Gameday Men's HealthFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Gameday Men's Health franchise requires a total initial investment of $225K – $410K, including a $50K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 0.0% charge-off rate across 145 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $225K – $410K
- 48th pct Healthcare
- Avg gross sales
- N/A
- 48th pct Healthcare
- Royalty
- N/A
- Units
- 262
- 71st pct Healthcare
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Healthcare · color = vs category peers
Green = >15% above Healthcare 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
Only 0.0% of 145 SBA loans charged off, well below the 16% franchise average.
Bottom line
- Total investment $225K – $410K including a $50K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 21/100. SBA loan charge-off rate of 0.0% across 145 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System growing at 1000.0% CAGR over 3 years with 262 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Ream Franchise Group, LLC
- Parent company
- Gameday Health Management, LLC
- CEO title
- Chief Executive Officer and Member
- Evan Miller
- CEO experience
- 2021 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- CA
- HQ
- 5140 Avenida Encinas, Carlsbad, California 92008
- Auditor
- A&G LLP
- Audited financials
- Franchisor revenue
- $841K
- vs $11.6M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
Franchisees operate men's health clinics offering services such as testosterone replacement therapy, erectile dysfunction treatment, and related medical services. Day-to-day operations involve patient consultation, treatment administration, regulatory compliance, and staff management in a clinical setting.
- CEO
- Evan Miller
- Headquarters
- CA
- Founded
- 2021
- FDD year
- 2025
- States available
- 37
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $55K | $75K |
| Equipment, build-out, other | $120K | $286K |
| Total initial investment | $225K | $410K |
Source: Gameday Men's Health 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
- $225K – $410K
- Near category avg vs category
- Liquid capital req'd
- $55K – $75K
- Near category avg vs category
- Franchise fee
- $30K – $50K
- Better than avg vs category
- Royalty
- The greater of 6% of Clinic Gross Revenue or the Minimum …
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | greater of 6% of Gross Revenue or Minimum Royalty |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $250 |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 8.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Healthcare averages
How Gameday Men's Health Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 262
- Opened
- 243
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 5
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
- Continuity rate
- 99.6%
- Units that stayed open
Last reporting year only, multi-year history not disclosed in this brand's FDD.
Item 20 · 39 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.
- Total loans
- 145
- Loan volume
- $30.4M
- Median loan
- $209K
- average
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 23
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
With a 0.0% charge-off rate across 145 loans, banks have historically viewed this brand favorably for lending.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Hypergrowth expansion with opaque financials, employment litigation exposure, and no Item 19 disclosure creates material risk that actual unit economics and system stability cannot be independently verified.
Litigation (Item 3)
Kelly Jernigan v. Warm Waters Medical, P.C., et al, 24CU00448C (Superior Court of California, San Diego County, filed July 17, 2024). Former employee of franchisee clinic alleges wrongful termination, retaliation, and unfair business practices. Franchisor requested removal from case on August 8, 2024.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · A&G LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- 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 21 / 100 rating
- 01MINORExplosive unit growth (1613.3% YoY) suggests either massive expansion or aggressive recruitment ahead of system maturation—unsustainable or inflated figures warrant verification
- 02MEDNo Item 19 financial performance disclosure (Avg Revenue and Net Income not disclosed) prevents validation of ROI claims and profitability benchmarks
- 03HIGHLitigation naming parent entities (Ream Franchise Group, Gameday Health Management) despite removal requests indicates potential corporate liability exposure and employment practice vulnerabilities
- 04MEDHigh royalty structure (6% minimum + gross revenue trigger) with undisclosed average revenues creates unpredictable cost burden and cash flow risk
- 05HIGHGoing Concern status = False is ambiguous—unclear if franchisor or franchisee entities face solvency concerns
- 06MINORMedical/healthcare franchise model carries inherent compliance, licensing, and malpractice risks not typical of service franchises
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 | 2 |
| Territory type | Geographic area |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 3 mi |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | Yes |
| Arbitration location | Carlsbad, California |
| Jury trial waiver | Yes |
| Governing law | State where the clinic is located |
| Litigation count | 1 |
View Item 3 litigation summary
Kelly Jernigan v. Warm Waters Medical, P.C., et al, 24CU00448C (Superior Court of California, San Diego County, filed July 17, 2024). Former employee of franchisee clinic alleges wrongful termination, retaliation, and unfair business practices. Franchisor requested removal from case on August 8, 2024.
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 16 hrs
- Training location
- On-site and corporate
- POS system
- QuickBooks Plus Online
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: QuickBooks Plus Online
Item 20 · call current owners
Franchisee Contacts
230 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Gameday Men's Health · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Gameday Men's Health franchise?
The total investment to open a Gameday Men's Health franchise ranges from $225K – $410K, 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 Gameday Men's Health franchise owners earn?
Gameday Men's Health 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 Gameday Men's Health's franchise failure rate?
Based on SBA 7(a) loan data, Gameday Men's Health has a charge-off rate of 0.0% across 145 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Gameday Men's Health franchise locations are there?
As of their most recent FDD filing, Gameday Men's Health has 262 total units in the United States. 243 new units were opened in the latest reporting year.
Is Gameday Men's Health a good franchise to buy?
FranchiseVerdict rates Gameday Men's Health as a A-grade franchise with a risk score of 21 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.