FranchiseVerdict
55 Fitness logo
FV-00034·CAUTIONExcellent81

55 Fitness

Health & FitnessFranchising since 2021Website
Investment
$117K – $442K
22nd pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
6.0%
9th pct Health & Fitn…
Units
1
2nd pct Health & Fitn…
SBA default

Bottom line

  • Total investment $117K – $442K including a $50K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 74/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
55 Franchising, Inc.
Incorporated in
West Virginia
HQ
322 12th Street, Huntington, West Virginia 25701
Auditor
Omar Alnuaimi, CPA / Naper CPA Group
Audited financials
Franchisor revenue
$0
vs $0 prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one 55 Fitness unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: fitness
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $117K–$442K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

77%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$233K
EBITDA margin
31.0%
Total invested
$302K
Payback
16 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

55 Fitness franchisees operate boutique fitness studios, likely offering group fitness classes (e.g., cycling, HIIT, yoga) or strength training in a branded facility. Day-to-day operations include managing class schedules, instructor hiring/training, member check-ins, equipment maintenance, marketing, and membership sales/retention in a protected local territory.

CEO
Brendan S. Skeen
Founded
2018
FDD year
2023
States available
1

Item 7 · what it costs

The Vitals

Total investment
$117K – $442K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
1
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2021
0±0
Franchised units
2022
0
Franchised units
2023
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 8 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 8 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

74
Risk · 0-100
CAUTION74 / 100

55 Fitness presents extreme risk due to single-unit system, lack of financial transparency, apparent franchisor distress, and inability to validate investment returns before commitment.

Score breakdown · what drove the 74 / 100 rating

  1. 01MINOROnly 1 unit in system indicates either brand-new franchise or failed expansion — extreme concentration risk and inability to validate model
  2. 02HIGHGoing Concern status is False, suggesting franchisor financial instability or operational distress
  3. 03MINORNo Item 19 disclosure (Avg Revenue/Net Income) prevents ROI validation — cannot assess if $116k-$442k investment generates positive returns
  4. 04MINORWide investment range ($325k spread) with single unit makes cost projections unreliable and suggests unpredictable buildout expenses
  5. 05MED6% royalty on undisclosed revenue base is difficult to evaluate; could be unsustainable if margins are thin in fitness sector
  6. 06MINOR10-year term locks franchisee into relationship with unproven, single-location franchisor with no growth track record

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population-based
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
West Virginia

Item 11

Training & Operations

Classroom training
26 hrs
On-the-job training
17 hrs
POS system
Glofox
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

13 numbers

Locked
(605) 773-••••
SD
(608) 266-••••
WA
(804) 371-••••
SD

One-time purchase · CSV download · Validation questions included

FDD download

55 Fitness · FDD (2023) PDF

Single-page checkout · instant download · CSV export of contacts available separately above