How much money can you make with a Kumon franchise?
The profit of a Kumon franchise varies depending on the number of students and the cost of operation. If the numbers are based on the recommended student tuition of $75 per month with a $30 registration fee per student, and assuming at least 50 students by the end of the first year of operation, revenues would total $3,750 per month.
How much is the joining fee at curves?
If you are interested in the Curves program you can sign up for a free consultation. Taking all the expenses into account, the monthly fee comes to around $39 to $49, although in some areas it could be higher, and in some locations there is a $99 joining fee too. How much is monthly membership at Curves?
How much is the profit margin of a franchise?
The net result of both models (after deducting other fairly standard business overheads) is a Net Profit Margin % of about 8–9% of sales for both business models.
How much does it cost for curves membership?
How much does Curves Fitness membership cost? As Curves is a franchise, membership prices vary by location. Prices start from $59 per month with an additional joining fee of $149.95. Curves clubs offer promotions throughout the year and you can visit the website or call a local club to find out what it offers..
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What is a curves franchise?
Franchise Description: Curves NA, Inc. is the franchisor. The franchisor is in the business of granting and providing services to its franchisees consisting of the opportunity to open and operate a thirty minute fitness and weight-loss club under the “Curves” trade names, trademarks and system of operating procedures.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. The franchisor may allow for a term of less than 10 years at its discretion if requested by the franchisee. If the franchisor grants a request for renewal, franchisees must sign a new Franchise Agreement for a term of five additional years. The franchisor may allow for a term of less than five years at its discretion if requested by the franchisee.
What are the obligations of a franchisee?
Obligations and Restrictions: If franchisees are an individual, they must directly perform or supervise operations of the club unless the franchisor consents otherwise. If the franchisor agrees that franchisees need not personally perform or supervise their club, it must be directly supervised by their designated key staff who has successfully completed the initial training program and other educational requirements and training. If franchisees are a corporation, direct, on-site supervision must be done by a designated owner who meets with the franchisor’s approval and who has satisfactorily completed the initial training program and other educational requirements and training. Franchisees must offer and sell only the goods and services that the franchisor has approved and which conform to its standards and specifications.
What is a franchised territory?
Territory Granted: Franchisees will receive territorial rights to operate one Curves franchise at a specific location the franchisor approves. Franchisees will receive territorial rights (the franchised territory) surrounding the approved location. The franchised territory is based primarily on population. Typically, a franchised territory includes a population ranging from 5,000 to 60,000 people. Franchisees may face competition from other franchisees, from outlets that the franchisor owns, or from other channels of distribution or competitive brands that the franchisor controls. During the term of the Franchise Agreement, and provided franchisees are complying with the provisions of the Franchise Agreement, they will receive an exclusive territory in that the franchisor will not: (i) modify the franchised territory without their written permission, or (ii) directly operate or license or franchise a third party the right to operate a physical location under the Curves marks in the franchised territory.
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How much does it cost to franchise curves?
The cost of a low investment Curves Franchise is $29,900 with delivery of the Curves equipment ranging from $3,000- $5,000. When you come to Texas for training, you will be provided other materials such as wall charts, music, cue tapes, start up forms, supplies, and specialized training in the operation your club. Other costs that you may incur in opening your Franchise include but may not be limited to, a lease, lease space finish out, stereo system, deposits on utilities, telephones, computers and local advertising, all of which will be purchased from third party vendors. Since Curves does not maintain an office in your state, you will also incur travel expenses to Texas for training.
How many square feet are in a curves franchise?
A Curves franchise can operate in a space as small as 1,000 square feet which keeps rent and other operating costs as low as possible. Payroll expenses are minimal when a franchise owner-operator hires a young person or student to work Monday through Friday evenings.
What is a curve royalty?
Curves charges a monthly franchise royalty and a monthly advertising royalty that are based on a percentage of gross revenues. In both cases, we have established a ceiling that represents the maximum royalty that a franchisee would pay in a given month, and a floor that represents the minimum amount. We feel this is the most equitable approach for all franchisees since it insures that no one pays too much, but everyone at least pays something.
How many women are in the Curves gym?
Curves has made exercise available to over 4 million women around the world, many of whom are in the gym for the first time. With 10,000 locations in more than 44 countries, Curves is the world's largest fitness franchise and the tenth largest of all franchise companies in the world.
How many Curves franchises were there in 1995?
Together they began to franchise this wonderful concept and opened the first franchise in 1995. At the end of the first year, there were 50 franchise locations. Curves reached 1,000 locations within 36 months and nearly 10,000 locations in just 10 years.
How many countries are there in the world for curves?
Curves is now located in 55 countries on 6 continents.
When did the curves start?
Gary Heavin and his wife Diane opened the first Curves in the United States in 1992. This new, 30-minute fitness concept combined strength training and sustained cardiovascular activity through safe and effective hydraulic resistance. The comfortable, supportive environment was designed for women and was immediately successful.
How much is the Curves royalty?
Additionally, Curves charges a 5% ongoing royalty fee to its franchisees, although the company caps the amount between $195 and $795. A 3% (capped between $95 and $395) advertising royalty also applies.
What is a curve?
Curves is a fitness business geared toward women with about 4 million members at over 10,000 locations found around the world. Curves promotes healthy lifestyles in females by assisting with weight loss and exercise. With cardio, stretching, and strength training, Curves vows to work every major muscle group.
How often do you workout with curves?
Most Curves members come to the gym for a 30 minute workout three times per week.
Do curves franchisees own their own business?
Half of all franchisees own more than one Curves unit. Though absentee ownership is permitted, the majority of Curves franchise owners operate their own businesses.
How much does a Curves 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.
Are there any Curves franchise opportunities near me?
Based on 2019 FDD data, Curves has franchise locations in 42 states. The largest region is the West with 144 franchise locations.
How do I start setting up my own Curves franchise?
The first step to a Curves franchise is to attend one of the company’s monthly presentations and meet with the Curves’ sales team, who will be able to answer any questions you may have about its franchise programme.
What is Curves looking for in a franchisee?
A Curves franchisee is expected to have personality, drive, passion and entrepreneurial spirit. With these key elements, an extroverted, motivated, dynamic and enthusiastic individual will be able to take responsibility and motivate members to reach their goals. The brand’s proven systems, plus a franchisee with good people and service skills, and a good work ethic, will make a success of a Curves Club.
How does the Curves franchise model work?
Curves provides a complete 30-minute fun, fast, safe workout combining strength training using hydraulic resistance, cardio and stretching in a welcoming and safe environment. It is a membership-based business with various revenue opportunities through memberships, products and services.
Where can you find Curves franchise outlets?
In England: Ashington, Cramlington, North Shields, Lincoln, Nottingham, Leicester, Kenilworth, Market Harborough, Northampton, Melksham, Frome, Reading, Wokingham, Blackwater/Camberley, Hampton/Teddington, Leatherhead, Redhill, Haywards Heath, Eastleigh, Romsey, Plymstock, St. Austell, Newquay.
What are Curves’ terms of agreement and renewal?
Curves offers a five-year licence with an option for renewal after that period .
What to expect before opening a curves club?
Before you even start your Curves franchise, the company will send tools to prepare you for the challenge of club ownership. Curves has developed a special support programme to provide its franchisees with all the support they require, plus a checklist of important initial steps to take ahead of the club opening.
How many clubs does Curves have?
Curves is the largest fitness franchise in the world, and was listed in the Guinness Book of World Records in 2001. The company now has more than 4,000 clubs in over 80 different countries, including almost 300 clubs across Europe. Broad market appeal means there are 2.4 million Curves members globally.
What is curves fitness?
When you open a Curves concept, you help women gain strength, confidence and purpose. That translates to happier, healthier lives and communities. Over 30 years ago, Curves changed women’s fitness by delivering studio fitness without premium prices. While gym workouts are only 30 minutes, the benefits are felt long after. Unlike traditional gyms, a Curves membership gives the tools and support needed for members to reach their goals – setting the stage for a healthier, more active future.
How long is a curves workout?
While gym workouts are only 30 minutes, the benefits are felt long after. Unlike traditional gyms, a Curves membership gives the tools and support needed for members to reach their goals – setting the stage for a healthier, more active future. Download Packet.
