Walk-On’s Sports Bistreaux vs FITZONE STUDIOS

Compare FDD disclosures, investment range, royalty and ad fund burden, SBA lending outcomes, Item 20-style unit movement, Item 19 transparency, and data-confidence caveats with a permanent shareable URL.

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Walk-On’s Sports Bistreaux
Fitness
Investment
$1.6M to $7.0M
Franchise fee
$60,000
Item 19 status
Limited Data
Confidence
High Confidence
Units
74
FITZONE STUDIOS
Fitness
Investment
$214K to $401K
Franchise fee
$35,000
Item 19 status
No Item 19
Confidence
Low Confidence
Units
N/A
Lower entry cost
Leans right
Based on disclosed minimum initial investment only; buyer cash needs may be higher after working capital, lease, and financing assumptions.
Better disclosed economics
Walk-On’s Sports Bistreaux
Uses the same Item 19 transparency hierarchy shown on franchise pages and rankings.
Lower SBA default risk
Even
Treat low-loan brands carefully; sample size and SBA borrower mix matter.
MetricWalk-On’s Sports BistreauxFITZONE STUDIOS
Franchise Fee
From disclosed FDD fee data when available; excludes buyer-specific legal, diligence, and financing costs.
$60,000$35,000
Min Investment
Lower bound of disclosed initial investment range, not a recommended capital budget.
$1.6M$214K
Max Investment
Upper end of FDD range; still reconcile to site, lease, buildout, and working-capital assumptions.
$7.0M$401K
Royalty Rate
Ongoing royalty burden before local store economics and owner salary.
5.0%N/A
Ad Fund Rate
National/brand fund rate when disclosed; local marketing may be additive.
3.0%N/A
Total Ongoing Burden
Royalty plus ad fund when available.
8.0%N/A
Median Revenue (Item 19)
Only meaningful when the franchisor provides an Item 19 financial-performance representation.
N/AN/A
Cash-on-Cash Return
Estimated when revenue and margin assumptions are available.
N/AN/A
Payback Period
N/AN/A
Revenue per Dollar Invested
N/AN/A
Franchised Units
Latest disclosed franchised-unit count in the corpus.
74N/A
1-Year Net Unit Change
Item 20-style system movement signal; investigate transfers, closures, and refranchising before assuming organic growth.
N/A12
Net Unit Growth Rate
N/AN/A
Net Closure Rate
Net closure proxy based on disclosed unit change.
N/AN/A
SBA Default Rate
Historical SBA performance for matched loans, not a prediction for a new buyer or location.
N/AN/A
SBA Loan Count
Use this to judge whether SBA default data is statistically meaningful.
N/AN/A
Average SBA Loan Size
N/AN/A
Item 19 Status
Canonical transparency badge used across franchise, ranking, and compare surfaces.
Limited DataNo Item 19
Has Item 19
✓ YesNo
Data Confidence
Derived from the same data-quality thresholds used on franchise pages.
High Confidence · 85/100Low Confidence · 45/100

What stands out

  • Walk-On’s Sports Bistreaux discloses an initial investment range of $1.6M to $7.0M, while FITZONE STUDIOS discloses $214K to $401K. Treat these as FDD ranges, not a full purchase budget.
  • Walk-On’s Sports Bistreaux shows an Item 19 financial-performance disclosure; FITZONE STUDIOS shows no Item 19 financial-performance disclosure. Missing Item 19 data should narrow confidence, not automatically kill a brand.
  • Walk-On’s Sports Bistreaux has 74 franchised units versus N/A for FITZONE STUDIOS; use one-year net unit movement and closure proxies as early diligence signals, not final underwriting.

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Last updated: May 2026