ServiceRX Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
ServiceRX is a services franchise providing repair, maintenance, and installation of exercise and fitness equipment for gyms and homes. Franchisees run local operations, managing technicians, service calls, and accounts.
FranchiseVerdict summary · 2026
A ServiceRX franchise requires a total initial investment of $35K – $104K, including a $20K – $28K franchise fee. The 2026 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $35K – $104K
- 3rd pct Health & Fitn…
- Avg gross sales
- N/A
- Incl. company outletsn=2
- Royalty
- N/A
- Units
- 3
- 15th pct Health & Fitn…
- SBA charge-off
- N/A
Quick verdict · Health & Fitness · color = vs category peers
Green = favorable by >10% vs Health & Fitness avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $35K – $104K including a $20K franchise fee.
- RETURNSItem 19 reports Actual historical results of Company-Owned Outlet and 2 franchised outlets (not a statistical average/median table) rather than annual gross sales, so unit revenue is not directly comparable.
- RISKVerdict C (Average), verdict score 39/100 (higher is better).
- FLAGAuditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Tri Fit Holdings, LLC
- CEO title
- Co-Owner / Co-founder
- Scott Jennings
- Incorporated in
- NC
- HQ
- 1703 Pinecrest St., Burlington, NC 27215
- Auditor
- DA Advisory Group PLLC
- Audited financials
- Franchisor revenue
- $35K
- vs $50K prior year
- ⚠ Going-concern note
- Disclosed in FDD 2026
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Affiliated brands
- does not offer franchises in any line of business
- FitTech and Assembly
- will not provide products or services to our franchisees
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Scott Jennings
- Headquarters
- NC
- Founded
- 2022
- FDD year
- 2026
- States available
- 2
Can you afford it, and what does the money buy?
Entry cost runs 88% below the typical health & fitness franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $20K | $28K | |
| Travel Expense for Initial Trainingnot refundable | $2K | $5K | |
| Training at Manufacturernot refundable | $0 | $700 | |
| Rent (3 months, plus security deposit)not refundable | $0 | $15K | |
| Leasehold Improvementsnot refundable | $0 | $5K | |
| Local Area Advertising Requirement (3 months)not refundable | $900 | $900 | |
| Grand Opening Marketingnot refundable | $0 | $5K | |
| Computer, Office Equipmentnot refundable | $0 | $4K | |
| Signagenot refundable | $0 | $500 | |
| Utility Security Depositsnot refundable | $0 | $500 | |
| Furniture and Fixturesnot refundable | $0 | $2K | |
| Software / Technologynot refundable | $1K | $2K | |
| Equipmentnot refundable | $500 | $2K | |
| Inventory and Suppliesnot refundable | $0 | $500 | |
| Insurancenot refundable | $3K | $8K | |
| Professional Feesnot refundable | $3K | $5K | |
| Permits and Licensesnot refundable | $100 | $500 | |
| Service Vehiclenot refundable | $0 | $7K | |
| Uniforms (per staff member)not refundable | $125 | $125 | |
| Additional Funds (3 months)not refundable | $5K | $15K | |
| Total initial investment | $35K | $104K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $35K – $104K
- Top 40% of category vs category
- Liquid capital req'd
- $5K – $15K
- Top 40% of category vs category
- Franchise fee
- $20K – $28K
- Top 40% of category vs category
- 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
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $100 |
| Training fee | $500 |
| Transfer fee | $25 |
| Renewal fee | $25 |
| Total fee load | 7.5% of rev |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
ServiceRX did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one ServiceRX unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
288%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
Includes company-owned outlets
Based on a sample of only 2
- Item 19 type
- Actual historical results of Company-Owned Outlet and 2 franchised outlets (not a statistical average/median table)
- Sample size
- 2
- vs category median 12 · small
- Range (low → high)
- $250K→$317K
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 173 Health & Fitness brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.5% (near the Health & Fitness average).
Disclosure
Item 19 reports Actual historical results of Company-Owned Outlet and 2 franchised outlets (not a statistical average/median table) rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
Net unit growth of +200.0% over 3 years (0 opened, 0 closed).
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Health & Fitness averages
How ServiceRX Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 67%
- vs corporate-owned
- Net growth (3-yr)
- +200.0%
- Net unit change over 3 years
- 3-yr CAGR
- +200.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 2
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Continuity rate
- 100.0%
- Units that stayed open
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)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
The auditor flagged going-concern doubt (Item 21) — the single biggest risk here.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Very small equipment-repair franchise (3 units, 2 franchised) with an auditor going-concern note (going_concern_note=true) and tiny financials: net worth $60,633, revenue $49,846, net loss -$11,184. Franchising since 2022 so not brand-new, but scale is startup-like. No litigation.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $27,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · DA Advisory Group PLLC⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 39 / 100 verdict
- 01MINORGoing-concern note (going_concern_note=true)
- 02MINORVery small scale: 3 units, revenue $49,846, net loss -$11,184
- 03MINORMinimal net worth $60,633
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | North Carolina |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 95 hrs
- On-the-job training
- 120 hrs
- Training location
- On-site and corporate
- Franchisor financing
- Offered
- Item 10
- POS system
- Service Fusion
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Service Fusion
Item 20 · call current owners
Franchisee Contacts
3 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
ServiceRX · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a ServiceRX franchise?
The total investment to open a ServiceRX franchise ranges from $35K – $104K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do ServiceRX franchise owners earn?
ServiceRX does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the ServiceRX FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the ServiceRX FDD and qualifies whose outlets they describe.
What is ServiceRX's franchise failure rate?
SBA 7(a) loan charge-off data is not available for ServiceRX (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many ServiceRX franchise locations are there?
As of their most recent FDD filing, ServiceRX has 3 total units in the United States, including 2 franchised units and 1 company-owned units.
Is ServiceRX a good franchise to buy?
FranchiseVerdict rates ServiceRX as a C-grade franchise with a verdict score of 39 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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If you represent ServiceRX, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.