Tiger-Rock Martial Arts Franchise Cost, Revenue & Review 2026
- Investment
- $204K – $370K
- Disclosed sales
- $330K
- gross sales, not profit
- SBA charge-off
- Limited · 13 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Tiger-Rock Martial Arts is a fitness franchise teaching taekwondo and martial arts to kids and adults through classes and belt programs. Franchisees run a school managing instructors, memberships, testing, and retail.
FranchiseVerdict summary · 2026
A Tiger-Rock Martial Arts franchise requires a total initial investment of $204K – $370K, including a $8K – $39K franchise fee. Per the 2025 FDD, average unit revenue was $330K[2]. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 5 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $204K – $370K
- 37th pct Health & Fitn…
- Avg gross sales
- $330K
- 11th pct Health & Fitn…
- Royalty
- Not extracted
- Units
- 97
- 78th pct Health & Fitn…
- SBA charge-off
- N/A
Quick verdict · Health & Fitness · color = vs category peers
Green = favorable by >10% vs Health & Fitness median · 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 $204K – $370K including a $39K franchise fee.
- RETURNSAverage unit revenue of $330K/year.
- RISKVerdict C (Average), verdict score 45/100 (higher is better).
- GROWTHNegative: net -2 franchised outlets in the latest year (1 opened, 3 closed); 4 signed but not yet open (Item 20).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Tiger-Rock MAI Systems, Inc.
- CEO title
- Chief Executive Officer, Corporate President, Chairman of Board of Directors
- Bert D. Kollars
- CEO experience
- 47 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Kansas
- HQ
- 8781 Penrose Lane, Lenexa, Kansas 66219
- Auditor
- Reese CPA LLC
- Audited financials
- Franchisor revenue
- $1.3M
- vs $1.3M prior year
Overview
About
- CEO
- Bert D. Kollars
- Headquarters
- KS
- Founded
- 2008
- FDD year
- 2025
- States available
- 17
Can you afford it, and what does the money buy?
Entry cost runs 27% below the typical health & fitness franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $39K | $39K |
| Working capital (3–6 mo) | $6K | $20K |
| Equipment, build-out, other | $159K | $311K |
| Total initial investment | $204K | $370K |
Source: Tiger-Rock Martial Arts 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
- $204K – $370K
- Top 40% of category vs category
- Liquid capital req'd
- $6K – $20K
- Top 40% of category vs category
- Franchise fee
- $8K – $39K
- Top 40% of category vs category
- Royalty
- $8.00 per Member
- Ad fund
- -n/d
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | $8.00 per Member |
| Technology fee | $199 |
| Training fee | $3K |
| Transfer fee | $39K |
| Inventory (initial) | $3K – $6K |
| Total fee load | 8.0% of rev |
What do units actually make?
Average unit sales run 31% below the health & fitness norm.
Source: FDD 2025 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for Tiger-Rock Martial Arts until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for royalty rate, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$300K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one Tiger-Rock Martial Arts unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for royalty rate, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for royalty rate, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
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: 2025 FDD
Financial Performance
- Avg gross sales
- $330K
- Per unit/yr · from the Item 19 franchised-cohort breakdown (no single system-wide average disclosed)
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 74 outlets
- vs category median 11 · large
- Range (low → high)
- $89K→$977KCited, not corroborated — printed on page 35 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Quartile band
- $149K→$540K
- Bottom 25% → top 25%
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 3 / 10
- vs category median 4 / 10 · below
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.
Unit economics
Average unit generates $330K/year in gross sales. Revenue-to-investment ratio: 1.1x.
Fee burden
Total ongoing fee load of 8.0% (near the Health & Fitness median).
Disclosure
Transparency score 3/10 — moderate disclosure depth. Average and range data are available but detailed cohort breakdowns may be limited.
Operator retention
System contracting at -4.0% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
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 medians
How Tiger-Rock Martial Arts Compares
Category median of published Health & Fitness brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 97
- Opened
- 1
- Last reporting year
- Closed
- 3
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 3.2%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (3-yr)
- -4.0%
- Net unit change over 3 years
- 3-yr CAGR
- -4.0%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Signed, not yet open
- 4
- 0.04 per open outlet · Item 20 Table 5
- Projected new
- 9
- Franchisor's next-year forecast
- Transfer rate
- 9.3%
- Owners selling to other franchisees
- Ceased ops
- 3.1%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 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.
Where the owners are · Item 20 owner list
91 current owners across 19 states.
- TX 24
- AL 13
- LA 12
- FL 9
- GA 5
- MS 5
- KS 4
- NC 3
- AZ 2
- CO 2
- NE 2
- SC 2
- +7 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 13
- Loan volume
- $6.0M
- Median loan
- $184K
- 50th percentile
- Charge-off rate
- Limited · 13 loans
- Limited SBA coverage: 13 loans, rate hidden until 10 have resolved and loans reach 2% of franchised units
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Limited · 13 loans
- 5-yr charge-off
- Limited · 13 loans
- Loans approved 2021+
- Active lenders
- 8
- Defaults
- 1
- Typical loan rate
- 7.3%
- avg rate to borrowers
- Franchised industry avg
- 12.5%
- n=804 loans
- Jobs supported
- 34
- 0.8 per loan
- Lender concentration
- 33%
- top lender's share
Borrower mix: 0% went to startups / new businesses, 100% to established operators
Franchise vs independent — in sports and recreation instruction, franchised businesses charge off at 12.5% vs 14.2% for independents — franchising is associated with 12% lower SBA default risk in this category.
Top lenders financing Tiger-Rock Martial Arts franchisees
Showing 3 of 8 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Tiger-Rock Martial Arts from SBA 7(a) FOIA data.
- Principal loss rate
- 0.1%
- Avg SBA guarantee
- 71%
- Avg interest rate
- 7.31%
- Avg chargeoff amount
- $4K
- Lender concentration
- 33.3%
- Job velocity
- 0.8 per $100K
- NAICS benchmark
- 3.1%
- NAICS 611620
- Jobs supported
- 34
Top SBA lendersTop lender holds 33% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | Gulf Coast Bank and Trust Company | 3 | $2.6M | 0.0% |
| 2 | U.S. Bank, National Association | 2 | $95K | 50.0% |
| 3 | Wells Fargo Bank National Association | 1 | $797K | 0.0% |
| 4 | Capital One, National Association | 1 | $184K | 0.0% |
| 5 | Busey Bank | 1 | $594K | N/A |
| 6 | Stellar Bank | 1 | $148K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| TXTexas | 5 | 0 | 0.0% |
| COColorado | 3 | 1 | 50.0% |
| LALouisiana | 1 | 0 | 0.0% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
97-unit martial arts franchisor with negative equity of -$178,396, a net loss of -$88,415, and declining units (net growth -4.0%). No litigation or bankruptcy, and financials are audited with Item 19 disclosed, but the stacked financial weakness plus unit decline is multiple concerns.
Litigation (Item 3)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Reese CPA LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Franchisor revenue is primarily "Certification revenue" ($1.32M in 2024) plus Franchise fees ($6,846 in 2024); does not include franchisee-level royalty collections which are separately structured as flat per-Member fees.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 45 / 100 verdict
- 01MINORNegative net worth -$178,396 and net loss -$88,415
- 02MINORNegative net growth -4.0% (unit contraction)
- 03MEDNo litigation/bankruptcy; audited; Item 19 disclosed
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Allowed renewalsℹ | 1 |
|---|---|
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 2.5 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 35 mi |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 60 days |
| Mandatory arbitration | Yes |
| Arbitration location | Olathe, Kansas |
| Jury trial waiver | Yes |
| Governing law | Kansas |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 99 hrs
- On-the-job training
- 44 hrs
- Ongoing training
- Required
- Site selection
- Designated third-party supplier (currently Locate Commercial Real Estate); franchisee selects site, franchisor reviews/approves
- Franchisor financing
- Not offered
- Item 10
- POS system
- Tiger-Rock App
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Tiger-Rock App
Item 20 · call current owners
Franchisee Contacts
91 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Tiger-Rock Martial Arts franchise?
The total investment to open a Tiger-Rock Martial Arts franchise ranges from $204K – $370K, with an initial franchise fee of $39K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Tiger-Rock Martial Arts franchise owners earn?
According to Item 19 of the Tiger-Rock Martial Arts FDD, the average gross sales per unit is $330K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns Tiger-Rock Martial Arts?
Tiger-Rock Martial Arts is franchised by Tiger-Rock MAI Systems, Inc.. Source: FDD Item 1, 2025 filing.
What is Item 19 in the Tiger-Rock Martial Arts 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 Tiger-Rock Martial Arts FDD and qualifies whose outlets they describe.
What is Tiger-Rock Martial Arts's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Tiger-Rock Martial Arts (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 Tiger-Rock Martial Arts franchise locations are there?
As of their most recent FDD filing, Tiger-Rock Martial Arts has 97 total units in the United States, including 95 franchised units and 2 company-owned units. 1 new units were opened in the latest reporting year.
Is Tiger-Rock Martial Arts a good franchise to buy?
FranchiseVerdict rates Tiger-Rock Martial Arts as a C-grade franchise with a verdict score of 45 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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
Are you the franchisor?
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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.