8/12/2023 0 Comments Franchise fastlaneThe company began franchising new locations in 2018, the complaint says. (READ MORE: Martial arts at McKenzie arena in Chattanooga) Van Over and Baker, who owns the East Brainerd location, could not be reached for comment. "Premier Martial Arts has seen significant growth in the past year with the opening of 110+ studios across the country with an additional 65+ leases signed for development in the next year."Ī lawyer representing the lawsuit's 54 plaintiffs and an attorney for Premier founder Barry Van Over both declined to comment Monday, citing the the litigation. "As the interest in mixed martial arts increases and reaches an all-time high, Premier Martial Arts is growing to fill the need for sports that inspire discipline and develop character in children," a news release from the company last week said. The company was purchased by Unleashed Brands, a parent company to several other children-focused businesses, in January 2022. 1 children's fitness franchise of 2022 by Entrepreneur Magazine. Premier Martial Arts was recently named the No. The plaintiffs represent about a quarter of the more than 200 owners operating studios under the Premier Martial Arts brand, according to the complaint. The complaint, first filed in November, accuses the company of fraud and racketeering and asks a federal court to award damages to a group of more than 50 plaintiffs who say they've lost thousands of dollars during the franchising process. Premier Martial Arts, based in Knoxville, has a location in East Brainerd operated by Vice President Myles Baker, one of the defendants in the lawsuit. A chain of East Tennessee-based martial arts studios lied about how profitable and easy-to-run its franchised locations would be, a federal lawsuit alleges, collecting thousands of dollars in royalties and fees while many of its owners lost money.
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