Bottom line
- Total investment $72K – $101K including a $50K franchise fee, 7.5% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 76/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
- System contracting at -34.2% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
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 Curves unit return on the cash you put in?
Unlevered ROIC · per unit
239%
Above typical band (30–60%)
Overview
About
Franchisees operate women-focused fitness centers featuring 30-minute circuit training on hydraulic machines, supported by nutritional coaching. Daily operations include member check-ins, equipment maintenance, circuit supervision, and sales of memberships and nutritional products. The business model relies on recurring membership revenue with high churn typical in fitness.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 29 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
Curves presents HIGH RISK due to a collapsing franchise system (24% unit decline), missing financial disclosures, escalating litigation from franchisees, and franchisor going concern issues that suggest deteriorating support and profitability.
Score breakdown · what drove the 76 / 100 rating
- 01MINORSystem declining 23.6% YoY (154 units) indicates accelerating franchisee exits and potential business model deterioration
- 02MINORNo average revenue or net income disclosure (Item 19) prevents assessment of actual profit potential and unit economics
- 03HIGHMultiple litigation patterns: class action for customer privacy violations, breach of contract suits from franchisees, and default judgments suggest systemic franchisor-franchisee relationship problems
- 04HIGHGoing Concern status is FALSE, signaling potential financial instability at corporate level that could impact franchisee support
- 05MEDHigh franchise fee ($50,000) relative to initial investment cap ($101,245 max) with 7.5% royalty on undisclosed revenue creates unfavorable risk-reward ratio
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
99 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Curves · FDD (2022) PDF