FranchiseVerdict
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FV-03011·MODERATEExcellent86

XP League

Education - Children's ProgramsFranchising since 2020Website
Investment
$83K – $332K
36th pct Children's Pr…
Avg revenue
69th pct Children's Pr…
Royalty
Units
43
70th pct Children's Pr…
SBA default

Bottom line

  • Total investment $83K – $332K including a $35K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100.
  • System growing at 78.3% CAGR over 3 years with 43 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
XP League Franchise, LLC
Parent company
Unleashed Brands, LLC
Incorporated in
Delaware
HQ
2350 Airport Freeway, Suite 505, Bedford, Texas 76022
Auditor
Deloitte & Touche LLP
Audited financials
Franchisor revenue
$132.0M
vs $151.5M 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 XP League 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: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $83K–$332K
Working capital
$
FDD reports $5K–$30K

Unlevered ROIC · per unit

40%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$90K
EBITDA margin
12.0%
Total invested
$225K
Payback
30 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

XP League franchisees operate experiential recreation/sports facilities or programs that deliver interactive entertainment and athletic experiences to members. Day-to-day operations likely include facility management, member enrollment, program scheduling, coaching/instruction, and maintaining equipment and venue standards.

CEO
Michael Browning, Jr.
Founded
2022
FDD year
2024
States available
19

Item 7 · what it costs

The Vitals

Total investment
$83K – $332K
All-in to open one unit
Liquid capital
$5K – $30K
Cash you must have on hand
Franchise fee
$35K
Royalty
greater of the Minimum Royalty Fee ($500 per month) or 8%…
Ad fund
5.0%
typical 3–5%
Total fee load
13.0%
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
43
Opened
17
Last reporting year
Closed
1
Turnover rate
2.3%
Company-owned
2
Corporate units in the system
% franchised
95%
vs corporate-owned
Net growth (yr3)
+64.0%
Net unit change last year
3-yr CAGR
+78.3%
Compounded over last 3 years
2022
41+16
Franchised units
2023
25
Franchised units
2024
23
Franchised units

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

Item 20 · 7 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 · 7 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

62
Risk · 0-100
MODERATE62 / 100

XP League presents moderate-to-high risk due to undisclosed unit economics, aggressive growth potentially masking franchisee viability concerns, multi-brand litigation exposure, and heavy royalty structures that could undermine profitability.

Score breakdown · what drove the 62 / 100 rating

  1. 01MEDNo Item 19 financial performance representation (average revenue and net income not disclosed) prevents ROI validation against $82,650-$332,000 investment range
  2. 02MINORRapid unit growth (64% YoY) suggests either strong demand or aggressive recruitment masking underlying franchisee challenges
  3. 03HIGHMultiple active litigations involving franchisor's related brands indicate systemic legal/operational issues across portfolio
  4. 04MINORHigh royalty burden (greater of $500/month minimum or 8%) creates cash flow pressure, especially problematic if Item 19 unavailability signals weak unit economics
  5. 05MED$35,000 franchise fee plus $82,650-$332,000 startup investment requires substantial capital with no disclosed break-even timeline
  6. 06MINORLack of transparency on average unit volumes raises questions about franchisee profitability and sustainability of rapid growth

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
4
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
34 hrs
On-the-job training
0 hrs

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

50 numbers

Locked
(209) 617-••••
MI
(561) 903-••••
CO
(615) 300-••••
IL

One-time purchase · CSV download · Validation questions included

FDD download

XP League · FDD (2024) PDF

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