FranchiseVerdict
Fitness Machine Technicians FMT logo
FV-00949·STRONGExcellent95

Fitness Machine Technicians FMT

Health & FitnessFranchising since 2012Website
Investment
$66K – $128K
11th pct Health & Fitn…
Avg revenue
$467K
22nd pct Health & Fitn…
Royalty
6.0%
9th pct Health & Fitn…
Units
140
84th pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $66K – $128K including a $45K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $467K/year. Estimated payback in 0.5 years.
  • Rated STRONG with a risk score of 46/100. SBA loan default rate of 0.0% across 33 loans (below the industry average).
  • System growing at 28.2% CAGR over 3 years with 140 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Main Line Brands LLC
Parent company
Main Line Brands Holdings, LLC
Incorporated in
Delaware
HQ
2359 Perimeter Pointe Parkway, Suite 250, Charlotte, North Carolina 28208
Auditor
GreerWalker
Audited financials
Franchisor revenue
$11.3M
vs $11.6M prior year

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 Fitness Machine Technicians FMT unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $466,910
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: $66K–$128K
Working capital
$
FDD reports $15K–$25K

Unlevered ROIC · per unit

124%

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
$145K
EBITDA margin
31.0%
Total invested
$117K
Payback
10 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Fitness Machine Technicians FMT units return on equity?

Edit assumptions

Equity IRR · 5-yr

43.4%

6.07× MOIC

Year-1 DSCR

2.02×

EBITDA ÷ debt service

Equity required

$2.8M

on $11.2M purchase

Total debt

$8.4M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.6M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate mobile fitness equipment repair and maintenance services, servicing commercial gyms, personal training studios, and corporate wellness facilities. Day-to-day work involves diagnostics, parts replacement, preventative maintenance calls, and customer support across a protected geographic territory. Revenue is transaction-based on service calls and repair billability, with no recurring subscription or membership component.

CEO
Chris Buitron
Founded
2020
FDD year
2025
States available
33

Item 7 · what it costs

The Vitals

Total investment
$66K – $128K
All-in to open one unit
Liquid capital
$15K – $25K
Cash you must have on hand
Franchise fee
$45K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical
Payback period
0.5 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$467K
Per unit, per year
Median gross sales
Item 19 type
Actual
Sample size
36 units
vs category median 12 · large
Range (low → high)
$40K$1.5M
Cohort dispersion
Transparency
9 / 5
vs category median 4 / 5 · above
Revenue rank22th
vs Health & Fitness peers
Investment cost rank11th
Lower investment ranks lower (better)
Royalty rate rank9th
Lower royalty = lower percentile (better)
Unit count rank84th
vs Health & Fitness peers
Risk score rank10th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
140
Opened
17
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
8
Corporate units in the system
% franchised
94%
vs corporate-owned
Net growth (yr3)
+9.1%
Net unit change last year
3-yr CAGR
+28.2%
Compounded over last 3 years
2023
132+11
Franchised units
2024
121
Franchised units
2025
103
Franchised units

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

Item 20 · 16 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 · 16 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

46
Risk · 0-100
STRONG46 / 100

Moderate-to-high risk opportunity with regulatory compliance concerns at parent level, unverified financial claims, slow unit growth, and service-model labor dependency.

Score breakdown · what drove the 46 / 100 rating

  1. 01MINORPredecessor company (TMA/Mosquito Authority) has four unregistered franchise sales regulatory violations across multiple states, indicating potential compliance and disclosure issues that may persist
  2. 02MEDNo Item 19 (Financial Performance Representations) disclosed — cannot independently verify the claimed $212,397.50 average net income or $466,910 average revenue figures
  3. 03MEDModest unit growth of only 9.1% YoY with 140 total units suggests limited brand momentum; saturation risk in service territory model
  4. 04MINORTiered royalty structure (6% then 5%) creates ambiguity on true take-home net income once corporate overhead is factored across declining margin tiers
  5. 05HIGHAffiliate litigation (Soccer Shots no-poaching settlement) indicates corporate culture issues with restrictive covenants that may impact franchisee autonomy
  6. 06MINORService-based franchise model highly dependent on owner involvement, labor costs, and local market saturation with minimal recurring revenue protection

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
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
5
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
North Carolina

Item 11

Training & Operations

Classroom training
15 hrs
On-the-job training
80 hrs
POS system
ServiceMinder
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

19 numbers

Locked
(360) 902-••••
WA
(503) 378-••••
OR
(518) 473-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

Fitness Machine Technicians FMT · FDD (2025) PDF

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