How much does a Pure Barre franchise cost?
- Initial Franchise Fee: $60,000
- Total Investment: $204,100 to $461,700
- Working Capital: $10,000 to $40,000
- Royalty Fee: 7.0%
Full Answer
How much money does a Pure Barre owner make?
According to one analysis, with an average of 24 people per class, a Pure Barre franchise can earn over $3.600 a week in profit. That is over $177,000 per year. With an average of 15 people per class, the per week profit is just under $1,500 per week, or just shy of $70,00 a year.
How much is a Pure Barre franchise worth?
What is your franchise fee? The Pure Barre franchise fee is $60,000.
How much does it cost to open a barre3 studio?
The Build-Out Studios are generally outfitted with a 6 to 10 square-foot space dedicated to retail. *The start-up capital needed to open a barre3 studio ranges from $306,796 - $597,146.
Who Is Pure Barre owned by?
It joins Yoga Six, Club Pilates, CycleBar, StretchLab, Row House and AKT under the Xponential umbrella. "Pure Barre sets the standard for barre workouts not only in the U.S. but globally as well," Xponential Fitness CEO Anthony Geisler said in a media release.
What should I wear to a Pure Barre interview?
As a fitness company, the dress code around our office is casual. Franchising candidates typically go straight from a Pure Barre class into interviews, so they wear workout clothes. Candidates applying for corporate jobs are able to wear whatever makes them feel confident and prepared for the interview.
Are franchises lucrative?
Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
How Much Is a barre 3 subscription?
12-Month Subscription14-day free trial, $300.00 PER YEAR Plus applicable sales tax.$0.00Total$0.00
How much does Barre3 online cost?
After the 15-day trial, Barre3 Monthly Subscription is $29 per month. If you opt to pay for an annual subscription instead, the cost is $300 total, or $25 per month. There are also some Barre3 workout videos you can one-time purchase including: Barre3 Shape 60 Minute Workout.
Are club Pilates and Pure Barre the same company?
Three of the company's brands – Club Pilates, Pure Barre and CycleBar – landed a spot in Entrepreneur magazine's coveted 2021 Franchise 500 list as a result of another year of impressive unit growth, financial strength and stability and brand power.
How many locations does Pure Barre have?
650 locationsbenefits of owning a pure barre studio Not only is Pure Barre the largest barre brand, it is one of the largest franchised fitness brands with close to 650 locations open across North America.
How many people are in a Pure Barre class?
Limited capacity. Maximum class size is 14 people.
Is Pure Barre a private company?
Pure Barre is part of the now publicly-traded company Xponential Fitness Inc., which owns boutique fitness brands like CycleBar, Club Pilates, StretchLab, YogaSix, among others.
Who is the CEO of Pure Barre?
Kristen Wright - Owner - Pure Barre | LinkedIn.
What does Pure Barre stand for?
Pure Barre is defined as an exercise program using a ballet barre and isometric movements which are set to music. An example of Pure Barre is a class that uses a long wooden bar attached to a wall.
Is Pure Barre like ballet?
It's a ballet-inspired fitness regimen mostly centered around the handrail used in ballet training — the barre — with some Pilates influences tossed in the mix. Not only does Pure Barre burn fat and tone muscles, but it also helps with your balance and posture.
What is the royalty rate for pure barrel?
The Pure Barre royalty fee is 7% of gross sales. The marketing fee is 2% of gross sales.
Is Pure Barre seeking investors?
Yes, Pure Barre is seeking individuals (and their investors) with liquid assets greater than $100,000.
Does Pure Barre have a franchise?
Yes, Pure Barre is happy to share a copy of its FDD with serious franchise candidates. Please fill out our web form to get started with the process.
Background
You've grown so much. How do you plan to continue to provide a high level of support to your franchisees? Answer: Pure Barre is proud to be the leader in the barre segment, with four times as many studios as the next largest barre concept. This leads to brand awareness, which ultimately leads to new clients to franchisees studios.
Support and Training Offered By Pure Barre
Site Selection Assistance: We will assign franchisee a local commercial RE broker to aid in their site selection process. This broker works on all XPO brands in the market and can leverage relationships with landlords where we have already placed XPO units.
Franchises Similar to Pure Barre
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How many Pure Barre locations are there?
Not only is Pure Barre the largest barre brand, it is one of the largest franchised fitness brands with close to 550 locations open across North America.
How many members does Pure Barre have?
own a pure barre studio. With close to 600 studios, and over 76,000 active members, Pure Barre is the largest barre brand, offering a range of effective, low-impact, full-body workouts for a broad range of fitness levels. Ranked in Entrepreneur Magazine’s Franchise 500 List each year, Pure Barre continues to be a pioneer in not only ...
Is Pure Barre a franchise?
Ranked in Entrepreneur Magazine’s Franchise 500 List each year, Pure Barre continues to be a pioneer in not only the barre space, but boutique fitness overall. Not only is Pure Barre the largest barre brand, it is one of the largest franchised fitness brands with close to 550 locations open across North America.
How much does it cost to franchise barre 3?
1. Initial Franchise Fee: $33,750 to $45,000. 2. Equipment: $18,000 to $37,000. This includes the purchase of barre3 branded “FitBalls” and DVDs for instance. You must purchase 100 of these inflatable exercise balls for use both in the class and to sell in the studio.
How often do you need to replace Fitballs in Barre3?
Barre3 could at any point require you to update, upgrade or replace studio fixtures, or equipment, including those 100 Fitballs that must be replaced every six months.
What are additional expenses that you can purchase from a vendor of your choice?
Additional expenditures that you can purchase from a vendor of your choice include weights, a computer, telephone and wall mirrors.
What finishes do you need for a ballet barre?
Other finishes that you must incorporate include: interior and exterior signage, the ballet barre, lighting package, stereo system and microphone. All of these items must come from a Pure Barre approved vendor before opening day.
How much does it cost to host a grand opening?
Grand Opening: $1,000 – $2,000. There will be a minimum fee of $1,000 to promote and host a grand opening event. However, the cost to host and promote the event may exceed the $1,000 minimum. 3. Training Expenses: $6,000 – $12,500.
How much does it cost to build a studio?
For instance, opening a studio in a New York City borough might cost you as much as $275,000! You might, however, be able to negotiate tenant improvement concessions with the landlord, that could save you some change.
How much does a Pure Barre franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 542 franchised Pure Barre locations in the USA.
How much does it cost to join Pure Barre?
Unlike many other gyms, Pure Barre does not charge any initiation or enrollment fee. All you must do is pay a month’s amount, and you are good to go!
How much is Pure Barre initiation fee?
Pure Barre does not charge any initiation or enrollment fee from those who are willing to purchase a membership plan.
Is it hard to cancel Pure Barre membership?
No, it is not hard to cancel a Pure Barre membership plan. You have to get in touch with the center in which you are enrolled, and they will guide you through.
Can I freeze Pure Barre membership?
Yes, one can freeze Pure Barre membership. This can be done once every week. Therefore, if you plan to go on a vacation, you do not have to unnecessarily pay any extra amount.
