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Upgrade Labs franchise — is it worth it?

Medium risk Significant turnover

UPGRADE LABS operates in the health and wellness sector, offering a franchise opportunity with an initial investment ranging from $880,500 to $1,560,500.

Everything below is free, read straight off Upgrade Labs's registered filing, with where the numbers land against health & wellness peers. Weighing Upgrade Labs against other options? Get a free shortlist of franchises that fit your budget.

Figures above are as disclosed in Upgrade Labs's most recent FDD (registered 2026). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 37270-202609-05 — check it yourself. See every other Minnesota-registered franchise.

Upgrade Labs franchise profit — what the FDD discloses

Plainly: Upgrade Labs does not disclose franchise profit or revenue. Its most recent FDD makes no Item 19 financial performance representation, so there is no franchisor-backed earnings figure for Upgrade Labs — any number quoted elsewhere is an estimate, not a disclosure. The absence is itself worth weighing (57% of health & wellness franchisors in our corpus do disclose); the fees, litigation and outlet churn Upgrade Labs's FDD does contain are on this page. For brands that put earnings on paper, see Health & wellness franchises with disclosed Item 19 earnings.

Upgrade Labs lawsuits & legal history (FDD Item 3)

Upgrade Labs's most recently filed Franchise Disclosure Document (2026) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.

Upgrade Labs closures & failure rate

Before you sign, Upgrade Labs will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Upgrade Labs's most recent filing shows, and whether it's normal for a health & wellness of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Upgrade Labs's latest tables show significant franchisee turnover. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 50%, against a health & wellness median of 2.5% — worse than the category. Net franchised outlets moved +3 to 5 in the latest reported year.

Who owns Upgrade Labs?

Upgrade Labs's franchise is offered by UPGRADE LABS FRANCHISE, INC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at MN CARDS; it identifies the franchisor, not necessarily the ultimate parent company behind it. The same franchisor files separate FDDs for other brands, which is worth knowing — sibling brands share a franchise-support organization but disclose their own numbers:

Health & wellness franchises at a similar investment level

Anyone weighing Upgrade Labs is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Upgrade Labs franchise — frequently asked