Fitness Center Feasibility Study in the Orlando-Kissimmee-Sanford, FL Metro Area

Franchise flags on 69.4% of Orlando fitness loans

Franchise affiliation reaches 69.4% of fitness center loans in the Orlando area. The area logged 111 loans over FY2017 to FY2026 worth $64.2 million, 30 of 608 for the class, and fitness is fifth among 39 local classes, at a location quotient of 1.01x. The median loan of $368,000 is 1.42x what the asset class borrows at the national midpoint, and loans from the quartiles lie from $164,400 to $670,500.

What is left blank, and what is named

The 7(a) and 504 loan counts do not appear: Loan Analytics withholds them because they rest on very few loans or would let a thin figure be derived, and they are not zero. The Huntington National Bank is listed with 21 loans worth $5.8 million, Stearns Bank National Association with 7 worth $1.7 million, and three banks with 5 loans each, Fifth Third Bank ($5.5 million), Gulf Coast Bank and Trust Company ($2.9 million) and TowneBank ($1.5 million). The roster reflects holdings in SBA's files, nothing about lending policy.

Floor equals ceiling

Cancelled loans are 11.4% of FY2017 to FY2024 approvals granted, and the ceiling that includes loans left undisbursed is also 11.4%, so the figure is firm. The charge-off rate is left blank by Loan Analytics, and a blank is not zero. Orange County has 59 loans, Seminole 28, Lake 19 and Osceola 5, so Orange County alone holds more than half of the 111 loans. Yearly approved loans climbed from 7 loans in FY2017 to 18 in FY2025, and FY2026 shows 14 loans and $11.4 million.

Reading the franchise agreement as underwriting

Only project counties whose names appear on the 2023 metropolitan map are counted in this area. Because so many borrowers here bring a brand, the franchise agreement, the brand's disclosed unit sales and the fee schedule belong in the study alongside the local market. The study should test how well those disclosures fit the trade area, how many competing clubs sit within the drive radius, what the lease costs per member, and what equipment and fit-out cost against a loan near the median, and whether dues can service the debt before membership matures. With a middle half of loans from $164,400 to $670,500, the study should run its coverage test at both ends of that band as well as at the $368,000 median.