FranchiseVerdict
Matterhorn Fit logo
FV-01589·MODERATEExcellent86

Matterhorn Fit

Health & FitnessFranchising since 2023Website
Investment
$264K – $424K
50th pct Health & Fitn…
Avg revenue
$538K
29th pct Health & Fitn…
Royalty
7.0%
27th pct Health & Fitn…
Units
3
16th pct Health & Fitn…
SBA default

Bottom line

  • Total investment $264K – $424K including a $50K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $538K/year.
  • Rated MODERATE with a risk score of 63/100.
  • Emerging franchise — only 3 years of franchising with 3 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Matterhorn Fit Franchisor LLC
Parent company
SRK1 LLC and Matterhorn Fit LLC
Incorporated in
Delaware
HQ
20010 Riverbrooke Run, Estero, FL 33928
Auditor
BKHM, P.A.
Audited financials
Franchisor revenue
$0
vs $51K 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 Matterhorn Fit unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $538,426
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: $264K–$424K
Working capital
$
FDD reports $47K–$65K

Unlevered ROIC · per unit

39%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$156K
EBITDA margin
29.0%
Total invested
$400K
Payback
31 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 Matterhorn Fit units return on equity?

Edit assumptions

Equity IRR · 5-yr

41.1%

5.59× MOIC

Year-1 DSCR

2.08×

EBITDA ÷ debt service

Equity required

$3.3M

on $11.8M purchase

Total debt

$8.6M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.9M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Matterhorn Fit franchisees operate fitness facilities offering specialized training programs and wellness services. Day-to-day operations include managing class schedules, personal training sessions, member retention, staff supervision, and facility maintenance while paying 7% of monthly gross sales to the franchisor.

CEO
Ryan Vesce
Founded
2023
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$264K – $424K
All-in to open one unit
Liquid capital
$47K – $65K
Cash you must have on hand
Franchise fee
$50K
Royalty
7.0%
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
$538K
Per unit, per year
Median gross sales
Item 19 type
Gross Sales
Sample size
2 units
vs category median 12 · small
Range (low → high)
$377K$700K
Cohort dispersion
Transparency
3 / 5
vs category median 4 / 5 · below
Revenue rank29th
vs Health & Fitness peers
Investment cost rank50th
Lower investment ranks lower (better)
Royalty rate rank27th
Lower royalty = lower percentile (better)
Unit count rank16th
vs Health & Fitness peers
Risk score rank57th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
3
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
33%
vs corporate-owned
2023
1+1
Franchised units
2024
0
Franchised units
2025
0
Franchised units

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

Item 20 · 16 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 · 16 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

63
Risk · 0-100
MODERATE63 / 100

Matterhorn Fit presents caution-level risk due to micro-scale unit count, undisclosed profitability metrics, franchisor financial concerns, and lack of demonstrated system viability despite reasonable average revenue figures.

Score breakdown · what drove the 63 / 100 rating

  1. 01MINOROnly 3 units in system with unknown growth trajectory suggests minimal scale and unproven replicability
  2. 02MINORNo Item 19 (Average Unit Volume) disclosure despite $538K avg revenue claim — lack of transparency on actual franchisee profitability
  3. 03HIGHGoing Concern status is FALSE, indicating potential financial instability at franchisor level
  4. 04MEDHigh initial investment ($263K-$423K) combined with 7% royalty creates significant breakeven pressure with no disclosed net income benchmarks
  5. 05MINOR7-year term is relatively short for fitness franchise model requiring clientele building and retention

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Geographical area surrounding the Premises
Protected territory
Yes
Initial term
7 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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
43 hrs
On-the-job training
0 hrs

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
(517) 335-••••
MI
(360) 902-••••
WA
(608) 266-••••
WI

One-time purchase · CSV download · Validation questions included

FDD download

Matterhorn Fit · FDD (2025) PDF

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