Formu-3 Weight Loss Center
The total investment to open a Formu-3 Weight Loss Center franchise ranges from $24,175 to $54,400. The initial franchise fee is $15,000.
What is the Formu-3 Weight Loss Center franchise?
Formu-3 Weight Loss Center is a business that helps people manage their weight. Estimated total initial investment is $24,175 to $54,400, and the initial franchise fee is $15,000.
The company is headquartered in Iowa, IA, and was founded in 1982.
Loan Activity Score
30/100
SBA Default Rate
50.0%
Active Lenders
8
According to its Franchise Disclosure Document or public business records, Formu-3 Weight Loss Center has 4 locations, all owned by franchisees. Public SBA loan records show 8 lenders made 8 loans to franchisees of Formu-3 Weight Loss Center. PeerSense calculates Formu-3 Weight Loss Center's score as 30 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1982 · 4 locations
$24,175 to $54,400
$15,000
4
4 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Formu-3 Weight Loss Center
8
Total SBA loans
$39K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Formu-3 Weight Loss Center
Loan Activity Score Breakdown
Emerging (3 to 9 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
50.0%
vs 7.9% peer avg
SBA Loans
8
Total Volume
$0.3M
Active Lenders
8
1 selective
States
6
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Formu-3 Weight Loss Center based on SBA lending data
SBA Default Rate
50.0%
42.1% above peer avg
SBA Loan Volume
8 loans
Across 8 lenders
Lender Diversity
8 lenders
Avg 1.0 loans per lender
Investment Tier
Low cost entry
$24,175 to $54,400 total
Formu-3 Weight Loss Center: 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
1994
3 approvals. The best year on record for Formu-3 Weight Loss Center.
Top SBA State
Michigan
2 SBA financed Formu-3 Weight Loss Center locations, the densest operator footprint.
Average Loan Size
$39K
Median $34K. Use as a sizing anchor when modeling your own Formu-3 Weight Loss Center unit.
Lender Concentration
37.5%
Moderately Spread
Share of Formu-3 Weight Loss Center approvals captured by the top 3 SBA lenders.
Formu-3 Weight Loss Center's SBA lending pipeline peaked in 1994 (3 approvals). Operator density is highest in Michigan with 2 SBA financed locations. Average funded ticket sits at $39K, with the median at $34K. Lender mix is moderately spread: the top three SBA lenders account for 37.5% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$250
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
Formu-3 Weight Loss Center, unit breakdown
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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