Fitness Machine Technicians FMT Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Fitness Machine Technicians is a B2B franchise providing repair and preventive maintenance for exercise equipment at gyms, studios, and home users. Franchisees run a mobile service operation dispatching technicians for repair calls in a territory.
FranchiseVerdict summary · 2026
A Fitness Machine Technicians FMT franchise requires a total initial investment of $66K – $128K, including a $45K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $467K[2]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $66K – $128K
- 9th pct Health & Fitn…
- Avg gross sales
- $467K
- Outlet subset13th pct Health & Fitn…
- Royalty
- 6.0%
- 10th pct Health & Fitn…
- Units
- 140
- 81st pct Health & Fitn…
- SBA charge-off
- N/A
Quick verdict · Health & Fitness · color = vs category peers
Green = favorable by >10% vs Health & Fitness avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $66K – $128K including a $45K franchise fee, 6.0% ongoing royalty.
- RETURNSAverage unit revenue of $467K/year (reported for a subset of outlets rather than the whole system). Note: this is gross profit, not take-home income.
- RISKVerdict A (Strongest tier), verdict score 71/100 (higher is better).
- GROWTHSystem growing at 28.2% CAGR over 3 years with 140 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Main Line Brands LLC
- Parent company
- Main Line Brands Holdings, LLC
- Ultimate parent
- Susquehanna Private Capital Fund II, LLP
- Predecessor
- Proexco, LLC
- Prior franchisor entity
- CEO title
- President
- Jason Pritchard
- CEO experience
- 12 yrs
- Years in role or industry
- Incorporated in
- DE
- HQ
- 2359 Perimeter Pointe Parkway, Suite 250, Charlotte, NC 28208
- Auditor
- GreerWalker LLP
- Audited financials
- Franchisor revenue
- $11.6M
- vs $11.3M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Jason Pritchard
- Headquarters
- NC
- Founded
- 2020
- FDD year
- 2025
- States available
- 33
Can you afford it, and what does the money buy?
Entry cost runs 83% below the typical health & fitness franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $45K | $45K |
| Working capital (3–6 mo) | $15K | $25K |
| Equipment, build-out, other | $6K | $58K |
| Total initial investment | $66K | $128K |
Source: Fitness Machine Technicians FMT 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
- $66K – $128K
- Top 40% of category vs category
- Liquid capital req'd
- $15K – $25K
- Top 40% of category vs category
- Franchise fee
- $45K – $45K
- Top 40% of category vs category
- Royalty
- 6.0%
- tiered · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $175 |
| Transfer fee | $8K |
| Renewal fee | $4K |
| Inventory (initial) | $0 – $3K |
| Total fee load | 7.0% of rev |
What do units actually make?
Average unit sales run 24% below the health & fitness norm.
Reported for a subset of outlets rather than the whole system
Source: FDD 2025 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$145K
31.0% margin
Unlevered ROIC
124%
EBITDA / total invested capital
Payback
10 mo
cash-on-cash, unlevered
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one Fitness Machine Technicians FMT unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
124%
Above the 30–60% band. Verify revenue is per-unit average
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 Fitness Machine Technicians FMT units return on equity?
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
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Reported for a subset of outlets rather than the whole system
- Avg gross sales
- $467K
- Per unit, per year
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 36 franchisees
- vs category median 12 · large
- Range (low → high)
- $40K→$1.5M
- Cohort dispersion (min → max)
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 8 / 10
- vs category median 4 / 10 · above
Compared against 173 Health & Fitness brands
Revenue is 4.8x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $467K/year in gross sales. Revenue-to-investment ratio: 4.8x. Reported for a subset of outlets rather than the whole system.
Fee burden
Total ongoing fee load of 7.0% — below the Health & Fitness average of 8.4%.
Disclosure
Transparency score 8/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 28.2% CAGR over 3 years across 140 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Health & Fitness averages
How Fitness Machine Technicians FMT Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 140
- Opened
- 17
- 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
- 5.3%
- Company-owned
- 8
- Corporate units in the system
- % franchised
- 94%
- vs corporate-owned
- Net growth (3-yr)
- +28.2%
- Net unit change over 3 years
- 3-yr CAGR
- +28.2%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 36
- Closed (3yr)
- 7
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 27
- Reacquired (3yr)
- 7
- Franchisor bought back
- Transfer rate
- 10.0%
- Owners selling to other franchisees
- Ceased ops
- 4.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 33 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
33
states with franchisees (per FDD Item 12)
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.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Moderate-to-high risk opportunity with regulatory compliance concerns at parent level, unverified financial claims, slow unit growth, and service-model labor dependency.
Litigation (Item 3)
5 predecessor/affiliate matters: 4 regulatory consent orders against TMA Franchise Systems (predecessor to Mosquito Authority) for franchise registration violations in Maryland (2013), Rhode Island (2013), Virginia (2015), and Minnesota (2017); plus 1 Soccer Shots affiliate assurance of discontinuance re no-poaching provisions (2019). No pending litigation for current franchisor.
Largest disclosed settlement: $20,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · GreerWalker LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- 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 71 / 100 verdict
- 01MINORPredecessor company (TMA/Mosquito Authority) has four unregistered franchise sales regulatory violations across multiple states, indicating potential compliance and disclosure issues that may persist
- 02MEDModest unit growth of only 9.1% YoY with 140 total units suggests limited brand momentum; saturation risk in service territory model
- 03MINORTiered royalty structure (6% then 5%) creates ambiguity on true take-home net income once corporate overhead is factored across declining margin tiers
- 04MINORAffiliate litigation (Soccer Shots no-poaching settlement) indicates corporate culture issues with restrictive covenants that may impact franchisee autonomy
- 05MINORService-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
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 800,000 |
| 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 | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | North Carolina |
| Jury trial waiver | Yes |
| Governing law | NC |
| Litigation count | 5 |
View Item 3 litigation summary
5 predecessor/affiliate matters: 4 regulatory consent orders against TMA Franchise Systems (predecessor to Mosquito Authority) for franchise registration violations in Maryland (2013), Rhode Island (2013), Virginia (2015), and Minnesota (2017); plus 1 Soccer Shots affiliate assurance of discontinuance re no-poaching provisions (2019). No pending litigation for current franchisor.
Items 10, 11
Training & Operations
- Classroom training
- 16 hrs
- On-the-job training
- 80 hrs
- Training location
- Charlotte, NC headquarters and Malvern, PA
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- Franchisor financing
- Not offered
- Item 10
- POS system
- ServiceMinder
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: ServiceMinder
Item 20 · call current owners
Franchisee Contacts
1 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Fitness Machine Technicians FMT · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Fitness Machine Technicians FMT franchise?
The total investment to open a Fitness Machine Technicians FMT franchise ranges from $66K – $128K, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Fitness Machine Technicians FMT franchise owners earn?
According to Item 19 of the Fitness Machine Technicians FMT FDD, the average gross sales per unit is $467K. Important context: Reported for a subset of outlets rather than the whole system. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the Fitness Machine Technicians FMT FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Fitness Machine Technicians FMT FDD and qualifies whose outlets they describe.
What is Fitness Machine Technicians FMT's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Fitness Machine Technicians FMT (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 Fitness Machine Technicians FMT franchise locations are there?
As of their most recent FDD filing, Fitness Machine Technicians FMT has 140 total units in the United States, including 132 franchised units and 8 company-owned units. 17 new units were opened in the latest reporting year.
Is Fitness Machine Technicians FMT a good franchise to buy?
FranchiseVerdict rates Fitness Machine Technicians FMT as a A-grade franchise with a verdict score of 71 out of 100 (higher is better), 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
Are you the franchisor?
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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.