FranchiseVerdict
I LOVE KICKBOXING logo
FV-01267·AVOIDExcellent86

I Love Kickboxing

Health & FitnessFranchising since 2012Website
Investment
$9K – $384K
1st pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
Units
31
63rd pct Health & Fitn…
SBA default

Bottom line

  • Total investment $9K – $384K including a $25K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated AVOID with a risk score of 81/100.
  • System contracting at -60.3% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
9ROUND HOLDING COMPANY, LLC
Parent company
9Round Franchising, LLC
Incorporated in
South Carolina
HQ
847 NE Main Street, Simpsonville, South Carolina 29681
Auditor
elliott davis
Audited financials
Franchisor revenue
$13.5M
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 I LOVE KICKBOXING unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $9K–$384K
Working capital
$
FDD reports $3K–$61K

Unlevered ROIC · per unit

99%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$225K
EBITDA margin
30.0%
Total invested
$228K
Payback
12 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.

Overview

About

I LOVE KICKBOXING franchisees operate boutique fitness studios offering high-intensity group kickboxing classes in protected territories. Daily operations include managing class schedules, instructing or hiring instructors, managing memberships, and handling facility maintenance and retail sales of branded merchandise/supplements.

CEO
Shannon Hudson
Founded
2023
FDD year
2025
States available
14

Item 7 · what it costs

The Vitals

Total investment
$9K – $384K
All-in to open one unit
Liquid capital
$3K – $61K
Cash you must have on hand
Franchise fee
$25K
Royalty
$750 or 6% of Gross Sales, whichever is greater, per month
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
31
Opened
1
Last reporting year
Closed
22
Turnover rate
71.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-44.2%
Net unit change last year
3-yr CAGR
-60.3%
Compounded over last 3 years
2023
29-21
Franchised units
2024
52
Franchised units
2025
73
Franchised units

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

Item 20 · 15 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 · 15 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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

81
Risk · 0-100
AVOID81 / 100

Avoid this franchise: collapsing unit base, going concern warning, pattern of fraud/regulatory violations, and complete financial opacity create extreme risk of total capital loss.

Score breakdown · what drove the 81 / 100 rating

  1. 01MEDSevere unit decline of 44.2% year-over-year (31 units remaining) indicates systemic problems and loss of franchisee confidence
  2. 02HIGHGoing concern status is FALSE, suggesting the franchisor itself may be financially unstable or unable to continue operations
  3. 03HIGHMultiple litigations including Franchise Sales Act violations, fraud/misrepresentation claims, and state cease-and-desist order from Washington demonstrate regulatory and legal credibility issues
  4. 04MINORZero financial transparency: no average unit volume, net income, or Item 19 disclosure prevents meaningful ROI analysis
  5. 05MINORHigh royalty floor of $750/month minimum creates fixed cost burden regardless of sales performance, risky in declining system
  6. 06HIGHCumulative litigation against predecessors AND current entity suggests pattern of compliance failures rather than isolated incidents

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Non-exclusive
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
5
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
1.5 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
South Carolina

Item 11

Training & Operations

Classroom training
16 hrs
On-the-job training
8 hrs
POS system
ClubReady
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

43 numbers

Locked
(484) 214-••••
PA
(315) 930-••••
NM
(844) 996-••••
SD

One-time purchase · CSV download · Validation questions included

FDD download

I LOVE KICKBOXING · FDD (2025) PDF

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