Nutrishop Franchise Cost, Revenue & Review 2026
- Investment
- $149K – $256K
- Disclosed sales
- partial, no system average
- SBA charge-off
- Limited · 14 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Nutrishop is a retail franchise selling sports-nutrition supplements, vitamins, and weight-management products with in-store guidance. Franchisees run compact stores managing inventory, sales, and customer education.
FranchiseVerdict summary · 2026
A Nutrishop franchise requires a total initial investment of $149K – $256K, including a $3K – $20K franchise fee. The 2026 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: 2026 filing · Data extracted: · Last cited check: · Staleness risk: low - the current year's filing
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 scored3 of 4 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $149K – $256K
- 29th pct Healthcare
- Avg gross sales
- N/A
- Projection
- Royalty
- Set by a formula
- Units
- 101
- 61st pct Healthcare
- SBA charge-off
- N/A
Quick verdict · Healthcare · color = vs category peers
Green = favorable by >10% vs Healthcare 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 $149K – $256K including a $20K franchise fee.
- RETURNSThe figure shown was the average annual dollar amount of INVENTORY a store purchased from the franchisor's affiliated distributor — a cost, not revenue. The FDD says so plainly: 'Some outlets have SPENT this amount' (printed p.49), and notes purchases from other approved suppliers are excluded. This FDD discloses no gross sales figure of any kind.
- RISKVerdict B (Above average), verdict score 46/100 (higher is better).
- GROWTHNegative: net -3 franchised outlets in the latest year (9 opened, 12 closed) (Item 20).
- DECLINESystem contracting at -7.4% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Nutrishop, Inc.
- Predecessor
- Nutrishop Franchising, LLC (former affiliate, offered NY franchises Apr 2019-Mar 2023)
- Prior franchisor entity
- CEO title
- President
- Bryon McLendon
- Incorporated in
- NV
- HQ
- 751 W. Warm Springs Rd. #100, Henderson, NV 89011
- Auditor
- LSL CPAs (LSL, Irvine/Brea, California)
- Audited financials
- Franchisor revenue
- $565K
- vs $579K prior year
Overview
About
- CEO
- Bryon McLendon
- Headquarters
- NV
- Founded
- 2003
- FDD year
- 2026
- States available
- 22
Can you afford it, and what does the money buy?
Entry cost runs 37% below the typical healthcare franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $20K | $20K |
| Working capital (3–6 mo) | $10K | $20K |
| Equipment, build-out, other | $119K | $216K |
| Total initial investment | $149K | $256K |
Source: Nutrishop 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $149K – $256K
- Top 40% of category vs category
- Liquid capital req'd
- $10K – $20K
- Top 40% of category vs category
- Franchise fee
- $3K – $20K
- Top 40% of category vs category
- Royalty
- No conventional royalty (percentage of sales) is charged.…
- Ad fund
- 0.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 0.0% |
| Technology fee | $280 |
| Transfer fee | $10K |
| Inventory (initial) | $65K – $75K |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for Nutrishop is on file. 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 Nutrishop 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, royalty rate, 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: 2026 FDD
Financial Performance
The figure shown was the average annual dollar amount of INVENTORY a store purchased from the franchisor's affiliated distributor — a cost, not revenue. The FDD says so plainly: 'Some outlets have SPENT this amount' (printed p.49), and notes purchases from other approved suppliers are excluded. This FDD discloses no gross sales figure of any kind.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Disclosure
Item 19 reports cost rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System contracting at -7.4% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
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 Healthcare medians
How Nutrishop Compares
Category median of published Healthcare 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 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 101
- Opened
- 9
- Last reporting year
- Closed
- 12
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 11.9%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 99%
- vs corporate-owned
- Net growth (3-yr)
- -7.4%
- Net unit change over 3 years
- 3-yr CAGR
- -7.4%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 11
- Reacquired
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 20 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
96 current owners across 20 states.
- CA 49
- TN 9
- FL 6
- ID 4
- NC 4
- TX 4
- NY 3
- CO 2
- MS 2
- NE 2
- WA 2
- GA 1
- +8 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
- 14
- Loan volume
- $2.7M
- Median loan
- $144K
- 50th percentile
- Charge-off rate
- Limited · 14 loans
- Limited SBA coverage: 14 loans, rate hidden until 10 have resolved and loans reach 2% of franchised units
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Limited · 14 loans
- 5-yr charge-off
- Limited · 14 loans
- Loans approved 2021+
- Active lenders
- 12
- Defaults
- 2
- Typical loan rate
- 7.4%
- avg rate to borrowers
- Franchised industry avg
- 24.6%
- n=347 loans
- Jobs supported
- 39
- 2.1 per loan
- Lender concentration
- 9%
- top lender's share
Borrower mix: 50% went to startups / new businesses, 50% to established operators
Franchise vs independent — in food (health) supplement stores, franchised businesses charge off at 24.6% vs 23.5% for independents — franchising is associated with 5% higher SBA default risk in this category.
Top lenders financing Nutrishop franchisees
Showing 3 of 12 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 Nutrishop from SBA 7(a) FOIA data.
- Principal loss rate
- 17.8%
- Avg SBA guarantee
- 71%
- Avg interest rate
- 7.39%
- Avg chargeoff amount
- $165K
- Lender concentration
- 9.1%
- Job velocity
- 2.1 per $100K
- NAICS benchmark
- 12.5%
- NAICS 446191
- Jobs supported
- 39
Top SBA lendersTop lender holds 9% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | PeopleFund | 1 | $144K | 100.0% |
| 2 | Columbia Bank | 1 | $232K | 100.0% |
| 3 | The Callaway Bank | 1 | $64K | 0.0% |
| 4 | The Bank of Commerce | 1 | $145K | N/A |
| 5 | Stearns Bank National Association | 1 | $125K | 0.0% |
| 6 | JPMorgan Chase Bank, National Association | 1 | $80K | 0.0% |
| 7 | Wells Fargo Bank National Association | 1 | $96K | 0.0% |
| 8 | U.S. Bank, National Association | 1 | $50K | N/A |
| 9 | CDC Small Business Finance Corp. | 1 | $215K | N/A |
| 10 | American Plus Bank, National Association | 1 | $250K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| CACalifornia | 4 | 1 | 50.0% |
| TXTexas | 2 | 1 | 100.0% |
| GAGeorgia | 1 | 0 | 0.0% |
| IDIdaho | 1 | 0 | -- |
| MOMissouri | 1 | 0 | 0.0% |
| SDSouth Dakota | 1 | 0 | 0.0% |
| UTUtah | 1 | 0 | -- |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Nutrishop exhibits HIGH RISK profile due to system contraction, multi-state regulatory violations, undisclosed profitability metrics, and governance concerns masking underlying financial instability.
Why this reads harsher than the B grade: the grade weighs financial health, unit economics, unit growth, scale, legal, and transparency across the whole filing, while this summary lists individual flags without that weighting. The flags are worth checking with current owners; neither is investment advice.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
Item 3 discloses 5 concluded matters: (1) SEC v. First Mortgage Corporation et al. (incl. director Clement Ziroli, Jr.) - securities fraud, Final Judgment July 2016, disgorgement/penalty totaling $638,625.90 against Ziroli Jr.; (2) Arizona Dept. of Financial Institutions cease-and-desist order against FMC and Ziroli Jr. (mortgage license violations), Consent Order Dec 2010, $39,582.50; (3) Minnesota Dept. of Commerce consent order against Nutrishop (sold 2 unregistered franchises), Aug 2019, $1,300; (4) Washington Securities Division consent order (registration/disclosure violations), Sept 2019, $1,000; (5) California DFPI v. Nutrishop (offered/sold ~58 franchises before registration), Consent Order Sept 2021, $95,000 administrative penalty.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · LSL CPAs (LSL, Irvine/Brea, California)
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 46 / 100 verdict
- 01MINORDeclining unit count (-2.9% YoY) indicates system contraction and weakening franchisee demand
- 02MINORRegulatory violations across three states (Minnesota, Washington, California) for franchise registration and disclosure suggest compliance failures at corporate level
- 03HIGHDirector litigation involving mortgage securities and banking licenses raises governance and integrity concerns
- 04MEDAverage net income not disclosed despite average revenue of $170,390 — suggests poor profitability or intentional opacity
- 05MINORLow franchise fee ($20K) relative to investment range suggests weak brand equity and potential race-to-the-bottom franchisee quality
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 3 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 10 mi |
| Territory population | 400,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 3 years |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | Yes |
| Arbitration location | Henderson, Nevada (American Arbitration Association) |
| Jury trial waiver | Yes |
| Governing law | NV |
| Litigation count | 5 |
View Item 3 litigation summary
Item 3 discloses 5 concluded matters: (1) SEC v. First Mortgage Corporation et al. (incl. director Clement Ziroli, Jr.) - securities fraud, Final Judgment July 2016, disgorgement/penalty totaling $638,625.90 against Ziroli Jr.; (2) Arizona Dept. of Financial Institutions cease-and-desist order against FMC and Ziroli Jr. (mortgage license violations), Consent Order Dec 2010, $39,582.50; (3) Minnesota Dept. of Commerce consent order against Nutrishop (sold 2 unregistered franchises), Aug 2019, $1,300; (4) Washington Securities Division consent order (registration/disclosure violations), Sept 2019, $1,000; (5) California DFPI v. Nutrishop (offered/sold ~58 franchises before registration), Consent Order Sept 2021, $95,000 administrative penalty.
Items 10, 11
Training & Operations
- Classroom training
- 11 hrs
- On-the-job training
- 51 hrs
- Training location
- California, or other location franchisor designates
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- POS system
- No specific POS system required; franchisee chooses computer/POS hardware and software (Item 7 Computer System estimate $2,500-$4,000).
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: No specific POS system required; franchisee chooses computer/POS hardware and software (Item 7 Computer System estimate $2,500-$4,000).
Item 20 · call current owners
Franchisee Contacts
96 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 Nutrishop franchise?
The total investment to open a Nutrishop franchise ranges from $149K – $256K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Nutrishop franchise owners earn?
Item 19 of the Nutrishop FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Nutrishop?
Nutrishop is franchised by Nutrishop, Inc.. The FDD names no parent company. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Nutrishop 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 Nutrishop FDD and qualifies whose outlets they describe.
What is Nutrishop's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Nutrishop (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Nutrishop franchise locations are there?
As of their most recent FDD filing, Nutrishop has 101 total units in the United States, including 100 franchised units and 1 company-owned units. 9 new units were opened in the latest reporting year.
Is Nutrishop a good franchise to buy?
FranchiseVerdict rates Nutrishop as a B-grade franchise with a verdict score of 46 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
Are you the franchisor?
If you represent Nutrishop, you can request corrections or provide updated information.
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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.