FranchiseVerdict
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FV-01505·MODERATEExcellent95

Lindora

Health & Wellness - OtherFranchising since 2023Website
Investment
$272K – $492K
62nd pct Other
Avg revenue
$87K
2nd pct Other
Royalty
7.0%
43rd pct Other
Units
31
59th pct Other
SBA default

Bottom line

  • Total investment $272K – $492K including a $60K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $87K/year (median $82K).
  • Rated MODERATE with a risk score of 67/100.
  • Emerging franchise — only 3 years of franchising with 31 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Lindora Franchise, LLC
Parent company
Xponential Fitness, LLC
Incorporated in
Delaware
HQ
17877 Von Karman Avenue, Suite 100, Irvine, California 92614
Auditor
Deloitte & Touche LLP
Audited financials

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 Lindora unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $87,299
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $272K–$492K
Working capital
$
FDD reports $5K–$20K

Unlevered ROIC · per unit

5%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$18K
EBITDA margin
21.0%
Total invested
$395K
Payback
258 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 Lindora 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

$244K

on $1.2M purchase

Total debt

$978K

SBA $0.6M + senior + seller note

Overview

About

Lindora franchisees operate weight loss and wellness clinics offering physician-supervised diet programs, nutritional counseling, and related health services. Day-to-day operations include client consultations, program enrollment, supplement sales, staff management, and clinical oversight coordination. Revenue primarily derives from program fees, consultations, and ancillary product sales.

CEO
Sarah Luna
Founded
2023
FDD year
2024
States available
2

Item 7 · what it costs

The Vitals

Total investment
$272K – $492K
All-in to open one unit
Liquid capital
$5K – $20K
Cash you must have on hand
Franchise fee
$60K
Royalty
7.0%
percentage of gross sales · 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
$87K
Per unit, per year
Median gross sales
$82K
Item 19 type
Gross Revenue
Sample size
22 units
vs category median 12
Range (low → high)
$29K$154K
Cohort dispersion
Transparency
6 / 5
vs category median 4 / 5 · above
Revenue rank2th
vs Health & Wellness - Other peers
Investment cost rank62th
Lower investment ranks lower (better)
Royalty rate rank43th
Lower royalty = lower percentile (better)
Unit count rank59th
vs Health & Wellness - Other peers
Risk score rank80th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
31
Opened
31
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
2022
31+31
Franchised units
2023
0
Franchised units
2024
0
Franchised units

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

Item 12 · 2 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

2

states with franchisees (per FDD Item 12)

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

67
Risk · 0-100
MODERATE67 / 100

Lindora presents significant caution-to-high-risk profile due to parent company securities litigation, undisclosed profitability metrics, critically low average unit revenues relative to investment, stagnant unit growth, and disclosure pattern issues across XFI affiliate brands.

Score breakdown · what drove the 67 / 100 rating

  1. 01MEDParent company XFI facing securities class actions alleging material omissions and breach of fiduciary duties, indicating governance and transparency failures at corporate level
  2. 02MINORAverage unit revenue of $87,299 is extremely low for a health/wellness franchise with $272k-$491k initial investment, creating severe payback concerns
  3. 03MEDNet income not disclosed in Item 19 prevents ROI validation; combined with low revenue, suggests franchisees may not be profitable
  4. 04HIGHLitigation pattern across affiliate brands (AKT, Yoga Six) involving pre-sale disclosure violations suggests systemic compliance issues within XFI portfolio
  5. 05MINOROnly 31 units with unknown growth trajectory indicates stagnant or shrinking system; no evidence of franchise expansion momentum
  6. 06MINORHigh initial investment relative to average revenue ($272k-$491k investment vs. $87k annual revenue) implies 3-6+ year payback minimum before franchise fees are recouped
  7. 07HIGHSecurities litigation against parent company officers raises questions about financial reporting accuracy and executive accountability

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
radius and population
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
4
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
24 hrs
On-the-job training
16 hrs
POS system
POS/Inventory System
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

30 numbers

Locked
(949) 586-••••
CA
(714) 870-••••
CA
(818) 507-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Lindora · FDD (2024) PDF

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