In this nationwide craze of boutique fitness, Pilates is an established leading format. Its already proven. However, the initial brand is nearly sold out across the country. BODYBAR observed, learned, proved out their model and they are ready to grow nationwide with a better experience for the member and more attractive investment for the Zee.
The BODYBAR model brings some key differentiators such as a high-end studio that looks and feels like a spa upon entry, increased revenue potential with more reformers, a unique spin on the work out and a business model that is quick to profit with strong retention.
BODYBAR uses the best Reformer equipment and has 14 Reformers per studio as opposed to the ONLY national competitor using 12. This allows for an increase in revenue capacity by 17%. Think about that, you are getting a proven business model with significantly greater revenue potential.
Founded in 2011, BODYBAR has created a business model that an entrepreneur can follow and be wildly successful, while enjoying the perks of owning a fitness studio; fun, fit and community!
BODYBAR takes proven principles of Pilates and intensifies them with isometric holds, pulses, and incorporating the whole body. With multiple revenue streams including; memberships, class packages, retail, late cancel fees, private instruction, and teacher training fees, BODYBAR provides an opportunity to meet and surpass your financial goals.
BODYBAR is where quality instruction + a spa like environment + amazing customer experience meets to produce strong financial performance for our franchise partners.
Franchised Units: 93
Franchise Units Open: 33
Franchise Units Under Construction: 22
Franchise Units Under Development Agreement:21
Company Owned Units: 3
Approved Registration States: PENDING APPROVAL FOR 2024
EXCLUDING : HI, MD, ND, RI, SD, WA
Canada Franchises: No
International Franchises: No
Minimum Net Worth: $750,000
Franchise Fee: $49,500
Royalty: 7%
Ad: 2%
Average Number of Employees: 5-6
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes - $5,000 off first unit
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: 5 Day Business Training / 5 Day Instructor Training / 5 Day Studio Manager Training
Top Selling Points
Leasing identfication and negotiation for your Studio
Turn-Key Real Estate, Construction and Execution
Finance Assistance through Third Party Lenders
Simple Business Model with Recurring Revenue Streams
Robust Support Systems and Team
Open North American Territories
Franchisor Support:
Business training for managers and owners
Instructor training at home location
Pre-Sale to Grand Opening support
On-going weekly/monthly support and field assistance
Monthly advertising and sales assistance
Central purchasing for branded materials
Monthly Marketing Campiagn
Additional:
Real Estate Representative
Site selection
Competitive Market Analysis
Facility layout
National Contractor and Architect
Equipment Leasing/Purchasing
Management Skills
Willingness to Develop Brand Nationally!
Passion for Fitness and building a community
Outgoing and Driven Personality