My GymFranchise Cost, Revenue & Review 2026
Formerly known as Gym Consulting
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A My Gym franchise requires a total initial investment of $241K – $426K, including a $55K franchise fee and an ongoing 7.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 37.5% charge-off rate across 89 loans[1]. Verdict grade: F. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $241K – $426K
- 47th pct Health & Fitn…
- Avg gross sales
- N/A
- 59th pct Health & Fitn…
- Royalty
- 7.0%
- 28th pct Health & Fitn…
- Units
- 166
- 86th pct Health & Fitn…
- SBA default
- 37.5%
- 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
37.5% of SBA loans charged off across 89 loans, above the 16% franchise average.
Franchising since 1995. Systems this mature have refined operations and brand recognition.
Franchised units fell from 164 to 162 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $241K – $426K including a $55K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 99/100. SBA loan charge-off rate of 37.5% across 89 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Gym Consulting, LLC
- Parent company
- Gym Consulting Holding, Inc.
- CEO title
- President, Chief Executive Officer, Secretary and Director
- Cory Bertisch
- CEO experience
- 1994 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- CA
- HQ
- 15030 Ventura Boulevard, #157, Sherman Oaks, California 91403
- Auditor
- Hutchinson and Bloodgood LLP
- Audited financials
- Franchisor revenue
- $6.0M
- vs $6.6M prior year
Overview
About
My Gym franchisees operate children's fitness and gymnastics facilities serving infants through elementary-age children. Day-to-day operations include managing class schedules, training instructors in developmental fitness curricula, maintaining equipment and facilities, recruiting members through local marketing, and managing staff payroll and member retention.
- CEO
- Cory Bertisch
- Headquarters
- CA
- Founded
- 1994
- FDD year
- 2025
- States available
- 26
FDD Item 7 · 2025 filing · 13 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $55K | $55K | |
| Apparel and Promotional Itemsnot refundable | $8K | $8K | |
| Advertising and Promotionnot refundable | $25K | $25K | |
| Travel and Living Expenses While Trainingnot refundable | $0 | $6K | |
| Real Estate and Improvementsnot refundable | $50K | $150K | |
| Equipmentnot refundable | $63K | $63K | |
| My Gym Vehiclenot refundable | $0 | $40K | |
| Signsnot refundable | $2K | $5K | |
| Opening Inventorynot refundable | $3K | $5K | |
| Insurance | $2K | $7K | |
| Computer Hardware and Softwarenot refundable | $5K | $6K | |
| Miscellaneous Costsnot refundable | $4K | $8K | |
| Additional Funds (Three Months)not refundable | $25K | $50K | |
| Total initial investment | $241K | $426K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $241K – $426K
- Near category avg vs category
- Liquid capital req'd
- $25K – $50K
- Near category avg vs category
- Franchise fee
- $31K – $55K
- Below avg, review vs category
- Royalty
- 7.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $320 |
| Transfer fee | $15K |
| Total fee load | 8.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Health & Fitness averages
How My Gym Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 166
- Opened
- 6
- Last reporting year
- Closed
- 6
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 3.6%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- -1.2%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 5
- Transfer rate
- 3.0%
- Owners selling to other franchisees
- Ceased ops
- 3.6%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 27 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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 89
- Loan volume
- $15.2M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 37.5%
- 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)
- 62.5%
- 5-yr charge-off
- 50.0%
- Loans approved 2021+
- Active lenders
- 22
- Defaults
- 27
Vintage analysis
My Gym charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into My Gym'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 15 states
- Startup risk premium and job creation velocity
- 20-year lending trend
Instant access. No subscription.
A 37.5% charge-off rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
My Gym presents elevated risk due to missing critical financial disclosures (Item 19), unclear franchisor financial health (going concern), stagnant unit growth, and a capital-intensive model with no transparent profitability data.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Hutchinson and Bloodgood LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 99 / 100 rating
- 01MEDNo Item 19 (Average Unit Volume) disclosed — impossible to assess ROI or payback period on $240k-$426k investment
- 02HIGHGoing Concern indicator is FALSE — suggests potential financial instability or unclear viability of franchisor
- 03MINORUnit count stagnant at 166 with unknown/likely flat growth — no expansion momentum in children's fitness sector
- 04MED7% royalty on gross revenue (not net) combined with undisclosed profitability creates unpredictable unit economics
- 05MEDHigh initial investment ($55k franchise fee + $240k-$426k total) with no disclosed average revenue benchmarks to justify ROI
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 | 12 years |
|---|---|
| Renewal term | 12 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Territory population | 7,500 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | California |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 79 hrs
- On-the-job training
- 77 hrs
- Training location
- On-site and classroom
- Ongoing training
- Required
- POS system
- MGM 3.0
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: MGM 3.0
Item 20 · call current owners
Franchisee Contacts
171 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
My Gym · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a My Gym franchise?
The total investment to open a My Gym franchise ranges from $241K – $426K, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do My Gym franchise owners earn?
My Gym does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is My Gym's franchise failure rate?
Based on SBA 7(a) loan data, My Gym has a charge-off rate of 37.5% across 89 loans, meaning 37.5% 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 My Gym franchise locations are there?
As of their most recent FDD filing, My Gym has 166 total units in the United States, including 164 franchised units and 4 company-owned units. 6 new units were opened in the latest reporting year.
Is My Gym a good franchise to buy?
FranchiseVerdict rates My Gym as a F-grade franchise with a risk score of 99 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.