Fm2050Franchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A FM2050 franchise requires a total initial investment of $164K – $283K, including a $40K franchise fee and an ongoing 5.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $164K – $283K
- 17th pct Retail
- Avg gross sales
- N/A
- 21st pct Retail
- Royalty
- 5.0%
- 6th pct Retail
- Units
- 4
- 4th pct Retail
- SBA default
- N/A
Quick verdict · Retail · color = vs category peers
Green = >15% above Retail 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
Started franchising in 2025. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $164K – $283K including a $40K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 62/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Biggie Works Inc
- CEO title
- CEO, CFO and Secretary
- Heather J. Lim
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- CA
- HQ
- 5171 Lincoln Ave, Cypress, CA 90630
Overview
About
FM2050 appears to be a fitness/wellness franchise (likely '2050' relates to health/longevity trends), though the specific business model is not provided. Franchisees likely operate a fitness facility, training center, or wellness studio, managing day-to-day operations including member/client services, staff management, facility maintenance, and marketing. Without disclosed financials, the actual revenue drivers and operational complexity remain unclear.
- CEO
- Heather J. Lim
- Headquarters
- CA
- Founded
- 2025
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $10K | $20K |
| Equipment, build-out, other | $114K | $223K |
| Total initial investment | $164K | $283K |
Source: FM2050 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
- $164K – $283K
- Better than avg vs category
- Liquid capital req'd
- $10K – $20K
- Better than avg vs category
- Franchise fee
- $40K – $40K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Sales or Square Footage Minimum · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Training fee | $500 |
| Transfer fee | $15K |
| Renewal fee | $20K |
| Total fee load | 7.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Retail averages
How Fm2050 Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 4
- 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
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 4
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 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
HIGH RISK: Pre-revenue or struggling system with going concern issues, minimal unit base, zero financial transparency, and punitive royalty structure creating unsustainable fixed costs.
Litigation (Item 3)
No litigation details provided in Item 3
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
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 62 / 100 rating
- 01HIGHGoing Concern status is FALSE — indicates potential financial distress or legal/operational issues at corporate level
- 02MINOROnly 4 units system-wide suggests either pre-launch stage or severe underperformance and lack of franchisee retention
- 03MINORNo average revenue or net income disclosure (no Item 19) makes ROI projections impossible and prevents validation of $163,700-$282,800 investment viability
- 04MINORRoyalty structure with $20/sq ft annual minimum is unusually high and creates fixed costs unrelated to actual sales performance
- 05MEDFranchise fee of $40,000 combined with high minimum royalties creates significant breakeven burden with no disclosed unit economics
- 06MINOR10-year term is long commitment given minimal system traction and no disclosure of franchisee success rates
- 07MINORUnknown growth trajectory with only 4 units provides no evidence of scalability or market validation
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 | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 3 mi |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Los Angeles County, California |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation details provided in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 9 hrs
- On-the-job training
- 10 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- POS system
- Shopify POS System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Shopify POS System
Item 20 · call current owners
Franchisee Contacts
12 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FM2050 · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FM2050 franchise?
The total investment to open a FM2050 franchise ranges from $164K – $283K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FM2050 franchise owners earn?
FM2050 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 FM2050's franchise failure rate?
SBA 7(a) loan charge-off data is not available for FM2050 (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 FM2050 franchise locations are there?
As of their most recent FDD filing, FM2050 has 4 total units in the United States, including 0 franchised units and 4 company-owned units.
Is FM2050 a good franchise to buy?
FranchiseVerdict rates FM2050 as a B-grade franchise with a risk score of 62 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.
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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.