FRED ASTAIRE DANCE STUDIOS (AREA REPRESENTATIVE)

FRED ASTAIRE DANCE STUDIOS (AREA REPRESENTATIVE)

FADS USA, Inc. offers area representative franchises for the Fred Astaire Dance Studios brand, enabling operators to recruit and screen prospective franchisees for dance studios and provide support services such as training, site selection assistance, and compliance monitoring to studios within a defined territory. Area representatives must open and operate at least one pilot dance studio as a prototype and training facility. The underlying studios deliver dance and dance fitness classes targeting adults aged 18 to 75 using the proprietary FADS System.

35
Locations
$216K–$1638K
Investment
Since 1963
Franchising
ServicesEnfield, CTFADS Holding, LLCwww.fredastaire.comDisclaimer

Franchise Costs


Franchise Fee
$35,000
Item 5 of FDD
Initial Investment Range
$216,300 $1,637,550
Low: $216,300High: $1,637,550
Item 7 of FDD
Royalty Rate
0.00%
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$100 – $250
Item 6 of FDD

Up to 2% advertising fee on Royalty Compensation + $100/mo technology fee (up to $250/mo) + 2% local marketing spend requirement on Royalty Compensation

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How FRED ASTAIRE DANCE STUDIOS (AREA REPRESENTATIVE) Compares


Key Insights

  • Lower than average SBA loan default rate in Specialized Fitness
FranchiseInvestmentFeeRoyaltyLocations
FRED ASTAIRE DANCE STUDIOS (AREA REPRESENTATIVE)
Current
$216K – $1.6M$35K0.0%35
JAZZERCISE$2K – $3K$1K20.0%5,251
F45 Training$294K – $719K$60K7.0%789
Stretch Lab$269K – $610K$65K8.0%485
Stretch Zone$139K – $320K$60K7.0%377
BRITISH SWIM SCHOOL$122K – $168K$60K10.0%258
Specialized Fitness Average
35 franchises
$316K – $642K$51K7.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 35 Specialized Fitness franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1MD
3
2CA
3
3TN
2
4TX
2
5VA
2
6NC
2
7FL
2
8PA
2
9ME
1
10MI
1
11NJ
1
12NV
1
13NY
1
14OR
1
15RI
1

+10 more states

SBA Loan History


Historical SBA 7(a) loan data for FRED ASTAIRE DANCE STUDIOS (AREA REPRESENTATIVE) franchisees (20132025)

Total Loans
41
Average Loan
$328,188
Total Volume
$13.5M
Default Rate
4.9%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
4
Sold to Franchisees
0
Projected New
2

Frequently Asked Questions


The total initial investment to open a FRED ASTAIRE DANCE STUDIOS (AREA REPRESENTATIVE) franchise ranges from $216,300 to $1,637,550. This includes a franchise fee of $35,000. Ongoing royalty fees are 0.0% of gross sales.

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