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Bodyrok

Bodyrok

The total investment to open a Bodyrok franchise ranges from $269,000 to $1.0M. The initial franchise fee is $40,000. Ongoing royalties are 5% plus a 1% advertising fee.

What is the Bodyrok franchise?

Bodyrok was founded in 2012 in San Francisco, California, by Jake Irion, Tina Irion, and Philip Palumbo. The concept uses reformer Pilates in high intensity group classes for health conscious consumers in affluent urban and suburban markets. Philip Palumbo brings franchising and operations experience from McDonald's and Dave's Hot Chicken. Jake Irion is CEO and co founder. The corporate headquarters is in Saint Louis, while the first studio opened in San Francisco and grew to five locations there. As of September 2025, Bodyrok had 28 confirmed locations. Reporting from July 2024 cited more than 40 locations across California, New York, New Jersey, Tennessee, Georgia, and Illinois. The global fitness and recreational sports centers market was valued at approximately $123.77 billion in 2024 and is projected to reach $180.44 billion by 2033, at a 4.06% compound annual growth rate. This analysis is independent and PeerSense is not affiliated with or compensated by Bodyrok or a related franchise sales organization.

Boutique fitness has become a durable, consumer loyal segment. The global fitness and recreational sports centers market was valued at $83,680 million in 2016 and was projected to reach $113,116 million by 2023, representing 4.4% compound annual growth from 2017 through 2023, before reaching $123.77 billion in 2024. Demand reflects greater health consciousness among millennials and Generation Z, clinical recognition of reformer Pilates for injury recovery, postural correction, and functional strength, and affluent consumers' willingness to pay for specialized fitness experiences. After the pandemic, boutique studios attracted returning members seeking small group classes, instructor expertise, and community. Reformer equipment creates a learning curve that can support retention and continued engagement. The industry remains fragmented compared with large format gym franchises, leaving opportunities for regional differentiation and first mover positioning. An aging population, sedentary lifestyle related health conditions, and employer wellness programs expand the potential customer base.

Bodyrok sits in the mid to premium range for boutique fitness investments. The initial franchise fee is $40,000, although some sources cite up to $45,000 depending on territory and timing. Total initial investment figures range from $228,750 to $869,000, with a more commonly cited range of $226,250 to $825,000. Differences are driven mainly by lease costs, construction, leasehold improvements, and studio size. The initial equipment and technology fee is $65,000 to $104,000. Construction and remodeling cost $40,000 to $200,000, while real property lease deposits and initial payments cost $12,000 to $120,000. POS systems, fixtures, and other fixed assets add $29,000 to $55,000. Pilates machine shipping costs $1,000 to $5,000, signage costs $2,000 to $7,000, professional fees cost $500 to $5,000, and insurance deposits and premiums cost $500 to $3,000. On site training and franchisor travel reimbursement add $3,000 to $6,000. Franchisee travel and living expenses during training add $2,000 to $21,000, and additional instructor training costs $5,000 to $9,000. Working capital is estimated at $10,000 to $15,000. Advertising or national brand fund contributions are 1% of gross revenue, though some sources cite as much as 3%, or more specifically 1.7%, producing a total ongoing fee burden of approximately 6% to 8% depending on the assessment.

Bodyrok operates instructor led group reformer Pilates studios. Revenue comes mainly from recurring memberships, with additional income from retail products, special events, and workshops. Daily work includes class scheduling, instructor management, member relationships, equipment maintenance, and local marketing. The class format allows one certified instructor to serve a full reformer studio. Instructor training is nationally accredited and includes 20 hours of in studio training over four days, with support before and after training. Initial franchisee training totals 102 hours, including 30 classroom hours and 72 hours of on the job training covering build out, workouts, marketing, and business development. New international franchisees train at corporate headquarters. Optional opening assistance lasts approximately four days and costs $3,000 plus travel and lodging. Additional training, seminars, or conferences may cost up to $750 per day, and annual system wide or regional meetings are mandatory. Pre launch support covers site selection, lease negotiation, and studio design. Ongoing support uses Mindbody's Marketing Suite for campaigns, member alerts, and performance tracking, with data on attendance, revenue trends, and member feedback. Territory exclusivity reflects affluent demographics. Multi unit opportunities are available domestically and internationally for candidates with sufficient capital and operating infrastructure.

Revenue may include memberships, retail products, special classes, events, and workshops. The brand has five locations in San Francisco, six in New York City, and locations in Chicago, while targeting affluent, health conscious consumers. The PeerSense Loan Activity Score is 44, rated Fair.

Bodyrok's franchising history moved from 6 franchised locations in 2 states, California and Montana, in the 2016 Franchise Disclosure Document to more than 40 locations across multiple states by July 2024. Broader estimates reported approximately 67 studios across California, New York, New Jersey, Tennessee, Georgia, and Illinois, representing net growth of more than 60 units from the 2016 baseline. The brand entered Georgia with studios in Roswell and Atlanta. Philip Palumbo's experience with McDonald's and Dave's Hot Chicken brings supply chain, training, and franchisee support experience that is uncommon for a boutique fitness brand of this size. Bodyrok's differentiation includes its proprietary reformer Pilates machine, nationally accredited instructor training, Mindbody technology for operations and marketing, and retention associated with the reformer format. International expansion is seeking master franchise candidates with capital and operating infrastructure in their home countries. Its focus on affluent, health conscious markets may reduce exposure to downturns because higher income consumers have historically shown more resilience in premium fitness spending.

The preferred candidate combines an interest in fitness and wellness with the financial and operating ability to build a community focused studio in an affluent market. Palumbo's background indicates that Bodyrok values management experience and systems driven execution rather than a fully passive owner. Multi unit opportunities are available in the United States and internationally. Recent Georgia expansion marks entry into the Southeast, while New York City has six locations and Chicago shows that several studios can operate in one major metropolitan area without significant cannibalization. Suitable markets generally have high median household incomes, a high concentration of women ages 28 to 55, dense residential and professional populations in walkable or accessible trade areas, and limited competing reformer studios. Opening requires site selection, lease negotiation, construction and build out that typically take several months depending on permitting, and completion of the 102 hour training program. The full pre opening process usually spans several months after signing. Resale prospects should be assessed in a growing, mid sized network with fewer comparable secondary market transactions than larger franchise systems.

Bodyrok combines a reformer Pilates studio concept, an experienced founding team, and access to a global fitness market projected to reach $180.44 billion by 2033. The network grew from 6 franchised units in 2 states in 2016 to a multi state presence in premium markets including San Francisco, New York City, and Chicago. Investment is cited at $226,250 to $869,000, with a $40,000 franchise fee and a 5% royalty. The PeerSense Loan Activity Score is 44, rated Fair, reflecting the brand's development stage and limited financial disclosure. PeerSense provides independent due diligence data covering SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools for evaluating Bodyrok against other boutique fitness concepts. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders and is not a lender.

Loan Activity Score

44/100

SBA Default Rate

0.0%

Active Lenders

1

Franchisees account for 34 of Bodyrok's 47 locations. Public SBA loan records show 1 lender made 1 loan to franchisees of Bodyrok. PeerSense calculates Bodyrok's score as 44 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.

Franchising since 2012 · 47 locations

Investment

$269,000 to $1.0M

Franchise Fee

$40,000

Total Units

47

34 franchised

Loan Activity Score
Low
44
SBA Lending
18
Lender Quality
3
Transparency
8
Reach
3
Momentum
12

Proprietary PeerSense metric

Fair
Capital Partners
1SBA lenders

Distinct lenders in public SBA records for Bodyrok

1

Total SBA loans

$150K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Bodyrok

Loan Activity Score Breakdown

New or niche (1 to 2 loans)

Limited Data
44out of 100
Fair
Market Momentum12/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety18/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence3/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency8/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint3/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 7.9% peer avg

SBA Loans

1

Total Volume

$0.1M

Active Lenders

1

States

1

vs. SBA Sector Average

+7.9%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Bodyrok based on SBA lending data

SBA Default Rate

0.0%

7.9% below peer avg

SBA Loan Volume

1 loans

Across 1 lender

Lender Diversity

1 lender

Avg 1.0 loans per lender

Investment Tier

Significant investment

$269,000 to $1,023,000 total

Bodyrok: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2025

2 approvals. The best year on record for Bodyrok.

Top SBA State

New York

1 SBA financed Bodyrok locations, the densest operator footprint.

Average Loan Size

$321K

Median $266K. Use as a sizing anchor when modeling your own Bodyrok unit.

Lender Concentration

60%

Concentrated

Share of Bodyrok approvals captured by the top 3 SBA lenders.

Bodyrok's SBA lending pipeline peaked in 2025 (2 approvals). The last five fiscal years account for 300% of cumulative volume ($1.3M approved). Operator density is highest in New York with 1 SBA financed locations. Average funded ticket sits at $321K, with the median at $266K. Lender mix is concentrated: the top three SBA lenders account for 60% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$215K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$2,785

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Bodyrok, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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1 FDD Available for Bodyrok

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Bodyrok

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman