BODYBAR PilatesFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A BODYBAR Pilates franchise requires a total initial investment of $390K – $759K, including a $60K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $751K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 56 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $390K – $759K
- 72nd pct Health & Fitn…
- Avg gross sales
- $751K
- 40th pct Health & Fitn…
- Royalty
- 7.0%
- 28th pct Health & Fitn…
- Units
- 46
- 69th pct Health & Fitn…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Health & Fitness · color = vs category peers
Green = >15% above Health & Fitness avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Only 0.0% of 56 SBA loans charged off, well below the 16% franchise average.
The system grew 84% year-over-year. Fast growth means demand, but can strain support.
32% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $390K – $759K including a $60K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $751K/year (median $733K), with an estimated 32% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 25/100. SBA loan charge-off rate of 0.0% across 56 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System growing at 228.6% CAGR over 3 years with 46 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- BODYBAR FRANCHISING, LLC
- Predecessor
- and Affiliates
- Prior franchisor entity
- Incorporated in
- TX
- HQ
- 3236 West 7th Street, Suite B, Fort Worth, TX 76107
- Auditor
- Gwynn CPAs
- Audited financials
- Franchisor revenue
- $3.6M
- vs $5.3M prior year
Affiliated brands
- BODYBAR Franchise IP Holding
Other brands the franchisor or its parent operates (Item 1).
Overview
About
BODYBAR franchisees operate boutique pilates studios offering reformer and mat classes in protected territories. Day-to-day operations include class scheduling, instructor management, client retention programs, and retail sales of apparel/accessories. Revenue is driven by membership subscriptions, class packages, and private training sessions.
- CEO
- Matt McCollum
- Headquarters
- TX
- Founded
- 2014
- FDD year
- 2025
- States available
- 15
FDD Item 7 · 2025 filing · 15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $60K | $60K | |
| Travel and Living Expenses While Trainingnot refundable | $2K | $7K | |
| BODYBAR Pilates Instructor Training Programnot refundable | $8K | $9K | |
| Real Estate/Leasenot refundable | $14K | $18K | |
| Leasehold Improvementsnot refundable | $99K | $312K | |
| Pilates Equipment Packagenot refundable | $124K | $129K | |
| Audio/Visual Itemsnot refundable | $24K | $40K | |
| Signagenot refundable | $10K | $12K | |
| Computer System and Equipmentnot refundable | $2K | $4K | |
| Initial Inventory Kitnot refundable | $10K | $10K | |
| Advertising/Marketing (including Grand Opening Program costs)not refundable | $17K | $18K | |
| Insurancenot refundable | $4K | $6K | |
| Shippingnot refundable | $1K | $2K | |
| Professional Feesnot refundable | $4K | $45K | |
| Additional Funds - 3 Months from Openingnot refundable | $14K | $90K | |
| Total initial investment | $390K | $759K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$218K
29.0% margin
Unlevered ROIC
35%
EBITDA / total invested capital
Payback
35 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $390K – $759K
- Below avg, review vs category
- Liquid capital req'd
- $14K – $90K
- Better than avg vs category
- Franchise fee
- $60K – $60K
- Below avg, review vs category
- Royalty
- 7.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
- Payback period
- 3.2 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $500 |
| Transfer fee | $30K |
| Renewal fee | $10K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $751K
- Per unit, per year
- Median gross sales
- $733K
- Avg p&l bottom line
- $182K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 31.7%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Average
- Sample size
- 21 units
- vs category median 11
- Range (low → high)
- $452K→$1.1M
- Cohort dispersion (min → max)
- Quartile band
- $565K→$954K
- Bottom 25% → top 25%
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 9 / 5
- vs category median 4 / 5 · above
Compared against 180 Health & Fitness brands
vs Health & Fitness averages
How BODYBAR Pilates Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 46
- Opened
- 22
- Last reporting year
- Closed
- 1
- Turnover rate
- 2.2%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +84.0%
- Net unit change last year
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Opened (3yr)
- 21
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 15 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
15
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 56
- Loan volume
- $20.8M
- Median loan
- $450K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 15
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into BODYBAR Pilates's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 14 states
- Startup risk premium and job creation velocity
- 7-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 56 loans, banks have historically viewed this brand favorably for lending.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
BODYBAR presents moderate-to-cautious risk: strong unit growth masks the absence of audited financial disclosure, and franchisor's going concern issues raise questions about long-term viability and franchisee support.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $400,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Gwynn CPAs
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 25 / 100 rating
- 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot validate the $751k avg revenue or $182k net income claims independently
- 02MEDHigh initial investment ($389k-$759k) relative to disclosed net income ($182k) creates 2.1-4.2 year payback horizon with execution risk
- 03MINORRapid unit growth (84% YoY) is unusual for pilates studios and may indicate aggressive recruitment masking underlying unit economics problems
- 04HIGHGoing Concern status is FALSE, suggesting potential franchisor financial instability or restructuring that could impact support
- 05MINOR7% royalty on gross sales (not net) combined with high startup costs creates cash flow pressure for new franchisees
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 4 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 30 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and corporate
- Franchisor financing
- Offered
- Item 10
- POS system
- Mariana Tek
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Mariana Tek
Item 20 · call current owners
Franchisee Contacts
21 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
BODYBAR Pilates · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a BODYBAR Pilates franchise?
The total investment to open a BODYBAR Pilates franchise ranges from $390K – $759K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do BODYBAR Pilates franchise owners earn?
According to Item 19 of the BODYBAR Pilates FDD, the average gross sales per unit is $751K. The median is $733K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is BODYBAR Pilates's franchise failure rate?
Based on SBA 7(a) loan data, BODYBAR Pilates has a charge-off rate of 0.0% across 56 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many BODYBAR Pilates franchise locations are there?
As of their most recent FDD filing, BODYBAR Pilates has 46 total units in the United States, including 14 franchised units and 0 company-owned units. 22 new units were opened in the latest reporting year.
Is BODYBAR Pilates a good franchise to buy?
FranchiseVerdict rates BODYBAR Pilates as a A-grade franchise with a risk score of 25 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.