| BFT | Club Pilates | |
| Disclosure honesty | B | C |
| Investment from | $509,836 | $385,048 |
| Total fees | 9% | 10% |
| Outlets | 49 | 1,029 |
| Lawsuits | 8 | 13 |
29 qualified studios (2024): avg gross revenue $360,918 (median $329,200, range $167,120-$746,418); avg 169 monthly active members; avg 18 new memberships monthly. Revenue mix: 92% memberships, 4% services, 1% fees, 3% products. 45% met/exceeded average revenue.
Discloses gross revenue, active members, and new memberships by quartile for 849 qualified studios (avg ~$984K) and new studio ramp data. No net income, expenses, or owner profit disclosed; cherry-picks mature studios only.
Full net-profit math, financing, red flags. See a sample →