The Sports BraFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A The Sports Bra franchise requires a total initial investment of $304K – $889K, including a $55K franchise fee and an ongoing 5.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $304K – $889K
- 18th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 1
- 2nd pct Service Resta…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2024. Newer systems carry more uncertainty but may offer better territories.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $304K – $889K including a $55K franchise fee, 5.0% ongoing royalty.
- Item 19 disclosed $1.1M from 1 affiliate-owned outlet — the only unit in the system. This reflects franchisor operations, not franchisee performance.
- Verdict A (Top Quintile) with a risk score of 44/100.
- Auditor 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
- Legal entity
- The Sports Bra Franchise LLC
- Parent company
- The Sports Bra Hold Co.
- Incorporated in
- DE
- HQ
- 2512 NE Broadway Street, Portland, Oregon 97232
- Auditor
- Perkins & Co
- Audited financials
- Franchisor revenue
- $16K
- Most recent fiscal year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
The Sports Bra franchisees operate specialty retail locations focused on athletic bras and related women's sportswear, providing fitting expertise and curated product selection. Day-to-day operations include inventory management, customer fittings and consultations, staff training, and local marketing to build brand awareness in their protected territory.
- CEO
- Jennifer (Jenny) Nguyen
- Headquarters
- OR
- Founded
- 2024
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $55K | $55K |
| Working capital (3–6 mo) | $80K | $150K |
| Equipment, build-out, other | $169K | $684K |
| Total initial investment | $304K | $889K |
Source: The Sports Bra 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $304K – $889K
- Better than avg vs category
- Liquid capital req'd
- $80K – $150K
- Near category avg vs category
- Franchise fee
- $44K – $55K
- Near category avg vs category
- Royalty
- 5.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $1K |
| Transfer fee | $2K |
| Renewal fee | $14K |
| Total fee load | 7.0% of rev |
Financial Performance
Item 19 disclosed $1.1M from 1 affiliate-owned outlet — the only unit in the system. This reflects franchisor operations, not franchisee performance.
vs Full-Service Restaurants averages
How The Sports Bra Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 15 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $320K
- Median loan
- $320K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into The Sports Bra's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage franchise with single operating unit, undisclosed profitability metrics, and unclear growth model presents moderate-to-high validation risk despite no litigation.
Audited financials (Item 21)
Yes · Perkins & Co⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 44 / 100 rating
- 01MINOROnly 1 operating unit with unknown growth trajectory raises serious scalability concerns and limits validation data
- 02MEDNet income not disclosed despite $1.09M average revenue — unable to assess true profitability or ROI timeline
- 03MINORWide investment range ($304K-$889K) suggests inconsistent buildout costs or unclear fee structure
- 04MINOR5% royalty on gross revenue (not net) means franchisees pay royalties even in unprofitable periods
- 05MEDNo disclosed multi-unit success stories or expansion plans despite 10-year franchise term
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Oregon |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 6 hrs
- On-the-job training
- 42 hrs
- POS system
- Square
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square
Item 20 · call current owners
Franchisee Contacts
16 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
The Sports Bra · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Sports Bra franchise?
The total investment to open a The Sports Bra franchise ranges from $304K – $889K, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do The Sports Bra franchise owners earn?
The Sports Bra 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 The Sports Bra's franchise failure rate?
SBA 7(a) loan charge-off data is not available for The Sports Bra (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 The Sports Bra franchise locations are there?
As of their most recent FDD filing, The Sports Bra has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is The Sports Bra a good franchise to buy?
FranchiseVerdict rates The Sports Bra as a A-grade franchise with a risk score of 44 out of 100, 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.
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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.