FranchiseVerdict
Safari Run logo
FV-02204·MODERATEStandard76

Safari Run

Health & FitnessFranchising since 2009Website
Investment
$429K – $1.1M
77th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
6.0%
9th pct Health & Fitn…
Units
3
16th pct Health & Fitn…
SBA default

Bottom line

  • Total investment $429K – $1.1M including a $40K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • 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
Safari Run Enterprises, LLC
Incorporated in
California
HQ
341 North Amphlett Boulevard, San Mateo, California 94401-1806
Franchisor revenue
$23K
Most recent fiscal year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Safari Run unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $429K–$1.1M
Working capital
$
FDD reports $40K–$60K

Unlevered ROIC · per unit

27%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$225K
EBITDA margin
30.0%
Total invested
$825K
Payback
44 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.

Overview

About

Safari Run is an outdoor adventure/recreational attraction franchise (likely obstacle course, zip-lining, or wildlife-themed activity park). Franchisees operate day-to-day venue management including guest check-ins, activity supervision, safety compliance, equipment maintenance, staff scheduling, and revenue collection from walk-in and group bookings.

CEO
Robert Eichensehr
Founded
2009
FDD year
2025
States available
2

Item 7 · what it costs

The Vitals

Total investment
$429K – $1.1M
All-in to open one unit
Liquid capital
$40K – $60K
Cash you must have on hand
Franchise fee
$40K
Royalty
6.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

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

Total units
3
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
33%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
1±0
Franchised units
2024
1
Franchised units
2025
1
Franchised units

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

Item 20 · 3 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 · 3 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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

Micro-franchise system with severe data opacity, unproven unit economics, and unclear growth viability makes this a speculative, high-risk investment requiring extensive founder vetting.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 3 units in system with unknown growth trajectory suggests minimal scale and market validation
  2. 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI assessment and raises transparency concerns
  3. 03MINORWide investment range ($429k-$1.1M) indicates unclear cost structure or significant unit variability
  4. 04MINOR5-year term is shorter than industry standard (10 years typical), limiting franchisee runway to profitability
  5. 05HIGHGoing concern status despite tiny unit count suggests potential franchisor financial fragility

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
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
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
The state where the Franchised Unit is located

Item 11

Training & Operations

Classroom training
24 hrs
On-the-job training
78 hrs
POS system
Keystroke
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

6 numbers

Locked
(214) 202-••••
TX
(650) 342-••••
CA
(408) 579-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Safari Run · FDD (2025) PDF

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