SBA 7(a)/504 FOIA · FY1991–PRESENT · ARIZONA
F45 Training franchise in Arizona: what the public record shows
Franchisees of F45 Training in Arizona have taken 8 SBA loans since 1991 (average $384,012)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 14.3% is the better guide.
Loans in AZ
8
Resolved
3
Local charge-off
thin
National charge-off
14.3%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = AZ. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
Businesses in this industry
809
statewide, all operators
Per 100k residents
10.7
national 11.9
Versus the country
-10%
thinner
Every business in F45 Training's industry operating in Arizona — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in AZ | Local charge-off | Units in AZ |
|---|---|---|---|
| Orangetheory | 17 | 0.0% | — |
| ANYTIME FITNESS; ANYTIME FITNESS EXPRESS | 12 | thin | — |
| THE LITTLE GYM | 9 | thin | — |
| Club Pilates | 8 | thin | — |
| Exercise Coach | 6 | thin | — |
| Lady of America | 5 | thin | — |
| Snap Fitness Club | 5 | thin | 16 |
| Yoga Six | 5 | thin | — |
Same sector, same state, same public records — how F45 Training compares to the systems a buyer in Arizona would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing F45 Training's numbers, including talking you out of a bad deal.
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