FS8 franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.30 ↗

Franchise fees and ongoing costs

Franchise fee

$10,000 to $60,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

7% · 7% of Gross Sales, paid monthly on the 15th based on prior month's Gross Sales

Marketing contribution

2% (basis not captured; see original filing)

Technology fee

$500 per month (Technology Service Fee)

Other fees

Marketing Fee $2,500/month; Merchandise for Resale $1,500 every 3 months; Non-Compliance Fee up to $2,000 per violation

Working capital (FDD Item 7)

$60,000 to $100,000, covering payroll (largest component), bank charges, cleaning, conference fees, courier, utilities, vehicle expenses, recruiting, security, Studio amenities, and telecom; excludes rent/mortgage

Fees sourceFDD p.21 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.30 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average and median annual and monthly Gross Sales

Reporting period

12 months ended February 28, 2026 (March 1, 2025 - February 28, 2026)

Sample

7 of 39 franchised Studios in the US that had been open and operating at least 12 months as of February 28, 2026

Reported average

$388,541

Reported median

$388,541

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.67 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

5

Year-end outlets

29

Net change

+24

Derivation

ending minus starting outlets

Openings

25

Terminations

0

Non-renewals

0

Other closures

0

Reacquisitions

0

Transfers

0

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.70 ↗

SBA loan history

Loan activity

11 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$634,400

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

11 loans

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

0 / 0

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does FS8 franchise cost?

standard Studio: $349,300 to $840,700 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $10,000 to $60,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.30 ↗

Franchise fee sourceFDD · page not captured ↗

How much do FS8 owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median annual and monthly Gross Sales. Sample: 7 of 39 franchised Studios in the US that had been open and operating at least 12 months as of February 28, 2026. Period: 12 months ended February 28, 2026 (March 1, 2025 - February 28, 2026).

Item 19 performance sourceFDD p.67 ↗

What's the SBA charge-off rate for FS8?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 0 / 0. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $634,400; window: FY2023-FY2026 YTD through 2026-06-30; sample: 11 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗