3,068 brands with an FDD on file · 18 categories
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How we count: 4,193 brands published — 3,068 with an FDD on file (these carry a grade) and 1,125 with SBA lending data only (no grade). 3,020 distinct FDD filings; 143,527 SBA loan records. Counts as of 2026-10-23.
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Ownership structure
FragmentedMixedConsolidatedFragmented: under 10% of owners hold more than one unit. Mixed: 10-30%. Consolidated: over 30%, so large operators already hold much of the system.
Brand results
Crunch
Planet Fitness
Orangetheory Fitness
The Little Gym
Yoga Six
Rumble
Basecamp Fitness
Workout Anytime
The Gravity Vault
Anytime Fitness
Retrofitness
BFT
Bünda
Fitness 19
Discover Strength
Gold’s Gym
Vaura (Athletic Reformer Pilates)
TA Tracy Anderson
Body Alive Studio
Cheer Athletics
Yoga Joint
The Hot Room
Hydrogen Fitness
Title Boxing Club
The letter is the verdict grade, A (strongest tier) to F (weakest tier): an editorial assessment from public filings, not investment advice. The strip beside it is the A to F scale from low to high, each grade as wide as its score range, with a tick at the brand's verdict score (0 to 100, higher is better). Avg gross sales is the figure each FDD's Item 19 reports; the basis varies by brand (gross sales, net sales or another metric), and gross sales are not profit. SBA 7(a) charge-off is the share of resolved SBA loans that were charged off; lower is better. The year is the FDD the figures come from; an older filing may be out of date. A chip under the figure qualifies it: Outlet subset (reported for some outlets, not the whole system), Combined outlet types, Company-owned only, Incl. company outlets, Partial period (not a full year), or Per franchisee, not per outlet. Limited data means fewer than 42 of the fields we track are filled for that brand.