FranchiseVerdict
FANCY FEET DANCE STUDIO® logo
FV-00910·MODERATEExcellent81

Fancy Feet Dance Studio®

Health & FitnessFranchising since 2017Website
Investment
$99K – $185K
19th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
10.0%
66th pct Health & Fitn…
Units
5
25th pct Health & Fitn…
SBA default

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.
  • Rated MODERATE with a risk score of 65/100.
  • 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
Fancy Feet 111 Franchise Systems LLC
Incorporated in
New York
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.

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 FANCY FEET DANCE STUDIO® 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: $99K–$185K
Working capital
$
FDD reports $25K–$50K

Unlevered ROIC · per unit

113%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$203K
EBITDA margin
27.0%
Total invested
$180K
Payback
11 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 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
Founded
2016
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$99K – $185K
All-in to open one unit
Liquid capital
$25K – $50K
Cash you must have on hand
Franchise fee
$30K
Royalty
10.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
11.0%
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
5
Opened
0
Last reporting year
Closed
0
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
2023
1±0
Franchised units
2024
1
Franchised units
2025
0
Franchised units

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).

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 · 6 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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Minimal system scale, complete financial opacity, and undisclosed performance metrics create substantial investment risk despite no litigation history.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 5 units in system with unknown growth trajectory suggests minimal scale and unproven business model replication
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment on $98,900-$185,200 investment
  3. 03MED10% royalty on undisclosed revenue base creates uncertainty about actual take-home profitability
  4. 04MEDHigh initial investment ($30,000 franchise fee + $68,900-$155,200 buildout) with no disclosed break-even timeline
  5. 05MINORTiny franchisee base (5 units) limits peer support network and success pattern validation
  6. 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

Territory
Geographic area
Protected territory
Yes
Initial term
10 years
Renewal term
10 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
Required
Governing law
New York

Item 11

Training & Operations

Classroom training
7 hrs
On-the-job training
35 hrs
POS system
Jackrabbit
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

7 numbers

Locked
(518) 203-••••
The following franchise location opened in
NY
(850) 410-••••
FL
(517) 373-••••
MI

One-time purchase · CSV download · Validation questions included

FDD download

FANCY FEET DANCE STUDIO® · FDD (2025) PDF

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