Bottom line
- Total investment $388K – $623K including a $60K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 67 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 RockBox Fitness unit return on the cash you put in?
Unlevered ROIC · per unit
42%
In Yale's "attractive" band (30–60%)
Overview
About
RockBox Fitness franchisees operate boutique fitness studios offering rock-climbing and climbing-focused group fitness classes. Day-to-day operations include managing climbing walls, leading instructional classes, handling membership sales and retention, maintaining facility safety/equipment, and managing staff scheduling and payroll.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 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
RockBox Fitness presents meaningful caution-level risk: contracting unit base, undisclosed financials, active litigation, and going concern status indicate potential franchisor instability and unproven unit-level profitability.
Score breakdown · what drove the 56 / 100 rating
- 01MEDUnit count declined 13.3% YoY (52 units) indicating system contraction and potential market saturation or performance issues
- 02MEDNo Item 19 financial performance disclosure (Avg Revenue and Net Income not disclosed) prevents accurate ROI assessment and suggests weak unit economics
- 03HIGHActive litigation involving franchisor over lease dispute and indemnity claims raises concerns about franchisor support and legal exposure for franchisees
- 04MEDHigh minimum royalty of $1,500/month ($18,000/year) creates break-even pressure on struggling locations, especially relevant given unit decline
- 05HIGHGoing Concern flag suggests potential financial instability at franchisor level, raising solvency and support continuity risks
- 06MINORFitness franchise sector highly competitive with low barriers to entry; declining units suggest RockBox losing market share or struggling with retention
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
RockBox Fitness · FDD (2025) PDF