Pilates RepublicFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Pilates Republic franchise requires a total initial investment of $375K – $584K, including a $50K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $1.1M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $375K – $584K
- 25th pct Service Resta…
- Avg gross sales
- $1.1M
- 12th pct Service Resta…
- Royalty
- 6.0%
- 26th pct Service Resta…
- Units
- 4
- 10th pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2025. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $375K – $584K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.1M/year.
- Verdict A (Top Quintile) with a risk score of 45/100.
- Emerging franchise: only 1 year of franchising with 4 units. Early-stage systems carry higher risk but may offer better territory availability.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Pilates Republic Franchising LLC
- Parent company
- Pilates Republic, Inc.
- Incorporated in
- CA
- HQ
- 2654 Del Mar Heights Road, San Diego, California 92014
- Auditor
- Baker Tilly US, LLP
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Overview
About
Pilates Republic franchisees operate boutique fitness studios offering Pilates classes and related wellness services. Day-to-day operations include class scheduling, instructor management, studio maintenance, member billing/retention, and marketing to build and maintain a recurring membership base in their protected territory.
- CEO
- Courtney Miller
- Headquarters
- CA
- Founded
- 2024
- FDD year
- 2026
- States available
- 0
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $30K | $45K |
| Equipment, build-out, other | $295K | $489K |
| Total initial investment | $375K | $584K |
Source: Pilates Republic 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$111K
10.0% margin
Unlevered ROIC
21%
EBITDA / total invested capital
Payback
4.7 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $375K – $584K
- Better than avg vs category
- Liquid capital req'd
- $30K – $45K
- Better than avg vs category
- Franchise fee
- $50K – $50K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 48.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $40 |
| Transfer fee | $50K |
| Renewal fee | $10K |
| Total fee load | 48.0% of rev |
At 48.0% total fee load, roughly $533K per year goes to the franchisor before you pay a single operating expense.
Financial Performance
- Avg gross sales
- $1.1M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Historical
- Sample size
- 3 units
- vs category median 13 · small
- Range (low → high)
- $970K→$1.2M
- Cohort dispersion (min → max)
- Transparency
- 3 / 5
- vs category median 4 / 5 · below
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Pilates Republic Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 4
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 15 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.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Pilates Republic is an early-stage, micro-system franchise with insufficient performance transparency, questionable franchisor stability, and unproven unit-level profitability that poses meaningful financial risk to prospective franchisees.
Audited financials (Item 21)
Yes · Baker Tilly US, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 45 / 100 rating
- 01MEDOnly 4 operating units indicates extremely limited franchise system scale and unproven replicability model
- 02MINORNo net income disclosure (Item 19) prevents accurate ROI analysis and suggests franchisor may lack performance data or want to obscure profitability concerns
- 03MINORHigh initial investment ($375k-$584k) relative to tiny unit count raises questions about unit economics and franchisee ROI
- 04HIGHGoing Concern = False status suggests franchisor may have solvency or operational stability issues
- 05MINORUnknown growth trajectory with only 4 units provides no evidence of system momentum or franchisee success rates
- 06MINOR6% royalty on $1.1M average revenue = $66k/year ongoing fees plus operational costs create pressure on thin fitness studio margins
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 33 hrs
- On-the-job training
- 0 hrs
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
21 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Pilates Republic · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Pilates Republic franchise?
The total investment to open a Pilates Republic franchise ranges from $375K – $584K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Pilates Republic franchise owners earn?
According to Item 19 of the Pilates Republic FDD, the average gross sales per unit is $1.1M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Pilates Republic's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Pilates Republic (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 Pilates Republic franchise locations are there?
As of their most recent FDD filing, Pilates Republic has 4 total units in the United States, including 0 franchised units and 4 company-owned units.
Is Pilates Republic a good franchise to buy?
FranchiseVerdict rates Pilates Republic as a A-grade franchise with a risk score of 45 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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 Pilates Republic, you can request corrections or provide updated information.
Claim this brandOther Full-Service Restaurants franchises
Compare similar franchise opportunities in the Full-Service Restaurants category
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.