The 2026 Jazzercise FDD moves the Item 7 estimated initial investment range from $2,170–$40,745 to $4,730–$64,105, and the system contracts from 5,251 to 5,092 outlets (−3.0%) year-over-year. Neither filing includes an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $2,170 | $4,730 | +$2,560 (+118.0%) |
| High end of range | $40,745 | $64,105 | +$23,360 (+57.3%) |
| Full range | $2,170–$40,745 | $4,730–$64,105 |
The 2026 filing puts the Item 7 estimated initial investment at $4,730–$64,105, against $2,170–$40,745 in the 2025 filing. The low end moves by +$2,560 (+118.0%) and the high end moves by +$23,360 (+57.3%), widening the band from $38,575 to $59,375.
2026 filing: Royalty is based on gross member enrollment fees and paid monthly; both royalties and ad funds, if established, are based on the same gross receipts definition. The initial investment range is for class owner or business owner franchisees; lower initial investments apply for associate franchisees. See Items 5, 6, and 7 for details and fee tables.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 5,251 | 5,092 | −159 (−3.0%) |
| Franchised outlets | 5,251 | 5,092 | −159 (−3.0%) |
| Company-owned outlets | 0 | 0 | unchanged |
| Openings during the year | 385 | 239 | −146 |
| Closures during the year | 387 | 343 | −44 |
Jazzercise reports 5,092 outlets in the 2026 FDD, against 5,251 in the 2025 filing — a change of −159 (−3.0%).
Outlet counts as each filing states them — 2025: Year ended December 31, 2024; 2026: As of December 31, 2025. Outlet counts in Item 20 include all instructors classified as franchisees, regardless of whether they operate a traditional retail outlet. Company-owned facilities are operated exclusively by franchisee instructors.
Neither the 2025 nor the 2026 Jazzercise filing includes an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Standard royalty rate | 20% | 20% | unchanged |
The standard royalty rate holds at 20% of Gross Member Enrollment Fees across both filings.
2025 filing: Item 6 states royalties are generally 20% of gross member enrollment (10% for children’s programs, special events, and personal touch programs). Minimum monthly continuing fee is stated for class owner franchisees (currently $250/month; 2026 filing: 10% royalty applies to children's programs, special events, Elevate, and personal touch programs; 20% applies to all other programs. Business owner franchisees have a higher minimum monthly royalty.