Bottom line
- Total investment $248K – $411K including a $49K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $507K/year (median $442K). Estimated payback in 1.6 years.
- Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- Emerging franchise — only 3 years of franchising with 3 units. Early-stage systems carry higher risk but may offer better territory availability.
Item 1 · who you're contracting with
The Franchisor
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 PERFORMANCE360® unit return on the cash you put in?
Unlevered ROIC · per unit
39%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 PERFORMANCE360® units return on equity?
Equity IRR · 5-yr
40.9%
5.55× MOIC
Year-1 DSCR
2.09×
EBITDA ÷ debt service
Equity required
$3.3M
on $11.9M purchase
Total debt
$8.6M
SBA $5.0M + senior + seller note
Overview
About
PERFORMANCE360® operates fitness/athletic performance centers offering personal training, strength conditioning, sports performance optimization, and possibly rehabilitation services. Franchisees manage facility operations, staff training, client acquisition, and day-to-day membership/training program delivery.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 45 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Extremely early-stage franchise system (3 units, unknown growth) with undisclosed financials, franchisor financial instability, and high capital requirements relative to system size creates significant validation and support risk.
Score breakdown · what drove the 65 / 100 rating
- 01MEDOnly 3 existing units with unknown growth trajectory suggests extremely limited system maturity and scalability proof
- 02MEDNo Item 19 financial performance representations disclosed limits ability to validate the $506,755 average revenue claim independently
- 03HIGHGoing Concern status is FALSE, indicating potential financial instability at franchisor level despite $49,000 franchise fee collection
- 04MINORHigh investment range ($247,650–$410,500) relative to only 3 operating locations raises questions about unit economics and franchisor support infrastructure
- 05MINOR7% royalty on gross revenues (not net) combined with startup costs suggests tight cash flow margins for new franchisees
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
93 numbers
One-time purchase · CSV download · Validation questions included
FDD download
PERFORMANCE360® · FDD (2023) PDF