Bottom line
- Total investment $413K – $807K including a $60K franchise fee.
- Average unit revenue of $924K/year (median $856K). Estimated payback in 2.2 years.
- Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 52 loans (below the industry average).
Item 1 · who you're contracting with
The Franchisor
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 JETSET Pilates unit return on the cash you put in?
Unlevered ROIC · per unit
40%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 JETSET Pilates units return on equity?
Equity IRR · 5-yr
29.3%
3.62× MOIC
Year-1 DSCR
2.75×
EBITDA ÷ debt service
Equity required
$9.2M
on $20.3M purchase
Total debt
$11.1M
SBA $5.0M + senior + seller note
Overview
About
JETSET Pilates franchisees operate boutique pilates studios offering group classes, private sessions, and equipment-based training. Day-to-day operations include managing instructors, scheduling classes, member retention, marketing to local demographics, and maintaining equipment in a fitness/wellness facility.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Rapidly scaling pilates concept with unverified financial claims, high capital requirement, and structural concerns about growth sustainability typical of early-stage franchise systems.
Score breakdown · what drove the 42 / 100 rating
- 01MINORExplosive unit growth (300% YoY) is unsustainable and suggests either aggressive recruitment or potential instability — only 16 units total means growth from ~5 units, raising survivorship concerns
- 02MEDNo Item 19 financial performance representation disclosed — average revenue and net income figures cannot be independently verified and may not represent typical franchisee experience
- 03MINORHigh initial investment ($413k–$806k) against modest average net income ($283k) yields only 35–68% annual ROI before accounting for owner labor, taxes, and reinvestment
- 04MINORFranchise fee ($60k) is standard but combined with royalty floor ($1,000/month minimum = $12k annually) creates fixed cost burden regardless of performance
- 05HIGHGoing Concern = False is positive, but extreme YoY growth often masks unit quality issues, churn, or unsustainable recruitment-driven expansion
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
14 numbers
One-time purchase · CSV download · Validation questions included
FDD download
JETSET Pilates · FDD (2025) PDF