FranchiseVerdict
FARRELL’S EXTREME BODYSHAPING logo
FV-00915·MODERATEExcellent81

Farrell’s Extreme Bodyshaping

Formerly known as FIT

Health & FitnessFranchising since 2007Website
Investment
$151K – $349K
27th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
Units
44
67th pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $151K – $349K including a $40K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 33 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
FIT FRANCHISE BRANDS, LLC
Parent company
Max Transformation Holdings, LLC
Incorporated in
New Jersey
HQ
Justin Corporate Center, Bldg. 2 #400, 200 Route 9 North, Manalapan, New Jersey 07726
Auditor
Citrin Cooperman & Company, LLP
Audited financials
Franchisor revenue
$2.1M
vs $1.9M 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 FARRELL’S EXTREME BODYSHAPING 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: $151K–$349K
Working capital
$
FDD reports $15K–$45K

Unlevered ROIC · per unit

78%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$218K
EBITDA margin
29.0%
Total invested
$280K
Payback
15 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 fitness and body-sculpting studios offering personal training, group classes, and body composition analysis/coaching. Day-to-day operations include managing trainers, marketing to local clients, conducting fitness assessments, delivering training sessions, managing membership billing, and maintaining studio facilities.

CEO
Bryan Klein
Founded
2013
FDD year
2025
States available
8

Item 7 · what it costs

The Vitals

Total investment
$151K – $349K
All-in to open one unit
Liquid capital
$15K – $45K
Cash you must have on hand
Franchise fee
$40K
Royalty
Greater of 7.5% of Gross Revenues or Monthly Minimum ($60…
Ad fund
Greater of 1.5% of gross revenues or $200 per month
Total fee load
9.0%
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
44
Opened
1
Last reporting year
Closed
3
Turnover rate
6.8%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-4.3%
Net unit change last year
3-yr CAGR
-12.0%
Compounded over last 3 years
2023
44-2
Franchised units
2024
46
Franchised units
2025
50
Franchised units

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).

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 · 18 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
33
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

57
Risk · 0-100
MODERATE57 / 100

Declining franchisee base, withheld financial performance data, and high investment requirements relative to system size create meaningful profitability uncertainty.

Score breakdown · what drove the 57 / 100 rating

  1. 01MINORDeclining unit count (-4.3% YoY) indicates system contraction and potential market saturation or operational challenges
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents realistic ROI assessment and suggests franchisor may be withholding unfavorable performance data
  3. 03MEDHigh initial investment range ($151k-$349k) combined with undisclosed profitability creates significant financial risk with unclear return potential
  4. 04MINORMandatory monthly minimums ($600-$1,100) create fixed costs even during low-revenue periods, reducing franchisee flexibility
  5. 05MINORFitness/bodyshaping market is highly competitive with low barriers to entry; many direct competitors operate without franchise model
  6. 06MINOR44-unit system is relatively small, limiting brand recognition, marketing leverage, and support infrastructure

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
driveable distance
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
Optional
Governing law
New Jersey

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
5 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

64 numbers

Locked
(812) 822-••••
IN
(410) 576-••••
MD
(402) 408-••••
NE

One-time purchase · CSV download · Validation questions included

FDD download

FARRELL’S EXTREME BODYSHAPING · FDD (2025) PDF

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