FranchiseVerdict
National Academy of Athletics logo
FV-01741·MODERATEExcellent81

National Academy of Athletics

Health & FitnessFranchising since 2023Website
Investment
$45K – $65K
6th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
8.5%
65th pct Health & Fitn…
Units
15
47th pct Health & Fitn…
SBA default

Bottom line

  • Total investment $45K – $65K including a $35K franchise fee, 8.5% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 59/100.
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
NAofA Franchise LLC
Incorporated in
California
HQ
1260 North Dutton Suite 205, Santa Rosa CA 95401
Auditor
Velez & Hardy CPAs and Advisors
Audited financials
Franchisor revenue
$0
vs $62K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 National Academy of Athletics unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $45K–$65K
Working capital
$
FDD reports $1K–$6K

Unlevered ROIC · per unit

358%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$210K
EBITDA margin
28.0%
Total invested
$59K
Payback
3 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.

Overview

About

National Academy of Athletics franchisees operate youth athletic training and coaching facilities, likely offering sports instruction, conditioning programs, and athletic development services to children and teenagers. Daily operations likely include class scheduling, coaching staff management, facility maintenance, member retention, and local marketing.

CEO
Aaron Locks
Founded
2022
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$45K – $65K
All-in to open one unit
Liquid capital
$1K – $6K
Cash you must have on hand
Franchise fee
$35K
Royalty
8.5%
Gross Revenues · typical 6–8%
Ad fund
1.5%
typical 3–5%
Total fee load
10.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
15
Opened
6
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
9
Corporate units in the system
% franchised
40%
vs corporate-owned
2023
6+2
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 · 23 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 · 23 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

59
Risk · 0-100
MODERATE59 / 100

Minimal system size, opaque financial performance, and undisclosed unit economics create significant investment uncertainty despite low initial capital requirement.

Score breakdown · what drove the 59 / 100 rating

  1. 01MEDNo average revenue or net income disclosed — impossible to assess ROI on $44.8K-$65.2K investment
  2. 02MEDOnly 15 units system-wide with unknown growth trajectory suggests minimal scale and limited brand recognition
  3. 03MINORTiered royalty structure with $500-$1,000/month minimum may be unsustainable for sub-$750K revenue locations
  4. 04MINORHigh franchise fee ($34,750) relative to total investment cap suggests front-loaded costs with unclear profit potential
  5. 05MED10-year term lock-in without disclosed break-even timeline creates exit risk
  6. 06MINORProtected territory alone insufficient to offset lack of performance benchmarking data

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 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
Optional
Governing law
California

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
36 hrs
POS system
Core Software
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

28 numbers

Locked
(212) 416-••••
NY
(404) 651-••••
GA
(401) 462-••••
RI

One-time purchase · CSV download · Validation questions included

FDD download

National Academy of Athletics · FDD (2025) PDF

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