FranchiseVerdict
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FV-00434·MODERATEExcellent81

Bünda

Health & FitnessFranchising since 2021Website
Investment
$623K – $1.0M
91st pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
6.0%
9th pct Health & Fitn…
Units
19
53rd pct Health & Fitn…
SBA default

Bottom line

  • Total investment $623K – $1.0M 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 MODERATE with a risk score of 62/100.
  • 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
Bünda Franchising Group LLC
Parent company
Bünda, Inc.
Incorporated in
Delaware
HQ
15404 Sutton Street, Sherman Oaks, California 91403
Auditor
DNJ Consulting Inc. / DNJ & Associates
Audited financials
Franchisor revenue
$714K
vs $919K 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 Bünda 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: $623K–$1.0M
Working capital
$
FDD reports $10K–$20K

Unlevered ROIC · per unit

27%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$225K
EBITDA margin
30.0%
Total invested
$836K
Payback
45 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

Bünda franchisees operate fitness/wellness studios offering specialized group classes or training programs. Day-to-day operations include class scheduling, instructor management, member retention, facility maintenance, and community marketing to drive recurring revenue from membership and drop-in fees.

CEO
Katherine (Katie) Lilly
Founded
2021
FDD year
2026
States available
3

Item 7 · what it costs

The Vitals

Total investment
$623K – $1.0M
All-in to open one unit
Liquid capital
$10K – $20K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Percentage of Gross Revenue · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
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
19
Opened
5
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
10
Corporate units in the system
% franchised
47%
vs corporate-owned
Net growth (yr3)
+125.0%
Net unit change last year
2024
9+5
Franchised units
2025
4
Franchised units
2026
0
Franchised units

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

Item 20 · 9 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 · 9 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

62
Risk · 0-100
MODERATE62 / 100

Bünda presents high-risk investment due to undisclosed financial performance metrics, franchisor going concern status, and extremely limited unit scale, despite strong recent growth trajectory.

Score breakdown · what drove the 62 / 100 rating

  1. 01MINORNo average revenue or net income disclosure (Item 19) — impossible to validate ROI claims or profitability benchmarks
  2. 02HIGHGoing Concern status is FALSE — suggests potential financial instability or accounting issues at franchisor level
  3. 03MEDHigh initial investment ($623K-$1M) paired with undisclosed financials creates asymmetric risk for franchisee
  4. 04MED19-unit system is very small — limited operating history, high franchisee failure impact on brand viability
  5. 05MINOR125% YoY growth is impressive but from micro base (likely 8-9 units prior year) — vulnerable to statistical volatility
  6. 06HIGHNo litigation disclosure provided — unclear if this means none exists or if franchisor declined to disclose

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
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
3 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
26 hrs
On-the-job training
54 hrs
POS system
ClubReady
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

17 numbers

Locked
(610) 517-••••
PA
(714) 486-••••
CA
(651) 296-••••
CT

One-time purchase · CSV download · Validation questions included

FDD download

Bünda · FDD (2026) PDF

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