My Gym, by the numbers
Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.
9
Deals since 2020
$209K
Typical deal
5
Deals since FY2025
—
Too few deals to score risk
What buyers pay for My Gym
Most My Gym deals financed between $200K and $230K. Above $230K, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $3,093
- Down payment (10%)
- $23K
- Cash to close (all-in)
- $31K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$31K)
Experience
Recent financings
- Starlight Family Ventures LLC in Tampa, FL — $351K (2026) · DFCU Financial
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $263K (75%)
- Approved
- 3/6/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by DFCU Financial · Lender record →
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- Plumeria Fitness LLC in Lakeville, MN — $249K (2026) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $187K (75%)
- Approved
- 1/29/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Sports and Recreation Instruction
Funded by The Huntington National Bank · Lender record →
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- Plumeria Fitness LLC in Lakeville, MN — $25K (2026) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.05% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $13K (50%)
- Approved
- 1/29/2026
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by The Huntington National Bank · Lender record →
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- Lindsay Giannone LLC in Manalapan, NJ — $230K (2025) · purchase · ConnectOne Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $173K (75%)
- Approval → funding
- 26 days
- Approved
- 4/10/2025
- First disbursed
- 5/6/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $256K
- Est. down payment (10%)
- $26K
- Est. cash at closing
- $34K
- Monthly payment
- $3,008
- Annual debt service
- $36K
- Cash flow needed (1.25×)
- $45K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by ConnectOne Bank · Lender record →
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- My Gym Sarasota in Sarasota, FL — $183K (2025) · First Bank of the Lake
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 123 months
- SBA guaranteed
- $137K (75%)
- Approval → funding
- 32 days
- Approved
- 10/11/2024
- First disbursed
- 11/12/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by First Bank of the Lake · Lender record →
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- The Bretz Family LLC in Allen, TX — $209K (2024) · Wells Fargo Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $157K (75%)
- Approval → funding
- 33 days
- Approved
- 10/13/2023
- First disbursed
- 11/15/2023
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Wells Fargo Bank National Association · Lender record →
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- ML Gym INC in Boynton Beach, FL — $200K (2023) · Paradise Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 2.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (75%)
- Approved
- 11/16/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- All Other Personal Services
Funded by Paradise Bank · Lender record →
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- CARTER4FUN LLC in Westfield, IN — $204K (2022) · Purdue Federal Credit Union
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 126 months
- SBA guaranteed
- $153K (75%)
- Approval → funding
- 195 days
- Approved
- 11/17/2021
- First disbursed
- 5/31/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Existing or more than 2 years old
- Industry
- Civic and Social Organizations
Funded by Purdue Federal Credit Union · Lender record →
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- DC COTTEN FAMILY, LLC in Mckinney, TX — $215K (2020) · Bank OZK
- Program
- Preferred Lenders Program
- Rate at approval
- 6.5% variable
- Term
- 129 months
- SBA guaranteed
- $161K (75%)
- Approved
- 2/12/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Sports and Recreation Instruction
Funded by Bank OZK · Lender record →
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Who funds My Gym — and where
Every dot is a financed My Gym — 8 mapped.
Financed My Gym locations — list all 8 as text
- ML Gym INC — Boynton Beach · $200K · FY2023 · All Other Personal Services
- Plumeria Fitness LLC — Lakeville · $25K · FY2026 · Fitness and Recreational Sports Centers
- Plumeria Fitness LLC — Lakeville · $249K · FY2026 · Sports and Recreation Instruction
- Starlight Family Ventures LLC — Tampa · $351K · FY2026 · Fitness and Recreational Sports Centers
- My Gym Sarasota — Sarasota · $183K · FY2025 · Fitness and Recreational Sports Centers
- The Bretz Family LLC — Allen · $209K · FY2024 · Fitness and Recreational Sports Centers
- DC COTTEN FAMILY, LLC — Mckinney · $215K · FY2020 · Sports and Recreation Instruction
- CARTER4FUN LLC — Westfield · $204K · FY2022 · Civic and Social Organizations
Top lenders for this brand
Most active states
- 1.Florida (3 loans)
- 2.Minnesota (2 loans)
- 3.Texas (2 loans)
- 4.New Jersey (1 loans)
- 5.Indiana (1 loans)
Represent My Gym?
Claim this brand page free to keep the numbers in context, add your story, and hear about qualified buyers early.
Common questions
How much does a My Gym cost to buy or open?
The typical deal for My Gym is $209K across 9 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $23K of buyer cash on a typical deal.
How risky is My Gym?
My Gym has 9 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.
Can I finance a My Gym with an SBA loan?
Yes — My Gym has been SBA-financed 5 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.
Buying a My Gym franchise
Most My Gym buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical My Gym deal financed for $209K, which points to about $23K of buyer cash on a typical purchase. Confirm My Gym's current SBA Franchise Directory listing with your lender before the LOI. See the lenders that already fund My Gym — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.
AI summary
This profile summarizes public SBA financing activity for My Gym — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.
Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.
Agent summary
This page summarizes public SBA 7(a) financing for My Gym — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. My Gym is not currently confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 9 SBA 7(a) deals since 2020
- $209K typical deal
- 5 deals since FY2025
- Too few deals to score a reliable failure rate
- Top lenders: The Huntington National Bank, Paradise Bank, DFCU Financial
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.
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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with My Gym.