FranchiseVerdict
Arthur Murray Dance Studio logo
FV-00180·STRONGExcellent95

Arthur Murray Dance Studio

OtherFranchising since 1939Website
Investment
$71K – $252K
20th pct Other
Avg revenue
$716K
25th pct Other
Royalty
5.0%
6th pct Other
Units
237
89th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $71K – $252K including a $25K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $716K/year (median $634K).
  • Rated STRONG with a risk score of 46/100. SBA loan default rate of 0.0% across 22 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Arthur Murray International, Inc.
Parent company
AMII Acquisition, LLC
Incorporated in
Delaware
HQ
1077 Ponce de Leon Boulevard, Coral Gables, Florida 33134
Auditor
Templeton
Audited financials
Franchisor revenue
$16.9M
vs $15.4M 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 Arthur Murray Dance Studio unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $715,610
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $71K–$252K
Working capital
$
Item 7 didn't break this out — defaulted to ~10% of annual revenue

Unlevered ROIC · per unit

67%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$114K
EBITDA margin
16.0%
Total invested
$172K
Payback
18 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Arthur Murray Dance Studio units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.3M

on $6.4M purchase

Total debt

$5.2M

SBA $3.2M + senior + seller note

Overview

About

Arthur Murray Dance Studio franchisees operate ballroom and Latin dance instruction studios, offering group classes, private lessons, and social dance events to adult students. Day-to-day operations include instructor scheduling, student billing/collections, marketing, and managing studio facilities. Revenue is primarily generated through lesson packages, monthly memberships, and special events like showcases and competitions.

CEO
Gary Edwards
Founded
1913
FDD year
2025
States available
34

Item 7 · what it costs

The Vitals

Total investment
$71K – $252K
All-in to open one unit
Liquid capital
$0 – $20K
Cash you must have on hand
Franchise fee
$25K
Royalty
5.0%
Gross receipts · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$716K
Per unit, per year
Median gross sales
$634K
Item 19 type
Quartiles (Gross Receipts)
Sample size
216 units
vs category median 20 · large
Range (low → high)
$72K$2.1M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank25th
vs Other peers
Investment cost rank20th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank89th
vs Other peers
Risk score rank9th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
237
Opened
11
Last reporting year
Closed
4
Turnover rate
1.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+3.0%
Net unit change last year
3-yr CAGR
+5.3%
Compounded over last 3 years
2023
237+7
Franchised units
2024
230
Franchised units
2025
225
Franchised units

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

Item 20 · 10 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 · 10 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.

Total loans
22
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

46
Risk · 0-100
STRONG46 / 100

Aging brand with regulatory baggage, opaque profitability metrics, stagnant unit growth, and recent franchisee disputes creates elevated risk despite protected territory.

Score breakdown · what drove the 46 / 100 rating

  1. 01MINOR1980 FTC Consent Decree still active — indicates ongoing regulatory scrutiny for unfair/deceptive practices in sales and contracts
  2. 02MEDNo Item 19 (Average Net Income) disclosed — cannot verify profitability claims; $715K avg revenue without net income transparency is concerning
  3. 03MEDDeclining unit count (237 units, only 3.0% YoY growth) — suggests market saturation, franchisee struggles, or brand decline
  4. 04MINORRecent 2024 arbitration filing against Honolulu franchisee for unpaid royalties — signals enforcement issues and potential franchisee financial distress
  5. 05MINORHigh royalty burden (5-10% of weekly gross) on dance studio margins — may compress profitability significantly
  6. 06MED5-year term with no disclosed renewal rates or franchise failure data — unclear exit strategy for underperforming locations

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Market Area
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
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
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
15 hrs
On-the-job training
120 hrs
POS system
Agenda Master Software
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

100 numbers

Locked
(209) 214-••••
CA
(714) 251-••••
CA
(510) 573-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Arthur Murray Dance Studio · FDD (2025) PDF

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