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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
7.5% royalty (greater of 7.5% or $2,500 monthly min) + 2% brand fund + up to $250/mo mystery shopper
Franchise Stats
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 to Other Health & Wellness Centers Franchises
Key Insights
- Higher investment than 79% of Health & Wellness Centers franchises
| Franchise | Investment Range | Franchise 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
SBA Loan History
Historical SBA 7(a) loan data for UPGRADE LABS franchisees (2023 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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11 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
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
Frequently Asked Questions
How much does it cost to open a UPGRADE LABS franchise?
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.
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.
Interested in UPGRADE LABS?
Talk to a franchise advisor to get personalized guidance and learn if UPGRADE LABS is the right fit for you.
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