Upgrade Labs

How that compares in its industry

Brands in the same industry group — Fitness and Recreational Sports Centers — with at least 20 finished loans, meaning repaid or written off. 300 further brands were left out for having too few. The chart draws 12 of 41: the best and worst of the group, plus Upgrade Labs. The 29 in between are marked where they fall.

Not ranked. Upgrade Labs has too few finished loans of its own for a position to mean anything — one more outcome either way would move it several places. The brands below are shown so you can read the comparison yourself.
Upgrade Labs youUpgrade Labs0 of 2 loans charged off0.0%0/2
Club PilatesClub Pilates0 of 181 loans charged off0.0%0/181
Freedom Boat ClubFreedom Boat Club0 of 23 loans charged off0.0%0/23
Urban Air Trampoline ParkUrban Air Trampoline Park0 of 28 loans charged off0.0%0/28
Planet FitnessPlanet Fitness0 of 111 loans charged off0.0%0/111
Orange Theory FitnessOrange Theory Fitness5 of 326 loans charged off1.5%5/326

29 brands from 1.6% to 22.2% not shown

9round9round25 of 93 loans charged off26.9%25/93
SpengaSpenga8 of 27 loans charged off29.6%8/27
Redline AthleticsRedline Athletics8 of 27 loans charged off29.6%8/27
iLoveKickboxing.comiLoveKickboxing.com30 of 100 loans charged off30.0%30/100
UFC GymUFC Gym8 of 21 loans charged off38.1%8/21
GymguyzGymguyz12 of 21 loans charged off57.1%12/21

Charge-off rate across finished loans — repaid or written off — so a lower bar is better. Counts beside each bar are the evidence behind the percentage — a brand with 3 of 21 and one with 30 of 210 share a rate and not a level of certainty. Industry grouping is the SBA’s own classification (NAICS 7139), which is broader than a brand’s own speciality.

FDD data sourced from public state filings. We are not a franchise broker; we do not receive payment from franchisors and do not sell your information. Figures are read from the filing by a machine and link to the page they came from — check any of them against the source. Read the current disclosure document, and take advice from a franchise attorney, before you sign anything.