FranchiseVerdict
Pause logo
FV-01904·MODERATEExcellent91

Pause

Health & FitnessFranchising since 2022Website
Investment
$881K – $1.5M
95th pct Health & Fitn…
Avg revenue
$1.5M
53rd pct Health & Fitn…
Royalty
7.0%
27th pct Health & Fitn…
Units
8
35th pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $881K – $1.5M including a $60K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $1.5M/year (median $1.6M).
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 20 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
PAUSE FRANCHISOR INC.
Parent company
Pause Holdings, Inc.
Incorporated in
Delaware
HQ
13353 W. Washington Blvd., Los Angeles, CA 90066
Auditor
REESE CPA LLC
Audited financials
Franchisor revenue
$226K
vs $753K 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 Pause unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,542,376
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: $881K–$1.5M
Working capital
$
FDD reports $20K–$70K

Unlevered ROIC · per unit

37%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$463K
EBITDA margin
30.0%
Total invested
$1.3M
Payback
32 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 Pause units return on equity?

Edit assumptions

Equity IRR · 5-yr

24.8%

3.03× MOIC

Year-1 DSCR

3.41×

EBITDA ÷ debt service

Equity required

$19.8M

on $35.5M purchase

Total debt

$15.6M

SBA $5.0M + senior + seller note

SBA 7(a) request ($17.7M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Pause appears to be a wellness or lifestyle services franchise based on brand positioning. Franchisees likely operate retail/service locations serving customers seeking wellness, fitness, mental health, or lifestyle products/services, handling daily operations, customer acquisition, staff management, and local marketing within their protected territory.

CEO
John Klein
Founded
2022
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$881K – $1.5M
All-in to open one unit
Liquid capital
$20K – $70K
Cash you must have on hand
Franchise fee
$60K
Royalty
7.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.5M
Per unit, per year
Median gross sales
$1.6M
Item 19 type
Affiliate-Owned Locations
Sample size
5 units
vs category median 12 · small
Range (low → high)
$1.3M$1.8M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank53th
vs Health & Fitness peers
Investment cost rank95th
Lower investment ranks lower (better)
Royalty rate rank27th
Lower royalty = lower percentile (better)
Unit count rank35th
vs Health & Fitness peers
Risk score rank39th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
8
Opened
3
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
38%
vs corporate-owned
2023
3+3
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 · 17 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 · 17 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.

Total loans
20
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

Pause presents material investment risk due to franchisor going concern status, micro-scale system of 8 units, undisclosed profitability data, and unclear growth trajectory—fundamentals required for franchisee success are not transparent.

Score breakdown · what drove the 57 / 100 rating

  1. 01HIGHGoing Concern status indicates financial distress or operational instability at franchisor level
  2. 02MEDOnly 8 units system-wide suggests minimal scale, limited support infrastructure, and high failure risk
  3. 03MEDNet income not disclosed in Item 19 prevents ROI validation — cannot verify if $1.54M average revenue generates acceptable profit after 7% royalties and operating costs
  4. 04MINORHigh initial investment range ($880K–$1.53M) creates significant exposure with unproven unit economics
  5. 05MINORUnknown unit growth trajectory indicates stagnant or declining system; no evidence of expansion or franchisee success replication
  6. 06MINORMinimal franchise fee ($60K) relative to total investment suggests franchisor relies heavily on royalties, creating misaligned incentives

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius and 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
Delaware

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
50 hrs
POS system
Zenoti
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

26 numbers

Locked
(307) 344-••••
WY
(415) 999-••••
CA
(770) 696-••••
GA

One-time purchase · CSV download · Validation questions included

FDD download

Pause · FDD (2025) PDF

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