Bottom line
- Total investment $46K – $280K including a $40K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $399K/year (median $303K).
- Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 13 loans (below the industry average).
- No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.
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 SOLDIERFIT unit return on the cash you put in?
Unlevered ROIC · per unit
65%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 SOLDIERFIT units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.9M
on $9.6M purchase
Total debt
$7.7M
SBA $4.8M + senior + seller note
Overview
About
SOLDIERFIT franchisees operate fitness facilities offering military-style boot camp and functional training classes. Day-to-day operations include leading group fitness classes, managing member memberships and billing, maintaining facility equipment and cleanliness, handling sales and retention, and managing 1-5 staff members depending on location size.
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 · 17 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
SOLDIERFIT presents high investment risk due to a contracting franchise network (declining 12.5% YoY), franchisor going concern issues, absent profitability disclosure, unprotected territories, and insufficient unit density for brand viability.
Score breakdown · what drove the 64 / 100 rating
- 01MINORSystem contracting significantly: 12 units declining 12.5% YoY indicates shrinking franchise network and potential brand momentum loss
- 02HIGHGoing Concern status is False: Franchisor's financial viability is questionable, raising sustainability and support concerns
- 03MEDNo Item 19 (Average Net Income) disclosed: Inability to validate profitability claims; $398,931 average revenue doesn't guarantee positive returns after 6% royalties, operating costs, and $40,000 franchise fee payback
- 04MINORUnprotected territory: No geographic exclusivity means franchisees face direct competition from other SOLDIERFIT units and potential cannibalization
- 05MEDHigh front-end costs relative to disclosed performance: $45,750-$279,734 investment with undisclosed net income creates unfavorable risk-reward profile
- 06MEDSmall franchise base with negative trajectory: 12 units total suggests limited brand recognition, economies of scale, and supplier negotiating power
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
22 numbers
One-time purchase · CSV download · Validation questions included
FDD download
SOLDIERFIT · FDD (2023) PDF