FranchiseVerdict
Augment logo
FV-00199·CAUTIONExcellent81

Augment

Health & FitnessFranchising since 2023Website
Investment
$263K – $957K
50th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
Units
1
2nd pct Health & Fitn…
SBA default

Bottom line

  • Total investment $263K – $957K including a $39K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100.
  • 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
AUGMENT INC.
Incorporated in
Arizona
HQ
1450 W Guadalupe Rd., Suite 132, Gilbert, AZ 85233
Auditor
BIELAU, TIERNEY, COON & COMPANY, P.C.
Audited financials

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 Augment 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: $263K–$957K
Working capital
$
FDD reports $45K–$150K

Unlevered ROIC · per unit

32%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$225K
EBITDA margin
30.0%
Total invested
$708K
Payback
38 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

Augment franchisees appear to operate in the augmented reality or digital overlay technology space, though specific service delivery is unclear from available data. Without disclosed revenue, net income, or detailed business operations, the day-to-day activities remain undefined, making it impossible to assess franchisee roles, customer acquisition responsibilities, or operational requirements.

CEO
Tessa Coryell
Founded
2022
FDD year
2024
States available
1

Item 7 · what it costs

The Vitals

Total investment
$263K – $957K
All-in to open one unit
Liquid capital
$45K – $150K
Cash you must have on hand
Franchise fee
$39K
Royalty
The greater of 7% of Gross Sales or $2,495 per month
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
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
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
0%
vs corporate-owned
2022
0+1
Franchised units
2023
0
Franchised units
2024
0
Franchised units

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

Item 20 · 13 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 · 13 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

72
Risk · 0-100
CAUTION72 / 100

Augment presents extreme risk as a single-unit franchise with no financial disclosure, no system growth, and an unproven business model that lacks the operational scale and transparency typical of established franchises.

Score breakdown · what drove the 72 / 100 rating

  1. 01MINOROnly 1 unit in the system indicates either a brand-new franchise with unproven model or a failing system with severe attrition
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents validation of ROI claims and suggests financial performance may be weak or inconsistent
  3. 03MEDHigh investment range ($263K-$957K) with dual royalty structure (7% or $2,495 minimum) creates significant fixed cost burden with no disclosed break-even metrics
  4. 04MINOR10-year term is lengthy for an unproven single-unit franchise with no demonstrated unit growth trajectory
  5. 05MINORFranchise fee ($39K) appears modest relative to total investment, potentially masking higher hidden costs or indicating underpricing of the opportunity

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Arizona

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
20 hrs

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

16 numbers

Locked
(602) 206-••••
AZ
(520) 508-••••
AZ
(319) 929-••••
IA

One-time purchase · CSV download · Validation questions included

FDD download

Augment · FDD (2024) PDF

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