MindbodyMindbody
Mandatorycabling, and sound and surveillance equipment we require for the operation of the Studio. All bookings and sales for your Studio must be completed online. We require that you use MindBody as your poin
From the filings
+100% units YoYHQ-led decisions
Vaura
FitnessVaura runs 2 franchised fitness locations for a Texas-headquartered franchisor at a $1,417,266 average unit volume, growing 100% year over year. Item 11 of its FDD requires Mindbody for studio management, and the brand sits inside F45 Training Holdings. The initial term runs 10 years at a 7% royalty.
For software vendors selling into US franchise brands.
Live signals
Total units
2
2 franchised
Unit growth YoY
+100%
vs prior filing
AUV
$1.42M
Item 19, 2026
Royalty
7%
of gross sales
Ad fund
2%
national + local
Initial fee
$100K
per unit
Investment range
$868K–$1.36M
all-in, Item 7
Procurement
Approved supplier
from the filing
Non-compete
2 years
from the filing
Item 19
Claims
from the filing
Ongoing fee load
What the operator pays every month
The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.
9%of gross sales (FY2026)
15% reference
Mandated & recommended tech
The systems vendors compete with
1 of these are mandated in the franchise agreement. Each is named in Item 11 of the filing, the incumbents a challenger must displace or integrate with.
FacebookMeta
ia Accounts we require have the number of followers, “likes,” or similar designations that we require. We may establish, on your behalf, social media accounts for the Studio (e.g. Facebook and Instagr
InstagramMeta
e require have the number of followers, “likes,” or similar designations that we require. We may establish, on your behalf, social media accounts for the Studio (e.g. Facebook and Instagram) (“Social
Franchisor behaviours
What the franchisor requires
29 requirements the franchisor states in this filing, each in its own words; 2 explicit no's; 3 questions the text does not settle, which is not a no.
Accounting
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesItem 11
Among other things, we may require you to install and maintain systems that permit us to independently access and retrieve electronically any information stored in your computer systems, including, without limitation, information concerning Gross Sales, at the times and in the manner that we require.
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
Franchisee will, at Franchisee’s expense, submit to Franchisor, in the form prescribed by Franchisor, Franchisee’s monthly balance sheet and profit and loss statement (which may be unaudited) within twenty (20) days after the end of each month during the Term hereof.
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
Currently, we or our affiliates are the only approved supplier for our proprietary Equipment Pack, and, as a result, you must purchase the Equipment Pack from us, which includes the sound system and exercise equipment.
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 8
We may change the number of approved suppliers at any time and may designate ourselves, an affiliate, or a third party as the exclusive source for any particular item.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
0Item 8
Currently, neither we nor our affiliates have received any revenue as a result of franchisee purchases of products and services.
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
80Item 8
We estimate that your required purchases and leases will represent 80% of all purchases and leases required for the ongoing operation of your Franchise Business.
Does the franchisor charge a fee to evaluate a proposed supplier?
YesItem 6
Inspection and Cost of inspection, if When billed Before approving a supplier, Testing applicable, and cost of test we may require you to pay the cost of testing the supplier’s products and inspecting its facilities.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If we require that an item be purchased from an approved supplier and you wish to purchase it from a supplier we have not approved, you must submit to us a written request for approval.
Communications
Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?
YesFranchise agreement
At Franchisor’s option, assign to Franchisor all rights to the telephone numbers of the Franchise Business and any related business listings and execute all forms and documents required by Franchisor and any telephone company at any time to transfer such service and numbers to Franchisor.
Data and IT
Must the franchisee comply with PCI, data-security or cybersecurity standards set by the franchisor?
YesFranchise agreement
Accordingly, Franchisee agrees that it will cause its Franchise Business to meet or exceed, at all times, all applicable security standards developed by the Payment Card Industry Data Security Standards council, or its successor, and other regulations and industry standards applicable to the protection of customer…
Franchise management
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesItem 11
Conduct periodic evaluations of your operations.
Can the franchisor change the operations manual and brand standards unilaterally?
YesFranchise agreement
Franchisor has the right to add to or modify the Manuals from time to time to, among other reasons, change operating procedures, maintain the goodwill associated with the Marks, and enable the System to remain competitive.
Must the franchisor approve the franchisee's site or location before opening?
YesItem 11
You cannot place a Studio at a site we have not first accepted in writing.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesFranchise agreement
Franchisee will not seek to establish any other social media account, Website, blog, channel, or any other ecommerce site or account in connection with the Franchise Business, without Franchisor’s prior written consent.
Is a minimum grand opening advertising spend required?
YesItem 11
You must spend at least $25,000 on grand opening promotions conducted in accordance with the requirements determined by us.
Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?
YesItem 11
You must pay us at least $2,500 per month for local marketing for your Franchise Business.
Must the franchisee participate in a customer loyalty or rewards program?
YesItem 11
You must participate in, and comply with the requirements of, any gift card, gift certificate, customer loyalty or retention, or special promotional program that we implement for all or part of the Vaura franchise system and sign the forms, pay the fees, and take the other action we require for you to participate in…
Must the franchisee participate in a regional advertising cooperative when one exists?
YesFranchise agreement
If a Cooperative is established for a geographic area that includes the Protected Area, Franchisee must execute the Cooperative documents promptly upon Franchisor’s request and participate as a member of the Cooperative.
Operations
Must the franchisee buy products from a designated distributor?
YesItem 8
If we have approved suppliers (including manufacturers, distributors, and other sources) for any supplies, materials, fixtures, furnishings, equipment (including computer hardware and software), services, and other products used or offered for sale in connection with the Franchise Business, you must obtain these…
Must equipment be purchased from designated or approved suppliers?
YesItem 8
Currently, we or our affiliates are the only approved supplier for our proprietary Equipment Pack, and, as a result, you must purchase the Equipment Pack from us, which includes the sound system and exercise equipment.
Payments
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesFranchise agreement
All fees owed under this Agreement must be paid by Franchisee to Franchisor via EFT, or any other means reasonably specified by Franchisor in writing.
Must the franchisee participate in a gift card program?
YesItem 11
You must participate in, and comply with the requirements of, any gift card, gift certificate, customer loyalty or retention, or special promotional program that we implement for all or part of the Vaura franchise system and sign the forms, pay the fees, and take the other action we require for you to participate in…
People
Does the franchisor require minimum staffing levels or specific roles?
YesFranchise agreement
Franchisee must maintain at least three (3) trainers (or such other number of trainers Franchisor reasonably requires) who have completed Franchisor’s required training for such trainers.
Must employees wear uniforms specified by the franchisor?
YesItem 1
The System includes distinctive exterior and interior design, decor, color scheme, and furnishings; uniform 2 Vaura FDD - 2026 81490769v4 standards, specifications, policies, and procedures for operations; quality and uniformity of the products and services offered; procedures for inventory, management, and financial…
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesItem 11
We require that you use MindBody as your point of sale, or other approved supplier that we may identify from time to time.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
Among other things, we may require you to install and maintain systems that permit us to independently access and retrieve electronically any information stored in your computer systems, including, without limitation, information concerning Gross Sales, at the times and in the manner that we require.
Sales and CRM
Must the franchisee use a CRM system designated or approved by the franchisor?
YesFranchise agreement
All bookings and sales for Franchisee’s studio must be completed online via MindBody, or other Approved Supplier Franchisor may identify from time to time.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 6
Currently, we do not provide or require you to attend additional training programs after you attend our Induction Seminar and successfully complete the initial online training program.
Is attendance at an annual convention or conference mandatory for the franchisee?
YesFranchise agreement
Franchisee’s Key Person, General Manager, if applicable, and Studio Manager, and any other personnel of Franchisee whom Franchisor may designate, must attend and complete any additional training and franchisee meetings or conferences that Franchisor may from time to time require
The filing answers no to 2 questions
- Is there a franchisee advisory council, association or committee?Item 20
- Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?Item 8
Who buys here
The buyer at this brand
The decision-maker a vendor sells to at this scale, and the gaps they’re paid to close, derived from our data by segment and unit count, not a guess.
The franchisee/operator personally, or a small franchisor still owner-run. Wears every hat.
OwnerCEOPresidentPrincipal
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The vendor opportunity at Vaura
Vaura is a fitness franchisor headquartered in Texas, running 2 franchised units at a $1,417,266 average unit volume and 100% year-over-year unit growth. The initial franchise term runs 10 years at a 7% royalty, and Item 19 of the FDD makes a financial performance representation. The brand is part of F45 Training Holdings.
Who controls software purchasing
Item 2 names Thomas Dowd as Director and CEO, Patrick Grosso as Chief Legal Officer and Chief Financial Officer, and Ryan Mayes as Chief Operating Officer. With only 2 units and a corporate parent already running Mindbody as the mandated studio platform, purchasing decisions run through this HQ team rather than individual studio owners.
Tech named in the FDD, and what is actually required
Item 11 obliges franchisees to use Mindbody for studio and class management — the one contractually mandated system. Facebook and Instagram are named in the filing under Item 11, though nothing requires their use.
Procurement, renewals, and timing
Vaura runs an approved-supplier list under Item 8: the Equipment Pack, System Merchandise, AEDs, and certain computer systems must come from the franchisor or a designated supplier, and franchisees may propose other suppliers for approval on everything else. Item 17 offers a renewal conditioned on signing the then-current agreement, meeting current standards, and a signed general release. At 100% unit growth, new openings are the more immediate driver of fresh technology decisions.
How to read the Vaura FDD
The filing is embedded in the PDF viewer below, filed with state franchise regulators in 2026. Talk to FranCloud for a ranked list of comparable fitness brands worth pitching.
Questions vendors ask
Vaura, answered from the filing
F45 Training Holdings' Chief Operating Officer Ryan Mayes and Chief Legal & Financial Officer Patrick Grosso direct brand operations for Vaura, alongside CEO Thomas Dowd.
Item 11 requires Mindbody for studio management — the only contractually mandated system. Facebook and Instagram are named under Item 11 without being required.
Vaura operates 2 franchised units in the fitness segment, growing 100% year over year.
Vaura runs an approved-supplier list under Item 8. The Equipment Pack, System Merchandise, AEDs, and certain computer systems must come from the franchisor or a designated supplier, and franchisees may propose alternatives for approval.
The initial term runs 10 years, with a renewal available under Item 17 conditioned on then-current standards and a signed release. At 100% unit growth, new openings are the more immediate driver of fresh Item 11 studio-management decisions.
The full filing is available in the embedded PDF viewer below, filed with state franchise regulators in 2026.
Source
Read the filing itself
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FDD alert
Tell me when this brand refiles.
We’ll email you the moment Vaura files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
Who runs the locations
7 operators run 7 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Single-unit7
Top states by locations
| TX | 2 |
|---|---|
| FL | 1 |
| WI | 1 |
| NY | 1 |
| MA | 1 |
Ownership
The portfolio behind Vaura
unknown of f45 training holdings.
Related Fitness brands
Primary franchise filings · updated September 2026. Every figure is source-traceable and QA-checked.