JETSET PilatesFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A JETSET Pilates franchise requires a total initial investment of $413K – $807K, including a $60K franchise fee. Per the 2025 FDD, average unit revenue was $924K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 26 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $413K – $807K
- 75th pct Health & Fitn…
- Avg gross sales
- $924K
- 45th pct Health & Fitn…
- Royalty
- N/A
- Units
- 16
- 48th pct Health & Fitn…
- SBA default
- 0.0%
- system-wide median varies by category
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
Only 0.0% of 26 SBA loans charged off, well below the 16% franchise average.
47% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
Bottom line
- Total investment $413K – $807K including a $60K franchise fee.
- Average unit revenue of $924K/year (median $856K), with an estimated 47% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 36/100. SBA loan charge-off rate of 0.0% across 26 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- JETSET Franchising, LLC
- Incorporated in
- DE
- HQ
- 3921 Alton Road #465, Miami Beach, Florida 33140
- Auditor
- McKenzie Forensic Auditors, Inc.
- Audited financials
- Franchisor revenue
- $434K
- vs $1.9M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- JETSET IP Holdings
- JETSET Brickell
- JETSET Edgewater
- Sunset Fitness
- JETSET Pilates
Other brands the franchisor or its parent operates (Item 1).
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.
- CEO
- Bertus Albertse
- Headquarters
- FL
- Founded
- 2022
- FDD year
- 2025
- States available
- 6
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $45K | $60K |
| Equipment, build-out, other | $308K | $687K |
| Total initial investment | $413K | $807K |
Source: JETSET Pilates 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
$268K
29.0% margin
Unlevered ROIC
40%
EBITDA / total invested capital
Payback
30 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $413K – $807K
- Below avg, review vs category
- Liquid capital req'd
- $45K – $60K
- Below avg, review vs category
- Franchise fee
- $60K – $60K
- Below avg, review vs category
- Royalty
- Greater of 7.5% of monthly Gross Revenues or $1000
- Ad fund
- Greater of 1.5% of monthly Gross Revenues or $150
- Total fee load
- 9.0%
- vs 9–13% typical
- Payback period
- 2.2 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Technology fee | $4K |
| Transfer fee | $25K |
| Renewal fee | $25K |
| Inventory (initial) | $8K – $12K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $924K
- Per unit, per year
- Median gross sales
- $856K
- Avg p&l bottom line
- $283K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 46.5%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Actual Profits and Losses
- Sample size
- 6 units
- vs category median 11
- Range (low → high)
- $553K→$1.4M
- Cohort dispersion (min → max)
- Quartile band
- $553K→$1.4M
- Bottom 25% → top 25%
- Transparency tier
- full
- Categorical assessment of disclosure depth
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 180 Health & Fitness brands
vs Health & Fitness averages
How JETSET Pilates Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 16
- Opened
- 9
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 75%
- vs corporate-owned
- Net growth (yr3)
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Opened (3yr)
- 9
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
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 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.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 26
- Loan volume
- $16.5M
- Median loan
- $750K
- 50th percentile
- 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
- N/A
- Loans approved 2021+
- Active lenders
- 13
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into JETSET Pilates's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 7 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 26 loans, banks have historically viewed this brand favorably for lending.
Risk analysis
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.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $350,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · McKenzie Forensic Auditors, Inc.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 36 / 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
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Population-based |
| Protected territory | Yes |
| Territory population | 30,000 |
| Online sales rights | Granted |
| 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 |
| Curable defaultsℹ | 4 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 46 hrs
- On-the-job training
- 45 hrs
- Training location
- On-site and at franchisor location
- Site selection
- franchisor
- POS system
- Mindbody
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Mindbody
Item 20 · call current owners
Franchisee Contacts
14 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
JETSET Pilates · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a JETSET Pilates franchise?
The total investment to open a JETSET Pilates franchise ranges from $413K – $807K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do JETSET Pilates franchise owners earn?
According to Item 19 of the JETSET Pilates FDD, the average gross sales per unit is $924K. The median is $856K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is JETSET Pilates's franchise failure rate?
Based on SBA 7(a) loan data, JETSET Pilates has a charge-off rate of 0.0% across 26 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 JETSET Pilates franchise locations are there?
As of their most recent FDD filing, JETSET Pilates has 16 total units in the United States, including 0 franchised units and 4 company-owned units. 9 new units were opened in the latest reporting year.
Is JETSET Pilates a good franchise to buy?
FranchiseVerdict rates JETSET Pilates as a A-grade franchise with a risk score of 36 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.