My Gym Franchise Cost, Revenue & Review 2026
Formerly known as Gym Consulting
- Investment
- $241K – $426K
- Disclosed sales
- not disclosed
- SBA charge-off
- 37.5%
- on 89 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
My Gym is a children's-development franchise offering structured fitness, gymnastics, and play classes for infants through young kids. Franchisees run a facility teaching classes, hosting parties, and managing enrollment and instructors.
FranchiseVerdict summary · 2026
A My Gym franchise requires a total initial investment of $241K – $426K, including a $31K – $55K franchise fee and an ongoing 7.0% royalty[2]. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. SBA 7(a) loans show a 37.5% charge-off rate across 89 loans[1]. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $241K – $426K
- 48th pct Health & Fitn…
- Avg gross sales
- N/A
- Royalty
- 7.0%
- 37th pct Health & Fitn…
- Units
- 166
- 85th pct Health & Fitn…
- SBA charge-off
- 37.5%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Health & Fitness · color = vs category peers
Green = favorable by >10% vs Health & Fitness median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $241K – $426K including a $55K franchise fee, 7.0% ongoing royalty.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict C (Average), verdict score 40/100 (higher is better). 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, 2010–2025).
- GROWTHFlat: no net change in franchised outlets in the latest year (6 opened, 6 closed); 6 signed but not yet open (Item 20).
- DATAThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Gym Consulting, LLC
- Parent company
- Gym Consulting Holding, Inc.
- FDD Item 1, page 9 of the 2025 FDD
- Predecessor
- Gym Consulting, Inc.
- Prior franchisor entity
- 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
- $6.6M
- vs $6.0M prior year
Overview
About
- CEO
- Cory Bertisch
- Headquarters
- CA
- Founded
- 1994
- FDD year
- 2025
- States available
- 26
Can you afford it, and what does the money buy?
Entry cost runs 15% below the typical health & fitness franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown13 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
- Middle of category vs category
- Liquid capital req'd
- $25K – $50K
- Middle of category vs category
- Franchise fee
- $31K – $55K
- Bottom third — review vs category
- Royalty
- 7.0%
- 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 |
| Inventory (initial) | $3K – $5K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
My Gym makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one My Gym unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Health & Fitness median).
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator retention
System roughly stable (-1.2% 3-year CAGR) with 166 units.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Health & Fitness medians
How My Gym Compares
Category median of published Health & Fitness brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
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 (3-yr)
- -1.2%
- Net unit change over 3 years
- 3-yr CAGR
- -1.2%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 5
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 6
- 0.04 per open outlet · Item 20 Table 5
- Projected new
- 6
- Franchisor's next-year forecast
- 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.
Where the owners are · Item 20 owner list
161 current owners across 26 states; 10 former (terminated, transferred or not renewed) listed separately.
- CA 41
- FL 19
- NY 17
- MD 10
- NJ 8
- IL 7
- MA 7
- TX 7
- CT 6
- VA 6
- PA 5
- IN 3
- +14 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
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%
- on 89 loans · 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
- Typical loan rate
- 6.9%
- avg rate to borrowers
- Franchised industry avg
- 15.8%
- brand above franchise avg ↑
- Jobs supported
- 502
- 3.7 per loan
- Lender concentration
- 39%
- top lender's share
Borrower mix: 50% went to startups / new businesses, 50% to established operators
Franchise vs independent — in fitness and recreational sports centers, franchised businesses charge off at 15.8% vs 18.2% for independents — franchising is associated with 13% lower SBA default risk in this category.
Vintage analysis
My Gym charge-off rate by loan vintage
Top lenders financing My Gym franchisees
Showing 3 of 22 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for My Gym from SBA 7(a) FOIA data.
- Principal loss rate
- 23.2%
- Avg SBA guarantee
- 76%
- Avg interest rate
- 6.90%
- Avg chargeoff amount
- $116K
- Lender concentration
- 39.0%
- Job velocity
- 3.7 per $100K
- NAICS benchmark
- 12.5%
- NAICS 713940
- Jobs supported
- 502
Top SBA lendersTop lender holds 39% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | Readycap Lending, LLC | 30 | $6.4M | 46.7% |
| 2 | Wells Fargo Bank National Association | 22 | $3.8M | 25.0% |
| 3 | First Hawaiian Bank | 4 | $278K | 0.0% |
| 4 | Business Lenders, LLC | 3 | $240K | 66.7% |
| 5 | Fifth Third Bank | 2 | $336K | 100.0% |
| 6 | Community West Bank | 2 | $318K | 50.0% |
| 7 | PNC Bank, National Association | 2 | $248K | 50.0% |
| 8 | Liberty Bank | 2 | $310K | 0.0% |
| 9 | BMO Bank National Association | 1 | $160K | 0.0% |
| 10 | TD Bank, National Association | 1 | $288K | 0.0% |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| CACalifornia | 12 | 3 | 25.0% |
| FLFlorida | 7 | 1 | 16.7% |
| CTConnecticut | 5 | 0 | 0.0% |
| TXTexas | 5 | 4 | 100.0% |
| VAVirginia | 5 | 3 | 60.0% |
| HIHawaii | 4 | 0 | 0.0% |
| ILIllinois | 4 | 3 | 75.0% |
| MAMassachusetts | 4 | 0 | 0.0% |
| NYNew York | 3 | 1 | 50.0% |
| PAPennsylvania | 3 | 1 | 33.3% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
A 37.5% charge-off rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
What could kill this investment?
SBA loans charge off at 37.5% — 134% above the 16.0% national norm, i.e. higher lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
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: Yes
- 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 40 / 100 verdict
- 01MEDNo Item 19 (Average Unit Volume) disclosed — impossible to assess ROI or payback period on $240k-$426k investment
- 02MINORUnit count stagnant at 166 with unknown/likely flat growth — no expansion momentum in children's fitness sector
- 03MED7% royalty on gross revenue (not net) combined with undisclosed profitability creates unpredictable unit economics
- 04MEDHigh 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
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 12 years |
|---|---|
| Renewal term | 12 years |
| Allowed renewalsℹ | 1 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 7 mi |
| Territory population | 75,000 |
| Online sales rightsℹ | 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 | CA |
| 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
- California (Encino, Pasadena, Toluca Lake, Valencia My Gym locations, or existing location near franchisee, or via Zoom)
- Ongoing training
- Required
- Time to open
- 7 mo
- From signing to launch
- Site selection
- franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- 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
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 makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns My Gym?
My Gym is franchised by Gym Consulting, LLC. Its parent company is Gym Consulting Holding, Inc.. Source: FDD Item 1, 2025 filing.
What is Item 19 in the My Gym FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the My Gym FDD and qualifies whose outlets they describe.
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 162 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 C-grade franchise with a verdict score of 40 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.
For franchisors
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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.