FranchiseVerdict
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FV-02020·MODERATEExcellent95FDD 2022

Premier Martial Arts

Health & FitnessFranchising since 2018Website
Investment
$184K – $422K
32nd pct Health & Fitn…
Avg revenue
$316K
11th pct Health & Fitn…
Royalty
7.0%
27th pct Health & Fitn…
Units
175
88th pct Health & Fitn…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $184K – $422K including a $50K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $316K/year (median $286K). Estimated payback in 4.0 years.
  • Rated MODERATE with a risk score of 58/100. SBA loan default rate of 0.0% across 205 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Premier Franchising Group, LLC
Parent company
Unleashed Brands, LLC
Incorporated in
Tennessee
HQ
2350 Airport Freeway, Suite 505, Bedford, Texas 76022
Auditor
LBMC, PC
Audited financials
Franchisor revenue
$4.3M
vs $1.9M prior year
⚠ Going-concern note
Disclosed in FDD 2022
Status as of 2022; may have been resolved in a later filing we don't yet have.

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 Premier Martial Arts unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $315,850
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: $184K–$422K
Working capital
$
FDD reports $8K–$15K

Unlevered ROIC · per unit

26%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$82K
EBITDA margin
26.0%
Total invested
$314K
Payback
46 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 Premier Martial Arts units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.2M

on $6.0M purchase

Total debt

$4.8M

SBA $3.0M + senior + seller note

Overview

About

Franchisees operate brick-and-mortar martial arts training studios offering classes in karate, taekwondo, and mixed disciplines to youth and adult students. Day-to-day operations include instructor scheduling, student recruitment, class instruction oversight, member retention programs, and retail sales of uniforms and equipment.

CEO
Barry Van Over
Founded
2018
FDD year
2022
States available
30

Item 7 · what it costs

The Vitals

Total investment
$184K – $422K
All-in to open one unit
Liquid capital
$8K – $15K
Cash you must have on hand
Franchise fee
$50K
Royalty
7.0%
Gross Sales · typical 6–8%
Ad fund
5.0%
typical 3–5%
Total fee load
12.3%
vs 9–13% typical
Payback period
4.0 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$316K
Per unit, per year
Median gross sales
$286K
Item 19 type
Gross Sales, Expenses, and EBITDA
Sample size
59 units
vs category median 12 · large
Range (low → high)
$37K$890K
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank11th
vs Health & Fitness peers
Investment cost rank32th
Lower investment ranks lower (better)
Royalty rate rank27th
Lower royalty = lower percentile (better)
Unit count rank88th
vs Health & Fitness peers
Risk score rank42th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
175
Opened
75
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
9
Corporate units in the system
% franchised
95%
vs corporate-owned
Net growth (yr3)
+76.6%
Net unit change last year
3-yr CAGR
+144.1%
Compounded over last 3 years
2020
166+72
Franchised units
2021
94
Franchised units
2022
68
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 23 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 · 23 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
205
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

58
Risk · 0-100
MODERATE58 / 100

Growing martial arts franchise with meaningful regulatory history, active fraud litigation from franchisees, and unprotected territories that pose execution and profitability risks despite positive unit growth and operating margins.

Score breakdown · what drove the 58 / 100 rating

  1. 01HIGHActive multi-state franchisee lawsuit alleging fraud and franchise practice violations by affiliate UATP Management suggests systemic operational or disclosure issues
  2. 02MINOR2021 California consent order for unregistered franchise sales indicates prior regulatory non-compliance by predecessor; unclear if issues were fully remediated
  3. 03MINORUnprotected territory creates direct competition risk; with 175 units and no territorial exclusivity, same-brand cannibalization could compress individual unit economics
  4. 04MINORNet income of $75,950 on $315,850 revenue (24% margin) must support $49,500 franchise fee + 7% royalties + operating costs; tight ROI timeline
  5. 05HIGH76.6% YoY unit growth masks potential quality control concerns given litigation—rapid growth + lawsuits suggest recruitment may outpace support

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/Zip Codes
Protected territory
No
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
3
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
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
56 hrs
On-the-job training
2 hrs
POS system
Studio Pro
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

94 numbers

Locked
(954) 217-••••
FL
(828) 620-••••
NC
(717) 553-••••
PA

One-time purchase · CSV download · Validation questions included

FDD download

Premier Martial Arts · FDD (2022) PDF

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