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UPGRADE LABS

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.

5locations
$881K–$1561K
Since 2021
ServicesFort Myers, FLUpgrade Labs Holdings, Inc.www.upgradelabs.comDisclaimer

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Franchise Costs

Franchise Fee
$65,000
Initial Investment
$880,500 – $1,560,500
Royalty Rate
7.50%
Brand Fund
2.00%
Fixed Monthly Fees
$250

7.5% royalty (min $2,500/mo) + 2% brand fund (min $1,500/mo) + up to $250/mo mystery shopper fee

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

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How UPGRADE LABS Compares

Key Insights

  • Higher investment than 82% of Health & Wellness Centers franchises
FranchiseInvestmentFeeRoyaltyLocations
UPGRADE LABS
Current
$881K – $1.6M$65K7.5%5
Club Pilates$385K – $839K$65K8.0%1,029
GOLD'S GYM$1.8M – $4.5M$40K5.0%159
OSTEOSTRONG$276K – $616K$35K7.0%153
HEALTHSOURCE CHIROPRACTIC$421K – $618K$60K7.0%132
HEALTHSOURCE CHIROPRACTIC$310K – $535K$60K7.0%130
Health & Wellness Centers Average
17 franchises
$619K – $1.3M$65K7.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 17 Health & Wellness Centers franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1FL
1
2ID
1
3TX
1
4UT
1
5WA
1

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SBA Loan History


Historical SBA 7(a) loan data for UPGRADE LABS franchisees (20232025)

Total Loans
4
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.

4 SBA loans on record

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Franchisee Contacts

11 franchisee contacts on file from official FDD filings.

11 Contacts Available

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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
0
Non-Renewals
1
Reacquired
0
Ceased Ops
1
Transfers
0
Sold to Franchisees
N/A
Projected New
4

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Frequently Asked Questions

The total initial investment to open a UPGRADE LABS franchise ranges from $880,500 to $1,560,500. This includes a franchise fee of $65,000. Ongoing royalty fees are 7.5% of gross sales.