Bottom line
- Total investment $162K – $473K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $263K/year (median $221K).
- Rated MODERATE with a risk score of 62/100.
- Emerging franchise — only 2 years of franchising with 18 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 PingPod unit return on the cash you put in?
Unlevered ROIC · per unit
21%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 PingPod units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.3M
on $6.3M purchase
Total debt
$5.1M
SBA $3.2M + senior + seller note
Overview
About
PingPod franchisees operate table tennis lesson facilities or coaching centers, likely managing customer acquisition, lesson scheduling, facility maintenance, and instructor coordination. Day-to-day responsibilities involve teaching ping pong lessons, managing student bookings, handling facility operations, and generating revenue through lesson fees and potentially equipment/merchandise sales.
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 · 6 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.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
PingPod presents elevated risk due to undisclosed net income, tiny franchise system, franchisor financial instability, complex dual-royalty model, and lack of transparent franchisee profitability data.
Score breakdown · what drove the 62 / 100 rating
- 01MEDNo average net income disclosed despite $263k average revenue — inability or unwillingness to report profitability is a major red flag
- 02MEDOnly 18 units with unknown growth trajectory — extremely small franchise system limits support infrastructure and suggests limited market validation
- 03HIGHGoing Concern status is False — indicates potential financial instability at franchisor level
- 04MINORDual royalty structure (6% + per-lesson fee of $7.50-$10) creates unpredictable cost burden and reduces transparency of true franchise costs
- 05MINOR10-year term with $49,500 franchise fee and $161.5k-$473k investment requires significant capital commitment for unproven concept with minimal franchisee success data
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
11 numbers
One-time purchase · CSV download · Validation questions included
FDD download
PingPod · FDD (2025) PDF