FranchiseVerdict
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FV-02286·MODERATEExcellent91

ServiceRX

Health & FitnessFranchising since 2022Website
Investment
$35K – $104K
4th pct Health & Fitn…
Avg revenue
$507K
25th pct Health & Fitn…
Royalty
Units
3
16th pct Health & Fitn…
SBA default

Bottom line

  • Total investment $35K – $104K including a $20K franchise fee.
  • Average unit revenue of $507K/year (median $317K).
  • Rated MODERATE with a risk score of 60/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Tri Fit Holdings, LLC
Incorporated in
North Carolina
HQ
1703 Pinecrest St., Burlington, NC 27215
Auditor
DA Advisory Group PLLC
Audited financials
Franchisor revenue
$35K
vs $50K prior year

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 ServiceRX unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $506,532
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: $35K–$104K
Working capital
$
FDD reports $5K–$15K

Unlevered ROIC · per unit

194%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$154K
EBITDA margin
30.5%
Total invested
$80K
Payback
6 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 ServiceRX units return on equity?

Edit assumptions

Equity IRR · 5-yr

40.9%

5.55× MOIC

Year-1 DSCR

2.09×

EBITDA ÷ debt service

Equity required

$3.3M

on $11.9M purchase

Total debt

$8.6M

SBA $5.0M + senior + seller note

SBA 7(a) request ($6.0M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

ServiceRX franchisees appear to operate a service-based business (likely pharmacy, healthcare, or pharmaceutical-related services) managing weekly gross revenues averaging $506k. Day-to-day operations likely involve client account management, service delivery/fulfillment, compliance documentation, and coordination with franchisor systems, while paying a minimum $125/week royalty floor.

CEO
Scott Jennings
Founded
2022
FDD year
2026
States available
2

Item 7 · what it costs

The Vitals

Total investment
$35K – $104K
All-in to open one unit
Liquid capital
$5K – $15K
Cash you must have on hand
Franchise fee
$20K
Royalty
The greater of: (i) 6% of your weekly Gross Revenue, or (…
Ad fund
1.5%
typical 3–5%
Total fee load
7.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$507K
Per unit, per year
Median gross sales
$317K
Item 19 type
Gross Revenue
Sample size
3 units
vs category median 12 · small
Range (low → high)
$250K$953K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank25th
vs Health & Fitness peers
Investment cost rank4th
Lower investment ranks lower (better)
Royalty rate rank69th
Lower royalty = lower percentile (better)
Unit count rank16th
vs Health & Fitness peers
Risk score rank45th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
3
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
67%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2024
2±0
Franchised units
2025
2
Franchised units
2026
2
Franchised units

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

Item 12 · 2 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

2

states with franchisees (per FDD Item 12)

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

60
Risk · 0-100
MODERATE60 / 100

Micro-system with opaque financial disclosures, questionable franchisor stability, and minimal operational track record creates elevated risk for franchisee profitability and franchisor support sustainability.

Score breakdown · what drove the 60 / 100 rating

  1. 01MINOROnly 3 units in system with unknown growth trajectory indicates minimal scale and unproven model expansion
  2. 02MEDNet income not disclosed in Item 19 prevents ROI validation; only gross revenue ($506k avg) provided without profitability context
  3. 03HIGHGoing Concern = False is highly unusual terminology and may indicate financial instability or accounting issues at franchisor level
  4. 04MINORDual royalty structure (6% OR $125/week minimum) means franchisees pay $6,500 minimum annually regardless of performance
  5. 05MEDExtremely limited franchisee base (3 units) makes due diligence validation difficult and suggests weak demand or recent launches

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 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
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
95 hrs
On-the-job training
120 hrs
POS system
Service Fusion
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

1 numbers

Locked
(844) 681-••••

One-time purchase · CSV download · Validation questions included

FDD download

ServiceRX · FDD (2026) PDF

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