
Conquer Ninja
Entertainment & Recreation · Family Entertainment
- Active units
- 5
- Royalty
- 7.0%
Franchised, year-end 2024
of weekly Net Sales
About Conquer Ninja
Conquer Ninja Gyms is the leading brand that offers specialized training facilities for individuals seeking ninja warrior and obstacle course training. With locations throughout the USA, our gyms provide the ultimate experience for those looking to challenge themselves and unleash their inner ninja. At Conquer Ninja Gyms, we have a variety of programs and services tailored to different skill levels. Our Rec Classes, categorized into Levels 1 to 3, offer beginners the chance to learn new skills, techniques, and obstacles that build upon their natural talents. As you progress and master these levels, you will have the opportunity to join our Pre-Team for more advanced training and begin competing. For those who want to take their skills to the next level, our Competitive Teams provide the platform to showcase your abilities in ninja warrior competitions. Our gyms are equipped with full-size and smaller-scale obstacles, ensuring a challenging and exciting experience for both kids (ages 5 and up) and adults. Led by trainers with a background in obstacle training, some of whom have competed on the American Ninja Warrior show, Conquer Ninja Gyms is dedicated to helping individuals become the best ninjas they can be. Join us today and become a member to start your journey towards becoming America's Next Ninja Warrior.
Key terms
- Franchise fee
$45k
- Targeted market development incentives
From time to time, may include reduction of the Initial Franchise Fee; franchisor may modify or terminate programs at any time.
- Brand fund
3.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Veteran discount
5000.0% off franchise fee — Reduced Initial Franchise Fee by $5,000 for qualifying U.S. military veterans with honorable discharge.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing).
Growth
- Total locations5
Franchised units open at year-end
- New openings2
Gross new units opened during the calendar year
- 1-year unit growth rate66.7%
Net unit growth versus prior year
- 3-year unit CAGR58.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio2.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$479k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 8 of 8 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.