FranchiseVerdict
CKO Kickboxing logo
FV-00551·STRONGExcellent81

CKO Kickboxing

Health & FitnessFranchising since 2008Website
Investment
$128K – $303K
24th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
7.0%
27th pct Health & Fitn…
Units
52
71st pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $128K – $303K including a $35K franchise fee, 7.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 53/100. SBA loan default rate of 0.0% across 54 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
CLUB KO FRANCHISE LLC
Incorporated in
New Jersey
HQ
900 Madison Street, Suite 2, Hoboken, New Jersey 07030
Auditor
EisnerAmper LLP
Audited financials
Franchisor revenue
$1.2M
vs $982K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 CKO Kickboxing 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: $128K–$303K
Working capital
$
FDD reports $20K–$50K

Unlevered ROIC · per unit

90%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$225K
EBITDA margin
30.0%
Total invested
$250K
Payback
13 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

Franchisees operate boutique kickboxing fitness studios offering group classes, personal training, and retail (gloves, wraps). Day-to-day operations include managing instructors, scheduling classes, member retention/acquisition, facility maintenance, and sales of fitness packages and merchandise.

CEO
Joseph Andreula
Founded
2006
FDD year
2025
States available
11

Item 7 · what it costs

The Vitals

Total investment
$128K – $303K
All-in to open one unit
Liquid capital
$20K – $50K
Cash you must have on hand
Franchise fee
$35K
Royalty
7.0%
gross revenues · typical 6–8%
Ad fund
1.0%
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
52
Opened
2
Last reporting year
Closed
8
Turnover rate
15.4%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Multi-unit owners
1.0%
Net growth (yr3)
-10.3%
Net unit change last year
3-yr CAGR
-20.0%
Compounded over last 3 years
2023
52-6
Franchised units
2024
58
Franchised units
2025
65
Franchised units

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

Item 20 · 24 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 · 24 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
54
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

53
Risk · 0-100
STRONG53 / 100

CKO Kickboxing presents CAUTION-level risk due to declining unit count, complete absence of financial transparency (no Item 19), and high capital requirements relative to unknown profit potential in a contracting system.

Score breakdown · what drove the 53 / 100 rating

  1. 01MINORUnit count declining 10.3% YoY (52 units) suggests system contraction and potential market saturation
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI validation and profitability assessment
  3. 03MEDHigh initial investment ($127,962–$302,862) with 7% royalty combined with undisclosed financials creates significant downside risk
  4. 04MINORFitness/boutique studio sector experiencing post-COVID consolidation; kickboxing is trend-dependent with high churn risk
  5. 05MINOR10-year term is long given franchise system instability and no performance benchmarks provided

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population/Radius
Protected territory
Yes
Initial term
10 years
Renewal term
5 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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
New Jersey

Item 11

Training & Operations

Classroom training
33 hrs
On-the-job training
33 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

48 numbers

Locked
(201) 963-••••
The franchisor is Club
NJ
(281) 724-••••
TX
(424) 256-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

CKO Kickboxing · FDD (2025) PDF

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