How many UPGRADE LABS franchise locations are there?

As of the 2025 FDD, UPGRADE LABS has 5 franchise locations. The company has been franchising since 2021.

Can you get an SBA loan for a UPGRADE LABS franchise?

Yes, SBA loans are available for UPGRADE LABS franchises. Historical data shows 4 SBA 7(a) loans have been approved for UPGRADE LABS franchisees, with an average loan amount of $556,200. The historical default rate is 0.0%.

Is UPGRADE LABS a good franchise to buy?

UPGRADE LABS shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

UPGRADE LABS

Upgrade Labs franchises provide non-invasive biohacking treatments and technologies, such as adaptive cardio, neurofeedback, pulsed electromagnetic field therapy, and other services designed to enhance clients' bodies, minds, and spirits in a spa-like setting. Franchisees independently own and operate Upgrade Labs Centers using the proprietary Upgrade Labs brand, system standards, and approved products/services, with clients purchasing one-time visits or multi-visit packages. The business targets health-conscious individuals seeking advanced wellness, recovery, and fitness solutions in high-traffic retail locations.

Locations

$752K–$1526K

Investment

Since 2021

Franchising

ServicesFort Myers, FLUpgrade Labs Holdings, Inc.www.upgradelabs.comDisclaimer

Franchise Costs

Franchise Fee

$65,000

Item 5 of FDD

Initial Investment Range

$751,500 – $1,525,500

Low: $751,500High: $1,525,500

Item 7 of FDD

Royalty Rate

7.50%

of gross sales

Brand Fund

2.00%

Item 6 of FDD

Fixed Monthly Fees

$250

Item 6 of FDD

7.5% royalty (greater of 7.5% or $2,500 monthly min) + 2% brand fund + up to $250/mo mystery shopper

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 UPGRADE LABS Compares

Key Insights

Higher investment than 79% of Health & Wellness Centers franchises

Franchise	Investment	Fee	Royalty	Locations
UPGRADE LABS Current	$752K – $1.5M	$65K	7.5%	5
Club Pilates	$385K – $839K	$65K	8.0%	1,029
GOLD'S GYM	$1.8M – $4.5M	$40K	5.0%	159
OSTEOSTRONG	$276K – $616K	$35K	7.0%	153
HEALTHSOURCE CHIROPRACTIC	$421K – $618K	$60K	7.0%	132
HEALTHSOURCE CHIROPRACTIC	$310K – $535K	$60K	7.0%	130
Health & Wellness Centers Average 14 franchises	$640K – $1.3M	$63K	7.0%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 Health & Wellness Centers 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

1UT

2ID

3TX

4WA

5CA

SBA Loan History

Historical SBA 7(a) loan data for UPGRADE LABS franchisees (2023 – 2025)

Total Loans

Average Loan

$556,200

Total Volume

$2.2M

Default Rate

0.0%

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.

Franchisee Contacts

11 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

11 Contacts Available

Unlock all UPGRADE LABS franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Affiliate Upgrade Labs, Inc. filed Chapter 11 on August 24, 2020, discharged November 24, 2020.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a UPGRADE LABS franchise ranges from $751,500 to $1,525,500. This includes a franchise fee of $65,000. Ongoing royalty fees are 7.5% of gross sales.