Fancy Feet Dance Studio®Franchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A FANCY FEET DANCE STUDIO® franchise requires a total initial investment of $99K – $185K, including a $30K franchise fee and an ongoing 10.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $99K – $185K
- 18th pct Health & Fitn…
- Avg gross sales
- N/A
- 59th pct Health & Fitn…
- Royalty
- 10.0%
- 66th pct Health & Fitn…
- Units
- 5
- 26th pct Health & Fitn…
- SBA default
- N/A
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
Franchised units fell from 1 to 0 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $99K – $185K including a $30K franchise fee, 10.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 65/100.
- Auditor disclosed a going-concern note, which 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
- Fancy Feet 111 Franchise Systems LLC
- CEO title
- Managing Member
- Susan Mendogni
- Incorporated in
- NY
- HQ
- 1717 Crosby Avenue, Bronx, NY 10461
- Auditor
- Beers, Hamerman, Cohen & Burger, PC
- Audited financials
- Franchisor revenue
- $16K
- vs $1K prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
Franchisees operate FANCY FEET branded dance studios offering classes (ballet, jazz, hip-hop, tap, etc.) to children and adults. Day-to-day operations include instructor scheduling, student recruitment/retention, class administration, facility management, and community marketing. Revenue derives from monthly tuition, performance fees, recital events, and merchandise sales.
- CEO
- Susan Mendogni
- Headquarters
- NY
- Founded
- 2016
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $30K | $30K |
| Working capital (3–6 mo) | $25K | $50K |
| Equipment, build-out, other | $44K | $105K |
| Total initial investment | $99K | $185K |
Source: FANCY FEET DANCE STUDIO® 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $99K – $185K
- Better than avg vs category
- Liquid capital req'd
- $25K – $50K
- Near category avg vs category
- Franchise fee
- $30K – $33K
- Better than avg vs category
- Royalty
- 10.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 11.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 10.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $100 |
| Training fee | $500 |
| Transfer fee | $5K |
| Renewal fee | $5K |
| Total fee load | 11.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Health & Fitness averages
How Fancy Feet Dance Studio® Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 5
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 20%
- vs corporate-owned
- Multi-unit owners
- 23.3%
- Net growth (yr3)
- +0.0%
- Net unit change last year
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 0
- Franchisor's next-year forecast
- Continuity rate
- 100.0%
- Units that stayed open
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 6 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Minimal system scale, complete financial opacity, and undisclosed performance metrics create substantial investment risk despite no litigation history.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Beers, Hamerman, Cohen & Burger, PC⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 65 / 100 rating
- 01MINOROnly 5 units in system with unknown growth trajectory suggests minimal scale and unproven business model replication
- 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment on $98,900-$185,200 investment
- 03MED10% royalty on undisclosed revenue base creates uncertainty about actual take-home profitability
- 04MEDHigh initial investment ($30,000 franchise fee + $68,900-$155,200 buildout) with no disclosed break-even timeline
- 05MINORTiny franchisee base (5 units) limits peer support network and success pattern validation
- 06MINORDance studio market is highly local, competitive, and sensitive to economic downturns affecting discretionary spending
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 | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Geographic area |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | New York |
| Jury trial waiver | Yes |
| Governing law | New York |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 7 hrs
- On-the-job training
- 35 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- POS system
- Jackrabbit
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Jackrabbit
Item 20 · call current owners
Franchisee Contacts
7 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FANCY FEET DANCE STUDIO® · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FANCY FEET DANCE STUDIO® franchise?
The total investment to open a FANCY FEET DANCE STUDIO® franchise ranges from $99K – $185K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FANCY FEET DANCE STUDIO® franchise owners earn?
FANCY FEET DANCE STUDIO® does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is FANCY FEET DANCE STUDIO®'s franchise failure rate?
SBA 7(a) loan charge-off data is not available for FANCY FEET DANCE STUDIO® (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many FANCY FEET DANCE STUDIO® franchise locations are there?
As of their most recent FDD filing, FANCY FEET DANCE STUDIO® has 5 total units in the United States, including 1 franchised units and 4 company-owned units.
Is FANCY FEET DANCE STUDIO® a good franchise to buy?
FranchiseVerdict rates FANCY FEET DANCE STUDIO® as a C-grade franchise with a risk score of 65 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.
For franchisors
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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.