FranchiseVerdict
Tumbles logo
FV-02811·MODERATEExcellent91

Tumbles

OtherFranchising since 2016Website
Investment
$243K – $603K
69th pct Other
Avg revenue
$296K
11th pct Other
Royalty
8.0%
49th pct Other
Units
6
30th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $243K – $603K including a $54K franchise fee, 8.0% ongoing royalty.
  • Average unit revenue of $296K/year (median $199K).
  • Rated MODERATE with a risk score of 65/100. 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
Tumbles LLC
Incorporated in
Delaware
HQ
1302 Waugh Drive, Suite 192, Houston, Texas 77019
Auditor
Shilpa Kikani, CPA
Audited financials
Franchisor revenue
$391K
vs $355K 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 Tumbles unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $295,727
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $243K–$603K
Working capital
$
FDD reports $27K–$50K

Unlevered ROIC · per unit

9%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$41K
EBITDA margin
14.0%
Total invested
$461K
Payback
134 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Tumbles units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$414K

on $2.1M purchase

Total debt

$1.7M

SBA $1.0M + senior + seller note

Overview

About

Tumbles appears to be a children's gymnastics, tumbling, or movement-based facility where franchisees operate a brick-and-mortar location offering classes, coaching, and instruction to youth members. Day-to-day operations include managing instructors, scheduling classes, facility maintenance, member enrollment and retention, and community marketing.

CEO
Manish Vakil
Founded
2014
FDD year
2025
States available
6

Item 7 · what it costs

The Vitals

Total investment
$243K – $603K
All-in to open one unit
Liquid capital
$27K – $50K
Cash you must have on hand
Franchise fee
$54K
Royalty
8.0%
Percentage of Gross Sales with a monthly minimum · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$296K
Per unit, per year
Median gross sales
$199K
Item 19 type
Historical
Sample size
5 units
vs category median 20 · small
Range (low → high)
$132K$712K
Cohort dispersion
Transparency
5 / 5
vs category median 3 / 5 · above
Revenue rank11th
vs Other peers
Investment cost rank69th
Lower investment ranks lower (better)
Royalty rate rank49th
Lower royalty = lower percentile (better)
Unit count rank30th
vs Other peers
Risk score rank64th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
6
Opened
1
Last reporting year
Closed
1
Turnover rate
16.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
6±0
Franchised units
2024
6
Franchised units
2025
6
Franchised units

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

Item 20 · 10 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 · 10 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

65
Risk · 0-100
MODERATE65 / 100

Extremely small, opaque franchise system with undisclosed profitability, high royalty burden, and unclear growth trajectory presents substantial financial risk for franchisees.

Score breakdown · what drove the 65 / 100 rating

  1. 01MEDOnly 6 units system-wide indicates extremely limited scale and network support; virtually no franchisee community for peer learning
  2. 02MEDNet income not disclosed in Item 19 despite average revenue of $295,727 — impossible to validate actual profitability or ROI on $242.5k-$603k investment
  3. 03MINORHigh investment range ($360.5k spread) with no corresponding unit performance data suggests inconsistent site economics or unclear cost drivers
  4. 04MINORMinimum royalty of $1,500/month ($18k annually) represents 6.1% of average revenue even before 8% gross sales royalty kicks in — double royalty burden creates breakeven risk
  5. 05MINOR24-month grace period on royalties suggests franchisees may struggle with cash flow in early years, indicating business model weakness
  6. 06MINORUnknown unit growth trajectory with only 6 locations raises questions about system viability, franchisor commitment, and whether brand is contracting

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
ZIP codes, radius, or other boundaries
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Granted
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
Optional
Governing law
Texas

Item 11

Training & Operations

Classroom training
12 hrs
On-the-job training
57 hrs
POS system
Operations Management System (OMS)
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

16 numbers

Locked
(410) 576-••••
MD
(503) 378-••••
OR
(517) 373-••••
MI

One-time purchase · CSV download · Validation questions included

FDD download

Tumbles · FDD (2025) PDF

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