Bottom line
- Total investment $282K – $645K including a $60K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $681K/year (median $638K). Estimated payback in 4.1 years.
- Rated STRONG with a risk score of 46/100. SBA loan default rate of 0.0% across 236 loans (below the industry average).
Item 1 · who you're contracting with
The Franchisor
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 Burn Boot Camp unit return on the cash you put in?
Unlevered ROIC · per unit
42%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Burn Boot Camp units return on equity?
Equity IRR · 5-yr
33.3%
4.21× MOIC
Year-1 DSCR
2.43×
EBITDA ÷ debt service
Equity required
$6.0M
on $15.7M purchase
Total debt
$9.7M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate high-intensity interval training (HIIT) fitness studios, managing group fitness classes, personal training services, and member retention programs. Day-to-day responsibilities include staff scheduling, class instruction/oversight, member acquisition and retention marketing, facility maintenance, and managing recurring membership revenue typically ranging $99-199/month per member.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 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).
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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Burn Boot Camp presents moderate-to-cautionary risk: regulatory history, slow unit growth, undocumented financial claims, and thin margins relative to investment size warrant deeper franchisee validation before committing.
Score breakdown · what drove the 46 / 100 rating
- 01HIGH2016 litigation for unregistered franchise sales in Virginia shows regulatory compliance issues and raises questions about disclosure practices across other states
- 02MINORModest unit growth of 6.3% YoY is sluggish for fitness/wellness sector; suggests market saturation or brand maturation challenges
- 03MINORNo Item 19 (Financial Performance Representations) in FDD limits ability to validate the stated $114,287 average net income figure
- 04MINORHigh initial investment ($281K-$645K) against $114K average net income yields 2.5-5.6 year payback period with thin margins
- 05MINOR6% royalty on gross revenues (not net) creates cash flow pressure during slow months; combined with overhead-heavy fitness model, profitability is vulnerable
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
76 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Burn Boot Camp · FDD (2025) PDF