FranchiseVerdict
True Movement logo
FV-02800·MODERATEStandard76

True Movement

Health & FitnessFranchising since 2025Website
Investment
$338K – $1.1M
60th pct Health & Fitn…
Avg revenue
58th pct Health & Fitn…
Royalty
Units
0
0th pct Health & Fitn…
SBA default

Bottom line

  • Total investment $338K – $1.1M including a $50K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • Auditor disclosed a going-concern note — 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
True Movement Franchising Inc.
Parent company
True Movement U.S. Inc.
Incorporated in
Delaware
HQ
11204 178 St., NW Edmonton, Alberta, Canada T5S 1P2
Auditor
Chiampou Travis Besaw & Kershner LLP
Audited financials
Franchisor revenue
$0
Most recent fiscal year
⚠ Going-concern note
Disclosed in FDD 2026
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 True Movement 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: fitness
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $338K–$1.1M
Working capital
$
FDD reports $25K–$75K

Unlevered ROIC · per unit

30%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$225K
EBITDA margin
30.0%
Total invested
$746K
Payback
40 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

True Movement franchisees operate fitness/movement studios or personal training facilities focused on movement-based wellness. Day-to-day operations include client intake and training, facility management, staff scheduling, membership administration, and marketing to retain and acquire members in their protected territory.

CEO
Erin Baker
Founded
2025
FDD year
2026
States available
0

Item 7 · what it costs

The Vitals

Total investment
$338K – $1.1M
All-in to open one unit
Liquid capital
$25K – $75K
Cash you must have on hand
Franchise fee
$50K
Royalty
Seven percent (7%) of Gross Revenue
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
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
0
Opened
0
Last reporting year
Closed
0
Company-owned
0
Corporate units in the system
2024
0±0
Franchised units
2025
0
Franchised units
2026
0
Franchised units

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

Item 20 · 20 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
Available · 20 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.

No SBA loan data available for this brand.

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

Risk & Legal

65
Risk · 0-100
MODERATE65 / 100

True Movement presents meaningful investment risk due to undisclosed unit count, absent financial performance metrics, recent litigation settlement, and high capital requirements without transparent ROI data.

Score breakdown · what drove the 65 / 100 rating

  1. 01MEDZero disclosed units with unknown growth trajectory raises questions about system viability and franchisee recruitment success
  2. 02MEDNo average revenue or net income disclosed (no Item 19 equivalent) prevents accurate ROI assessment on $337,550–$1,055,250 investment
  3. 03HIGHRecent litigation (Sept 2023–2025) involving misrepresentation and breach of contract claims suggests franchisor-franchisee relationship tensions
  4. 04MINORSettlement required franchisor affiliate to pay $40,000 CAD, indicating potential culpability in dispute despite confidentiality clause
  5. 05MEDHigh initial investment range ($337,550–$1,055,250) with 7% royalty creates significant breakeven pressure without disclosed performance data
  6. 06MED5-year term is relatively short; limited disclosed renewal or franchisee retention data

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
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
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
Optional
Governing law
Delaware

Item 11

Training & Operations

Classroom training
90 hrs
On-the-job training
35 hrs
POS system
Walla
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

24 numbers

Locked
(804) 371-••••
VA
(916) 327-••••
CA
(212) 416-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

True Movement · FDD (2026) PDF

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