FranchiseVerdict
ISI Elite Training logo
FV-01312·STRONGExcellent91

ISI Elite Training

Health & FitnessFranchising since 2019Website
Investment
$397K – $682K
73rd pct Health & Fitn…
Avg revenue
$444K
20th pct Health & Fitn…
Royalty
7.0%
27th pct Health & Fitn…
Units
42
66th pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $397K – $682K including a $60K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $444K/year (median $411K).
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 94 loans (below the industry average).
  • System growing at 233.3% CAGR over 3 years with 42 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
ISI Franchise International, Inc.
Incorporated in
South Carolina
HQ
5601 77 Center Drive, Suite 215, Charlotte, North Carolina 28217
Auditor
Divine, Blalock, Martin & Sellari, LLC
Audited financials
Franchisor revenue
$1.7M
vs $2.6M 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 ISI Elite Training unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $443,832
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: $397K–$682K
Working capital
$
FDD reports $40K–$50K

Unlevered ROIC · per unit

22%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$129K
EBITDA margin
29.0%
Total invested
$584K
Payback
54 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 ISI Elite Training units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$2.0M

on $9.8M purchase

Total debt

$7.8M

SBA $4.9M + senior + seller note

Overview

About

ISI Elite Training franchisees operate youth athletic training and conditioning facilities, delivering personalized coaching, strength development, and sports performance enhancement programs. Day-to-day operations include client assessment, program design, one-on-one/group training sessions, facility management, and staff supervision. Revenue is primarily generated through membership fees, training packages, and performance improvement programs.

CEO
Adam Rice
Founded
2018
FDD year
2024
States available
13

Item 7 · what it costs

The Vitals

Total investment
$397K – $682K
All-in to open one unit
Liquid capital
$40K – $50K
Cash you must have on hand
Franchise fee
$60K
Royalty
7.0%
Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$444K
Per unit, per year
Median gross sales
$411K
Item 19 type
historical
Sample size
27 units
vs category median 12 · large
Range (low → high)
$191K$824K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank20th
vs Health & Fitness peers
Investment cost rank73th
Lower investment ranks lower (better)
Royalty rate rank27th
Lower royalty = lower percentile (better)
Unit count rank66th
vs Health & Fitness peers
Risk score rank6th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
42
Opened
18
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
95%
vs corporate-owned
Net growth (yr3)
+81.8%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2022
40+15
Franchised units
2023
22
Franchised units
2024
12
Franchised units

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).

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 · 12 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.

Total loans
94
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

ISI Elite Training presents moderate-to-high risk due to undisclosed profitability data, franchisor financial concerns, and explosive growth that may outpace operational support infrastructure.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNo Item 19 (Average Unit Volume) disclosed — cannot validate $443,832 average revenue claim or profitability
  2. 02MEDNet income not disclosed — unable to assess actual franchisee profit margins after 7% royalty + operating costs
  3. 03HIGHGoing Concern status is FALSE — suggests potential financial instability at franchisor level
  4. 04MINORHigh unit growth (81.8% YoY) may indicate aggressive recruitment over sustainable support — quality vs. quantity concern
  5. 05MINORInvestment range of $285,300 spread ($396.6K–$681.9K) suggests high variability in startup costs and undefined ROI clarity
  6. 06MINOR10-year term is extended lock-in with 7% royalty on gross (not net) — high ongoing cost structure

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographic area
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
119 hrs
On-the-job training
39 hrs
POS system
MindBody
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

58 numbers

Locked
(941) 448-••••
VA
(601) 382-••••
VA
(540) 930-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

ISI Elite Training · FDD (2024) PDF

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