How many Pure Barre locations are there?
Who owns Pure Barre?
What is franchise fee?
What is 2% advertising fee?
How long is a franchise agreement?
Is Pure Barre changing?
Do franchisors have in-house financing?
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About this website
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 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?
XponentialIt 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.
How many square feet is a Pure Barre studio?
around 1,500 square feetStudios range in size from 1,000 to 1,800 square feet to accommodate these needs, but the sweet spot for the company is right around 1,500 square feet. In order to fully capitalize on the wellness benefits that a ballet barre can provide, Pure Barre looks for a minimum of 17 feet of frontage.
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
Who is the CEO of Pure Barre?
Kristen Wright - Owner - Pure Barre | LinkedIn.
How many people are in a Pure Barre class?
Limited capacity. Maximum class size is 14 people.
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.
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.
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 barre worth the money?
Is Pure Barre worth it? If you're looking for a low impact workout that's going to help you get toned, Pure Barre is a great option. I think the level of training and instruction that goes into each class definitely justifies the prices I've seen.
Is Pure Barre like Pilates?
As a low-impact exercise, barre delivers similar benefits to both yoga and Pilates, including enhanced flexibility, improved posture and body alignment, and activated core muscles.
Pure Barre Ownership : Purebarre - reddit
I would wait awhile... most studios right now are really struggling right now due to the pandemic. Some have even had to close. It’s really hard for local studios to stay afloat right now (especially those who are currently livestream only) when PB GO is only $30/month (less than 1/3 of typical membership price) and Corp gets all of the money from that.
Pure Barre - Average Revenue, Product Costs, Labor Costs, Occupancy ...
The Franchise Chatter Blog examines the profit potential of Pure Barre studios, based on Item 19 of the company's 2017 FDD.
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.
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.
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.
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 it cost to open a franchise in Pure Barre?
Your Development Fee will depend on the number of Franchised Businesses Pure Barre grants you the right to open within the Development Area, and is calculated as follows: (i) $100,000 for the right to open two Franchised Businesses; (ii) $45,000 per Franchised Business if you agree to open and operate between three and five Franchised Businesses; (iii) $40,000 per Franchised Business if you agree to open and operate between six and nine Franchised Businesses; and (iv) $35,000 per Franchised Business if you agree to open and operate 10 or more Franchised Businesses.
How much does Pure Barre cost?
Pure Barre estimates that you will pay: (i) required $8,750 in connection with 7 individuals attending the Pure Barre Classic Training (given Pure Barre’s current training fee for such Classic Training is $1,250/trainee); and (ii) an approximate additional $2,200 in connection with 2 of those Authorized Instructors attending and completing the Additional Instructor Training, Pure Empower, and Pure Reform Training (approximately $1,100 per Authorized Instructor to attend a total of 2 additional days of training) within the first six months of Studio operations.
How many instructors do you need to be a Pure Barre instructor?
Prior to opening your Studio, you must pay Pure Barre the appropriate training and/or subscription fees in connection with 7 individuals attending and completing the Pure Barre Classic Training necessary to become an Authorized Instructor prior to the opening of your Franchised Business, and Pure Barre assumes and expects that you will send up to 2 of those Authorized Instructors to also attend the Additional Instructor Training, Pure Empower, and Pure Reform Training in order to provide certain advanced classes and instruction as part of the Approved Services prior to or around the opening of your Franchised Business.
What is the FFE package?
You must purchase an initial package of furniture, fixtures, and equipment that is designed to provide you with the majority of these items that you will need in connection with outfitting, equipping, and otherwise building out your Studio (the “Initial FFE Package”), and includes the cost of shipping.
How much does an FFE package cost?
As of the Issue Date of the Disclosure Document, the Initial FFE Package costs approximately between $20,000 and $32,000, and typically contains (a) exercise accessory equipment and various other related equipment/supplies for use in connection with the provision of the Approved Services, (b) a Studio fixture package comprised of a desk, displays and display rack, storage cubbies, pedestals, custom-made ballet bars, and assorted other fixtures, (c) certain other equipment used in connection with the Studio, and (d) the shipping of these items to the Authorized Location.
What is the late fee for open account business credit?
20. Late Fees: the greater of the highest applicable legal rate for open account business credit, or 1.5% per month
When do you have to pay royalties for a franchise?
You will be required to start paying your Royalty once your Franchised Business begins collecting revenue from operations.
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 many Pure Barre locations are there?
Not only is Pure Barre the largest barre brand in the world, it is one of the world’s largest franchised fitness brands with more than 500 locations open across North America & Canada.
Who owns Pure Barre?
Pure Barre is also owned by Xponential Fitness, the curator of the best brands across each vertical of boutique fitness. With decades of fitness franchising experience to utilize, Pure Barre's team has the resources and industry knowledge to support your success.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is 2% advertising fee?
2%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
Is Pure Barre changing?
Never willing to settle, Pure Barre is constantly evolving, to ensure we are delivering the best experience for our franchise owners and members worldwide.The Pure Barre member experience in-studio is ever-changing with consistent updates to our class choreography and music, as well as the introduction of new classes and programming.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How many Pure Barre locations are there?
Not only is Pure Barre the largest barre brand in the world, it is one of the world’s largest franchised fitness brands with more than 500 locations open across North America & Canada.
Who owns Pure Barre?
Pure Barre is also owned by Xponential Fitness, the curator of the best brands across each vertical of boutique fitness. With decades of fitness franchising experience to utilize, Pure Barre's team has the resources and industry knowledge to support your success.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is 2% advertising fee?
2%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
Is Pure Barre changing?
Never willing to settle, Pure Barre is constantly evolving, to ensure we are delivering the best experience for our franchise owners and members worldwide.The Pure Barre member experience in-studio is ever-changing with consistent updates to our class choreography and music, as well as the introduction of new classes and programming.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
