Franchise owners say they fell for a promised “semi-absentee model” requiring little work and a skeletal staff.
Bearden and other franchise owners in a lawsuit that they fell for the company’s promise of a “semi-absentee” model – one where they could operate a franchise by putting in only 10 hours a week and with a skeletal staff of full-time and one part-time employee.
They’re seeking $75 million in damages for violating the violating the Racketeer Influenced and Corrupt Organizations Act, fraud and breach of contract claims. One of the lawyers representing Barry Van Over, CEO of Premier Martial Arts, declined to comment. Other attorneys identified in the lawsuit did not respond to requests for comment.
In May 2021, Bearden and his wife Aimee, bought six franchises of Unleashed-owned Premier Martial Arts, a national martial arts studio, and opened their firstfranchise a year later. What the family thought was a great investment has now placed them in “survival mode,” according to Cale Bearden.
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