Bottom line
- Total investment $393K – $893K including a $50K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $838K/year (median $872K).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 32 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
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 Pvolve unit return on the cash you put in?
Unlevered ROIC · per unit
36%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Pvolve units return on equity?
Equity IRR · 5-yr
30.6%
3.80× MOIC
Year-1 DSCR
2.63×
EBITDA ÷ debt service
Equity required
$7.9M
on $18.4M purchase
Total debt
$10.5M
SBA $5.0M + senior + seller note
Overview
About
Pvolve franchisees operate boutique fitness studios offering low-impact, equipment-based workouts (using proprietary machines). Daily operations include class instruction, membership management, facility maintenance, staff scheduling, and member retention/acquisition marketing.
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 · 12 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
Early-stage fitness franchise with minimal unit base, undisclosed profitability, and unproven expansion model presents substantial execution risk despite no litigation history.
Score breakdown · what drove the 52 / 100 rating
- 01MEDOnly 6 units system-wide indicates extremely limited scale and unproven franchise model replication
- 02MEDNo disclosed net income data prevents assessment of actual profitability despite $837k average revenue
- 03MINORHigh investment ceiling ($892,500) creates significant downside risk with minimal comparable unit performance data
- 04MINORLack of growth trajectory information for 6-unit system raises questions about franchise scalability and appeal
- 05MINOR7% royalty on gross revenue (not net) means franchisees pay during unprofitable periods
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
25 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Pvolve · FDD (2024) PDF