Averan My Gym Opening Package Offer
Averan Advisors gets the books and financial systems for a new My Gym location ready before opening day, so your first month closes on time. The setup follows My Gym’s 2026 FDD and your franchise agreement.
The My Gym opening package
My Gym’s 2026 FDD puts the cost to open one location at $240,800 to $425,600, so getting the finances right from the start matters.
Averan helps My Gym franchisees get their books and financial systems ready before opening, with a dedicated fitness specialist.
- QuickBooks set up for My Gym’s reporting requirements.
- Build-out spending tracked against My Gym’s Item 7.
- Loan draw packages prepared for your lender.
- Point of sale, payroll and other systems connected and tested before opening.
Do you have 30 minutes this week? Book a 30-minute call.
Already open with another bookkeeper? See the My Gym conversion package.
What the My Gym opening package includes
QuickBooks file
We build a QuickBooks file for your My Gym location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report My Gym asks its owners for.
Analytics package
Each month we compare your results with the figures in My Gym’s 2026 FDD.
Budget tracker
We turn My Gym’s Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the point-of-sale system My Gym requires, its membership and class booking system and your payroll to the books.
Tested before opening
Before your My Gym location opens, we run one test day of sales and one test payroll through the books.
Handoff to monthly
Your My Gym royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of My Gym’s Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
My Gym figures from the FDD
My Gym’s 2026 FDD, issued 16 July 2026, makes no financial performance representation in Item 19, so it gives no sales or profit figure. A My Gym franchise costs $240,800 to $425,600 to open, including a $55,000 initial franchise fee. My Gym charges a royalty of 7% of sales, a 1% brand fund contribution and a $320 monthly technology fee.
At the end of the last year that Item 20 reports, My Gym had 10 franchise agreements signed for locations not yet open.
Send us to start
- Your signed My Gym franchise agreement.
- My Gym’s current FDD.
- The My Gym monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The point-of-sale system My Gym requires.
- The membership and class booking system.
- The My Gym reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
Questions from My Gym owners
Does Averan Advisors work with My Gym owners?
Averan Advisors sets up and keeps the books for My Gym owners, and the Averan franchise library has a breakdown of My Gym’s 2026 FDD with its fees, cost to open.
How does the My Gym royalty show up in the books?
The My Gym royalty is 7% of sales, according to My Gym’s 2026 FDD. We record it on its own line, so each month’s charge can be checked against your sales.
What does it cost to open a My Gym franchise?
My Gym’s 2026 FDD estimates in Item 7 that opening one My Gym location costs $240,800 to $425,600. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my My Gym location opens?
Your My Gym books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
Where to next
Talk to us about your My Gym opening
Send the short form for the My Gym opening package, or book a 30-minute call about your My Gym location and your opening date.
Get the offer → Book a 30-minute call