting growth to USD 159.39 billion in 2026, and an eventual expansion to USD 235.47 billion by 2031, at a robust CAGR of 8.12% during the 2026-2031 forecast period. North America stands out as a dominant market within this global landscape, holding a substantial 37.5% market share in 2024 and expanding to 38.44% in 2025, indicating a strong regional demand that directly benefits U.S.-focused brands like Training Mate Franchising. Key consumer trends are unequivocally driving this demand, with a pronounced increase in health and wellness awareness across demographics. The percentage of Americans engaging in daily exercise has steadily climbed from 18.5% in 2010 to 21.1% in 2023, signaling a fundamental shift in lifestyle priorities. This elevated engagement directly translates into a projected 14% growth in demand for fitness trainers over the next decade, providing a clear secular tailwind for fitness businesses. The industry is witnessing an expansion beyond the traditional 18-35 age demographic, now actively attracting 35-54 year-olds and individuals under 18, driven by an aging population seeking active lifestyles and broader health awareness across all age groups. Female participation has also significantly increased, with approximately 40% of fitness and recreational sports center members being female, broadening the customer base. Consumers are increasingly seeking customized, efficient, and convenient fitness experiences, fueling the adoption of advanced technology such as wearable devices, virtual fitness classes, and specialized fitness apps, which in turn influences operational models. The rising demand for holistic health and wellness experiences, coupled with the prevalence of hybrid models offering both offline and online classes, defines the evolving competitive dynamics. Post-pandemic, community-based boutique fitness programs, like the one offered by Training Mate Franchising, are experiencing a powerful resurgence as consumers prioritize social connection and shared experiences. Fitness has solidified its position as an integral component of health, wellness, and lifestyle spending, with a 2025 global report indicating an average industry revenue increase of 8% and 90% of fitness business operators anticipating further revenue gains in 2025. Youth interest in modern fitness regimes, including High-Intensity Interval Training (HIIT) and Mixed Martial Arts (MMA), is on the rise, creating new market segments. In 2025, gymnasiums and health clubs commanded 41.15% of the market share, while yoga studios are projected to grow at an 8.53% CAGR through 2031, demonstrating diverse segment opportunities. Adults accounted for 46.26% of revenue in 2025, with the kids and children segment poised for significant expansion at a 9.24% CAGR through 2031. Membership fees contributed 91.35% of service-type revenue in 2025, but personal training and instruction services are growing at an 8.75% CAGR to 2031, reflecting a strong willingness among consumers to invest in outcome-focused programs. Personal training sessions in North America typically command between USD 50 and USD 150 per hour, while small-group sessions (3-6 participants) are priced at USD 30-60 per person, highlighting the profitability of specialized services. This fragmented yet growing industry, driven by macro forces of health consciousness, technological integration, and a desire for community, creates a fertile ground for well-positioned franchise opportunities.

The financial commitment required for a Training Mate Franchising franchise represents a mid-tier investment within the broader fitness sector, offering a structured pathway for aspiring entrepreneurs. The single unit franchise fee is currently $49,500, a figure that has evolved from previous reporting periods, including a $50,000 fee indicated in June 2025 and an older $40,000 fee cited in December 2022, reflecting adjustments in the brand's expansion strategy and value proposition. For multi-unit investors, Training Mate Franchising offers tiered discounts, with the franchise fee for the second unit set at $40,000, the third unit at $35,000, and subsequent units priced at $30,000 each, incentivizing accelerated development. The total investment range for a Training Mate Franchising unit is estimated between $222,500 and $556,700, a comprehensive figure that covers essential expenses such as furniture, fixtures, initial inventory, and leasehold improvements necessary for establishing the brand's signature studio environment. This range is notably higher than an older estimate from December 2022, which provided a range of $181,000 to $346,700, indicating an increase in build-out costs or enhanced brand standards over time. To qualify for a Training Mate Franchising opportunity, prospective franchisees are required to demonstrate a liquid capital availability of $150,000, although another source indicates a broader cash required range between $100,000 and $250,000, offering some flexibility in financial planning. Additionally, a minimum net worth requirement of $500,000 ensures that franchisees possess the necessary financial stability to support the investment. The ongoing royalty rate for Training Mate Franchising is structured to support the brand's long-term growth and franchisee success, starting at 5% of gross sales for the first year and increasing to 6% thereafter, based on the most recent IFPG data. Previous reporting included variations such as a consistent 6.0% ongoing royalty fee or an older video from July 2022 mentioning royalties at 6% of gross sales for months 0-12 and 7% every year thereafter, highlighting the importance of consulting the latest FDD for precise terms. An advertising fee, contributing to a centralized ad fund, is set at 2% of gross sales, ensuring collective marketing efforts to enhance brand visibility and drive customer acquisition. An older source from July 2022 also mentioned local advertising fees ranging from $1,500 to $2,000 per month, indicating a shift towards a percentage-based contribution for broader impact. Furthermore, franchisees should account for working capital needs, estimated between $30,000 and $60,000, to cover initial operational expenses and maintain liquidity during the ramp-up phase. Training Mate Franchising demonstrates its commitment to supporting military personnel by offering a 10% discount on the franchise fee for the first unit to qualified veterans, making the Training Mate Franchising franchise investment more accessible. While no explicit parent company is mentioned, Training Mate has strategically partnered with Franchise FastLane and its CarPool accelerator program, which provides significant corporate backing and resources to aid in its national expansion and development, enhancing the support infrastructure for franchisees. This comprehensive financial framework positions Training Mate Franchising as an accessible yet substantial franchise opportunity, designed for individuals with adequate capital and a commitment to scaling a fitness business.

The operational model for Training Mate Franchising is meticulously designed to ensure consistency in brand experience while providing franchisees with a clear framework for success. Daily operations for a Training Mate Franchising franchisee involve active management of the studio, which includes building and nurturing a dedicated team of coaches and front-of-house staff, and ensuring the brand's unique culture of community and high-energy fitness is consistently delivered to every member. The brand emphasizes a storefront franchise opportunity, with prospective locations advised to secure spaces of at least 2,500 square feet, and the corporate team works closely with franchisees to ensure location designs adhere to the brand's specific aesthetic and functional requirements. Training Mate Franchising provides an intensive initial training program totaling 56 hours, meticulously structured to equip new franchisees with the necessary knowledge and skills. This program includes 28 hours of classroom training, covering theoretical aspects of business management, brand standards, and the fitness industry, complemented by 28 hours of practical, on-the-job training, ensuring hands-on experience in studio operations. The company underscores its comprehensive training program's design to educate franchisees on the "ins and outs" of the business and the broader fitness industry, minimizing the need for prior fitness expertise. A robust support structure underpins the Training Mate Franchising system, significantly benefiting from its partnership with Franchise FastLane and its CarPool accelerator program. This strategic alliance provides franchisees with invaluable coaching, specialized training, and continuous ongoing support, crucial for navigating the complexities of business ownership and scaling operations. A key differentiator for Training Mate Franchising is its centralized programming, with all workout content meticulously developed by the founder, Luke Milton, ensuring brand consistency and high-quality fitness experiences across all locations. This centralized approach means franchisees are not required to be fitness experts themselves, as the core product is professionally designed and delivered, allowing them to focus on business management and community building. The brand explicitly highlights its "centralized support" and a "proven model," providing franchisees with a clear operational blueprint. Regarding territory, Training Mate Franchising is actively registered in California (CA) and Illinois (IL), with pending registrations across a wide array of states including Hawaii (HI), Indiana (IN), Kentucky (KY), Maryland (MD), Michigan (MI), Minnesota (MN), Nebraska (NE), New York (NY), North Dakota (ND), Rhode Island (RI), South Dakota (SD), Virginia (VA), Washington (WA), and Wisconsin (WI), indicating a broad national expansion strategy. The multi-unit investment structure, with tiered franchise fee discounts for additional units ($40,000 for the second, $35,000 for the third, and $30,000 for each thereafter), encourages franchisees to develop multiple locations. Training Mate Franchising explicitly allows for semi-passive or passive ownership, offering flexibility for investors who may not wish to be involved in daily operations. In such cases, an absentee franchisee would be responsible for recruiting and overseeing a competent manager to handle the day-to-day running of the studio, ensuring the brand's high standards are consistently met.

For prospective investors evaluating the Training Mate Franchising opportunity, it is critical to note that Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document. This means specific average revenue per unit, median revenue, or profit margins are not publicly available within the provided search results, aligning with the legal discretion granted to franchisors regarding earnings claims. Consequently, prospective franchisees are advised to directly request performance data from the franchisor and, crucially, to engage with existing franchisees to gain firsthand insights into unit-level economics and operational profitability. While direct financial performance representations are absent, several indicators within the provided data suggest a positive market position and growth trajectory that can inform an investor's assessment of potential unit-level performance. Training Mate Franchising has achieved notable recognition, with one of its Dallas studios being voted the top fitness studio in the Dallas-Fort Worth area within its inaugural year of operation, a strong signal of early market acceptance and operational excellence. The brand has also earned coveted spots on multiple "Best Gyms" lists, reinforcing its reputation for delivering a high-quality fitness experience and attracting a loyal customer base. These accolades, while not direct financial figures, point to strong brand appeal and customer satisfaction, which are foundational for generating robust revenue. The brand's aggressive national expansion strategy further underscores its confidence in the unit economics and market demand. As of October 2024, Training Mate Franchising had concrete plans to open locations in key growth markets, including Plano, Houston, Encino (Los Angeles), Austin, and Las Vegas, within the subsequent year, with an additional six locations slated for the year after that. This planned expansion, supported by a partnership with Franchise FastLane and its CarPool accelerator program, implies a belief in scalable and profitable unit operations. From an industry perspective, the Fitness and Recreational Sports Centers market provides compelling benchmarks. The global market size was valued at USD 123.77 Billion in 2024 and is estimated to reach USD 180.44 Billion by 2033, exhibiting a CAGR of 4.06% from 2025-2033. Another report from February 2026 estimates the market size at USD 146.33 billion in 2025, growing to USD 159.39 billion in 2026, and projected to reach USD 235.47 billion by 2031, at a CAGR of 8.12% during the 2026-2031 forecast period. North America, a dominant market, held a 37.5% market share in 2024 and 38.44% in 2025, indicating a strong regional environment for fitness businesses. The industry's average revenue increased by 8% according to a 2025 global report, with 90% of fitness business operators expecting further revenue gains in 2025, suggesting a generally healthy financial environment for well-managed studios. While specific Training Mate Franchising revenue figures are not disclosed, the brand's positive market reception, strategic expansion, and its operation within a robust and growing industry sector suggest a strong potential for favorable unit-level performance. However, due diligence remains paramount, requiring direct engagement with the franchisor for any available financial data and thorough validation through existing franchisees.

The growth trajectory of Training Mate Franchising reflects a strategic and ambitious national expansion, underpinned by a clear vision and robust partnerships. As of 2026, the brand operates 4 company-owned units and 14 franchised units, totaling 18 locations, demonstrating a growing footprint. However, unit count reports vary across different periods, with the 2025 Franchise Disclosure Document (FDD) data indicating 3 franchised locations across 2 states, primarily in the West with 2 units. A November 2025 report further detailed 8 studios operational in California and Texas, complemented by an additional 5 locations under active development, signifying a net addition of at least 5 units in the near term. A March 2026 SBA lending data report confirmed 1 verified location across 1 state, further illustrating the ongoing nature of new studio openings. Training Mate Franchising is actively pursuing a national expansion strategy, aiming to grow significantly beyond its established presence in California and Texas. As of October 2024, the brand had concrete plans for substantial new unit development, with locations in Plano, Houston, Encino (Los Angeles), Austin, and Las Vegas slated to open within the subsequent year, representing a significant expansion into new markets. This initial wave of growth is projected to be followed by an additional six locations planned for the year after that, indicating a sustained multi-year growth pipeline. Recent corporate developments underscore this aggressive expansion, notably the August and November 2025 announcements of Training Mate Franchising's partnership with Franchise FastLane and its CarPool accelerator program. This strategic alliance is designed specifically to facilitate national expansion and development, providing critical resources and expertise. Further bolstering its leadership and growth capabilities, Gillian Harper, a franchise professional with over 20 years of experience, joined Training Mate Franchising as Chief Development Officer to help scale the brand effectively. The competitive moat for Training Mate Franchising is primarily built upon its distinctive brand culture and unique fitness concept. Founder Luke Milton describes the concept as "49% fitness, 51% social," emphasizing human connection through fitness and fostering a strong sense of "community, camaraderie and 'mateship'." This focus differentiates it from purely performance-driven fitness centers, creating a loyal member base. The workouts themselves are 45-minute low-impact High-Intensity Interval Training (HIIT) classes, meticulously designed to be fun, welcoming, and accessible, broadening its appeal. The brand's centralized programming, with all workout content developed by Luke Milton, ensures consistency and high quality across all locations, maintaining brand integrity as it scales. Training Mate Franchising has also garnered significant recognition, including one of its Dallas studios being voted the top fitness studio in the Dallas-Fort Worth area within its first year of operation, and earning spots on multiple "Best Gyms" lists. These accolades enhance brand recognition and validate its unique approach, contributing to customer loyalty and attracting new members. The brand is adapting to current market conditions by leveraging its community-based boutique fitness model, which is experiencing a resurgence post-pandemic as consumers seek social connection and engaging in-person experiences, providing a strong competitive advantage in a market increasingly valuing holistic wellness.

The ideal franchisee for Training Mate Franchising is an individual who possesses strong leadership and management skills, even if they are not directly involved in daily fitness instruction. While the brand provides centralized workout programming developed by founder Luke Milton, meaning franchisees do not need to be fitness experts, they must be capable of managing daily operations, building and motivating a high-performing team of coaches and front-of-house staff, and ensuring the brand's distinctive culture of "community, camaraderie and 'mateship'" is consistently delivered. Experience in team leadership, customer service, and business management would be highly beneficial for a prospective Training Mate Franchising franchisee. The brand explicitly allows for semi-passive or passive ownership, which means an absentee franchisee is a viable option, provided they are adept at recruiting and overseeing a competent manager to handle the day-to-day operations of the studio. This flexibility caters to a broader range of investors, including those with other business interests or career commitments, while still requiring a strategic oversight role. Training Mate Franchising actively encourages multi-unit development, offering tiered franchise fee discounts: $40,000 for the second unit, $35,000 for the third unit, and $30,000 for each unit thereafter, signaling a preference for franchisees capable of scaling. The geographic focus for expansion is the United States, with the brand actively registered in California (CA) and Illinois (IL). Furthermore, Training Mate Franchising has pending registrations in a significant number of states, including Hawaii (HI), Indiana (IN), Kentucky (KY), Maryland (MD), Michigan (MI), Minnesota (MN), Nebraska (NE), New York (NY), North Dakota (ND), Rhode Island (RI), South Dakota (SD), Virginia (VA), Washington (WA), and Wisconsin (WI), indicating a broad national availability. As of October 2024, specific target markets for immediate expansion included Plano, Houston, Encino (Los Angeles), Austin, and Las Vegas, with an additional six locations planned for the subsequent year, suggesting that these high-growth urban and suburban areas are performing well or are identified as prime markets for the Training Mate Franchising concept. The typical timeline from signing the franchise agreement to opening a Training Mate Franchising studio is influenced by factors such as real estate acquisition, build-out, and training, with the company working closely with franchisees to ensure location designs meet the brand's specific needs, typically requiring at least 2,500 square feet. The franchise agreement term length is not specified within the provided data, but standard franchise agreements typically range from 5 to 10 years with renewal options, subject to meeting performance criteria and paying a renewal fee. Transfer and resale considerations would be outlined in the Franchise Disclosure Document, allowing for the eventual sale of the business under specified conditions.

For a discerning investor seeking a robust franchise opportunity within the high-growth fitness sector, Training Mate Franchising warrants serious due diligence. The brand's unique "49% fitness, 51% social" philosophy, coupled with its Aussie-inspired, community-centric 45-minute low-impact HIIT classes, positions it distinctly within a market increasingly valuing holistic wellness and social connection. With the Fitness and Recreational Sports Centers market projected to reach USD 235.47 billion by 2031 at an 8.12% CAGR, and North America holding a significant 38.44% market share, Training Mate Franchising is operating in a segment with profound secular tailwinds. The commitment to national expansion, evidenced by strategic partnerships with Franchise FastLane and plans for opening locations in Plano, Houston, Encino, Austin, and Las Vegas, suggests a scalable and well-supported growth model. The comprehensive training program of 56 hours, centralized programming developed by founder Luke Milton, and robust corporate support structure mitigate operational complexities for franchisees. While Item 19 financial performance data is not disclosed, the brand's recognition as a top fitness studio in Dallas-Fort Worth and inclusion on "Best Gyms" lists provides strong qualitative indicators of market acceptance and operational success. The investment requirements, including a single unit franchise fee of $49,500 and a total investment range of $222,500 to $556,700, position Training Mate Franchising as a mid-tier opportunity with attractive multi-unit development potential via tiered fee discounts. 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 Training Mate Franchising franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

50/100

SBA Default Rate

0.0%

Active Lenders

1

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Training Mate based on SBA lending data

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loan Volume

1 loans

Across 1 lenders

Lender Diversity

1 lenders

Avg 1.0 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Training Mateunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

Explore Funding for Training Mate

Our business financing consultants help connect you with the right lending partners. No retainers — referral fee paid at closing.

One more step: check the consent box above and type your full legal name as signature to enable submission.

No retainers · Referral fee at closing

Or get an instant analysis

Scan Your Deal Instantly
Training Mate