FranchiseVerdict
The Sweat Shack logo
FV-02712·CAUTIONExcellent81

The Sweat Shack

RetailFranchising since 2022Website
Investment
$288K – $564K
71st pct Retail
Avg revenue
53rd pct Retail
Royalty
6.0%
41st pct Retail
Units
3
5th pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $288K – $564K including a $45K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
The Sweat Shack Franchising LLC
Incorporated in
Tennessee
HQ
2012 Tollgate Boulevard, Thompson Station, Tennessee 37179
Auditor
Divine, Blalock, Martin & Sellari, LLC
Audited financials
Franchisor revenue
$79K
vs $174K 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 The Sweat Shack 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: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $288K–$564K
Working capital
$
FDD reports $5K–$10K

Unlevered ROIC · per unit

12%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$53K
EBITDA margin
7.0%
Total invested
$434K
Payback
99 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

The Sweat Shack franchisees operate boutique fitness facilities, likely specializing in high-intensity workout classes (HIIT, functional training, or similar sweat-equity fitness concepts). Day-to-day operations include managing class schedules, instructing or supervising fitness classes, maintaining equipment, retaining members, and handling front-desk/membership administration.

CEO
Mark Felan
Founded
2019
FDD year
2025
States available
2

Item 7 · what it costs

The Vitals

Total investment
$288K – $564K
All-in to open one unit
Liquid capital
$5K – $10K
Cash you must have on hand
Franchise fee
$45K
Royalty
6.0%
Gross Revenues · 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
1
Corporate units in the system
% franchised
67%
vs corporate-owned
Multi-unit owners
15.4%
Net growth (yr3)
+0.0%
Net unit change last year
2023
2±0
Franchised units
2024
2
Franchised units
2025
0
Franchised units

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

Item 20 · 4 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 · 4 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.

Total loans
2
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

72
Risk · 0-100
CAUTION72 / 100

The Sweat Shack presents HIGH RISK due to a micro-franchise system with going concern issues, undisclosed financials, and no track record of unit growth or profitability validation.

Score breakdown · what drove the 72 / 100 rating

  1. 01MINOROnly 3 units in system with unknown growth trajectory suggests stagnant or contracting franchise
  2. 02MINORNo Item 19 (average revenue/income) disclosure is major red flag for profitability assessment
  3. 03HIGHGoing Concern status is False, indicating material doubt about franchisor's ability to continue operations
  4. 04MINORHigh initial investment range ($288k-$564k) with minimal system size creates survivorship risk
  5. 05HIGHNo litigation disclosure combined with only 3 units may indicate franchisor too small to have public disputes or suggests selective disclosure

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/Area
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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Tennessee

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
32 hrs
POS system
POS System
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
(661) 678-••••
Gen Well LLC
CA
(661) 305-••••
The franchisor is The Sweat Shack Franchising LLC, located at
CA
(661) 510-••••
Sara Rust
CA

One-time purchase · CSV download · Validation questions included

FDD download

The Sweat Shack · FDD (2025) PDF

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