Free Spirit Yoga Ninja PlayFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Free Spirit Yoga Ninja Play franchise requires a total initial investment of $444K – $596K, including a $50K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $509K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $444K – $596K
- 79th pct Health & Fitn…
- Avg gross sales
- $509K
- 27th pct Health & Fitn…
- Royalty
- 7.0%
- 28th pct Health & Fitn…
- Units
- 1
- 2nd pct Health & Fitn…
- SBA default
- N/A
Quick verdict · Health & Fitness · color = vs category peers
Green = >15% above Health & Fitness 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.
21% cash-on-cash return (based on P&L Bottom Line). Within the 15-30% range most franchise investors consider acceptable.
Bottom line
- Total investment $444K – $596K including a $50K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $509K/year, with an estimated 21% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 47/100.
- Revenue data based on only 1 reporting unit. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Free Spirit Franchising LLC
- CEO title
- Co-Founder and Chief Executive Officer
- Seth Augustine
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- OR
- HQ
- 19537 Sugar Mill Loop, Bend, Oregon 97702
- Auditor
- Divine, Blalock, Martin & Sellari, LLC
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Overview
About
Free Spirit Yoga Ninja Play operates an experiential children's wellness facility combining yoga instruction, ninja obstacle course training, and active play in a single venue. Franchisees manage daily class schedules, instructor hiring/training, facility maintenance, enrollment/billing, and parent/child customer experience across what appears to be a boutique, membership-based model.
- CEO
- Seth Augustine
- Headquarters
- OR
- Founded
- 2025
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $30K | $40K |
| Equipment, build-out, other | $364K | $506K |
| Total initial investment | $444K | $596K |
Source: Free Spirit Yoga Ninja Play 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$148K
29.0% margin
Unlevered ROIC
27%
EBITDA / total invested capital
Payback
3.8 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $444K – $596K
- Below avg, review vs category
- Liquid capital req'd
- $30K – $40K
- Near category avg vs category
- Franchise fee
- $50K – $50K
- Near category avg vs category
- Royalty
- 7.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
- Payback period
- 4.8 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $375 |
| Transfer fee | $33K |
| Renewal fee | $5K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $509K
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $108K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 20.9%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Affiliate-owned business financial performance
- Sample size
- 1 units
- vs category median 11 · small
- Range (low → high)
- $509K→$509K
- Cohort dispersion (min → max)
- Transparency
- 9 / 5
- vs category median 4 / 5 · above
Compared against 180 Health & Fitness brands
Revenue is only 1.0x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Health & Fitness averages
How Free Spirit Yoga Ninja Play Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- 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
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
- Multi-unit owners
- 50.0%
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 2
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 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
Single-unit franchise with going concern issues, absent financial disclosures (Item 19), and a 4-5 year breakeven horizon presents HIGH RISK unsuitable for most investors without direct franchisor financial transparency.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Divine, Blalock, Martin & Sellari, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 47 / 100 rating
- 01MINOROnly 1 operating unit with unknown growth trajectory indicates unproven franchise model scalability
- 02HIGHGoing Concern = False suggests potential financial instability or operational challenges at franchisor level
- 03MINORHigh investment-to-net-income ratio: $443k-$596k investment against $108k avg net income = 4-5.5 year payback with no growth visibility
- 04MINORItem 19 (Financial Performance Representations) appears absent — franchisor not disclosing actual franchisee earnings data
- 05MINORSingle unit dataset is statistically invalid; cannot validate revenue/income sustainability across multiple locations
- 06MINOR7% royalty on $508k revenue = ~$35,600 annual fee significantly impacts the $108k net income margin
- 07HIGHNo disclosed litigation but going concern flag suggests undisclosed legal/operational risks may exist
- 08MEDNiche concept (yoga + ninja + play) has limited addressable market and unproven demand sustainability
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 | 7 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius based on population |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 75,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Oregon |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 20 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- POS system
- Pike 13
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Pike 13
Item 20 · call current owners
Franchisee Contacts
4 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Free Spirit Yoga Ninja Play · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Free Spirit Yoga Ninja Play franchise?
The total investment to open a Free Spirit Yoga Ninja Play franchise ranges from $444K – $596K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Free Spirit Yoga Ninja Play franchise owners earn?
According to Item 19 of the Free Spirit Yoga Ninja Play FDD, the average gross sales per unit is $509K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Free Spirit Yoga Ninja Play's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Free Spirit Yoga Ninja Play (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 Free Spirit Yoga Ninja Play franchise locations are there?
As of their most recent FDD filing, Free Spirit Yoga Ninja Play has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is Free Spirit Yoga Ninja Play a good franchise to buy?
FranchiseVerdict rates Free Spirit Yoga Ninja Play as a A-grade franchise with a risk score of 47 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.