FranchiseVerdict
Body Alive Studio logo
FV-00356·MODERATEStandard76

Body Alive Studio

Health & FitnessFranchising since 2022Website
Investment
$470K – $686K
84th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
10.0%
66th pct Health & Fitn…
Units
7
32nd pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $470K – $686K including a $35K franchise fee, 10.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 23 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Body Alive Franchise, LLC
Incorporated in
Ohio
HQ
8110 Montgomery Rd. #3 Cincinnati, Ohio 45236

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 Body Alive Studio 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: $470K–$686K
Working capital
$
FDD reports $50K–$80K

Unlevered ROIC · per unit

33%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$210K
EBITDA margin
28.0%
Total invested
$643K
Payback
37 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

Body Alive Studio franchisees operate boutique fitness studios offering group classes (likely barre, pilates, or similar body-conditioning disciplines). Daily operations include class scheduling, instructor management, member billing/retention, studio maintenance, and marketing to drive recurring memberships and class attendance.

CEO
Paul Bain
Founded
2019
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$470K – $686K
All-in to open one unit
Liquid capital
$50K – $80K
Cash you must have on hand
Franchise fee
$35K
Royalty
10.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
0.0%
typical 3–5%
Total fee load
10.0%
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
7
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
7
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0+1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 21 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 · 21 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
23
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

64
Risk · 0-100
MODERATE64 / 100

Body Alive Studio presents HIGH RISK due to going concern status, minimal unit count, absent financial performance disclosure, and high capital requirements with unproven returns.

Score breakdown · what drove the 64 / 100 rating

  1. 01HIGHGoing Concern status indicates financial instability at franchisor level
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation
  3. 03MINOROnly 7 units across entire system suggests minimal scale and validation
  4. 04MINORHigh initial investment ($470k-$686k) paired with unproven unit economics creates significant risk
  5. 05MED10% royalty on gross sales (not net) is aggressive given lack of disclosed profitability data
  6. 06MINORUnknown franchisee growth trajectory and unit churn rate
  7. 07HIGHNo litigation disclosure does not guarantee legal stability, especially with going concern status

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Zip Code
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
Ohio

Item 11

Training & Operations

Classroom training
118 hrs
On-the-job training
56 hrs
POS system
Mariana Tek
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

23 numbers

Locked
(605) 773-••••
SD
(804) 371-••••
VA
(401) 462-••••
RI

One-time purchase · CSV download · Validation questions included

FDD download

Body Alive Studio · FDD (2025) PDF

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