Buying a 9Round franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 7 7(a) loans to buy an existing 9Round (classified mostly as Fitness and Recreational Sports Centers), totaling $1.1M. The median loan was $184,000, 71% lower than the $645,250 median for all SBA-financed acquisitions.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of 9Round resale loans landed between $122,500 and $200,750.
- Lender experience exists. Stearns Bank National Association alone has financed 2 9Round resales.
- Guaranty. The SBA guaranteed 76% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing a 9Round resale
The median SBA 7(a) loan for a 9Round resale was $184,000 across 7 loans (FY2018 to FY2026). Stearns Bank National Association, The Fidelity Bank and PeopleFund have financed the most 9Round resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
9Round acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $234K | $117,000 | |
| FY2019 | 2 | $310K | $155,000 | |
| FY2020 | 2 | $355K | $177,500 | |
| FY2021 | 1 | $202K | $201,500 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 9Round acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Lenders financing 9Round resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Stearns Bank National Association | 2 | 28.6% | $404K | |
| 2 | The Fidelity Bank | 1 | 14.3% | $202K | |
| 3 | PeopleFund | 1 | 14.3% | $200K | |
| 4 | Guaranty Bank | 1 | 14.3% | $135K | |
| 5 | BayFirst National Bank | 1 | 14.3% | $110K | |
| 6 | TD Bank, National Association | 1 | 14.3% | $50K |
States where 9Round units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 2 | 28.6% | $312K | |
| 2 | North Carolina | 1 | 14.3% | $220K | |
| 3 | Texas | 1 | 14.3% | $200K | |
| 4 | California | 1 | 14.3% | $184K | |
| 5 | Missouri | 1 | 14.3% | $135K | |
| 6 | New Hampshire | 1 | 14.3% | $50K |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Questions buyers ask
How much do buyers borrow to buy a 9Round franchise?
The median SBA 7(a) loan for a 9Round resale was $184,000 across 7 loans (FY2018 to FY2026). The middle half of loans ran from $122,500 to $200,750. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance 9Round acquisitions?
Stearns Bank National Association has made the most SBA acquisition loans for 9Round (2, 29% of the total). The Fidelity Bank, PeopleFund, Guaranty Bank follow.
What interest rate and term do 9Round acquisition loans carry?
The average initial rate at approval was 8.08% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 10 years.
Is a 9Round resale riskier than other SBA-financed acquisitions?
Too few 9Round acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are 9Round units being bought with SBA loans?
Florida (2), North Carolina (1), Texas (1), California (1), Missouri (1). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Fitness and Recreational Sports Centers acquisitions
- Florida acquisitions
- North Carolina acquisitions
- Texas acquisitions
- Stearns Bank National Association
- The Fidelity Bank
- Guaranty Bank
- All franchise brands
Brand name as recorded by lenders in the SBA file: "9ROUND; 9round kickboxing" (franchise code S0024). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.