How much does a Burn Boot Camp franchise cost?
- Initial Franchise Fee: $40,000
- Total Investment: $148,830 to $353,150
- Working Capital: $38,000 to $73,000
- Royalty Fee: 6.0%
Full Answer
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How much does it cost to buy a Burn Boot Camp franchise?
$142,330 to $349,150The investment range for a Burn Boot Camp is $142,330 to $349,150 and those amounts include the franchise fee. The franchise fee for a single unit is $40,000 and $100,000 for a triple unit deal. In the end, Burn Boot Camp is not just a franchise opportunity.
How much does it cost to open a burn?
Franchisees can expect to make a total investment of $148,830 - $353,150. They also offer a discount for veterans (We discount the initial territory fee by $15,000).
Is Burn Boot Camp a franchise?
Burn Boot Camp became a franchise in 2015 and now have over 275 locations open across the United States. Burn Boot Camp offers 45-minute classes that test and improve clients' cardio and strength. These classes allow clients to change their lives through fitness.
Who is the owner of Burn Boot Camp?
Morgan KlineDevan and Morgan Kline are co-founders of Burn Boot Camp.
Is owning a Burn Boot Camp profitable?
Burn Boot Camp Provides An Unmatched Franchising Experience: Low-cost investment with multiple revenue streams. An average gross revenue of 475K* A community of over 70,000 dedicated clients across 260 locations in 36 states.
Is Burn Boot Camp female only?
No matter the time of day, all Burn Boot Camp locations host camp times that are most convenient for the men and women within their community. Visit various Burn Boot Camp locations across the country at no additional cost.
Can I cancel my Burn Boot Camp membership?
The cancellation fee is 50% of the remaining months left on her agreement. She is welcome to return to complete her contract or cancel if she chooses.
When did Burn Boot Camp start?
2012When Morgan was offered a promotion and a move to Huntersville, North Carolina, Devan followed. He launched Burn Boot Camp in April of 2012, in the rear parking lot of a children's gym, sublet for about $200 a month. To start up, they attracted clients with 30 days of free workouts.
What does a Burn Boot Camp workout look like?
A Burn Boot Camp workout lasts 45 minutes and includes a warm up, challenging workout and a finisher. All Burn Boot Camp workouts follow a similar format and begin with a warm up that focuses on dynamic exercises (think less stretching and more movement for an active warm up).
How many locations does Burn Boot Camp have?
Burn Boot Camp Opens 200th Location, Plans Major Expansion Through 2022. Burn Boot Camp franchisee Tammy Opfer opened the brand's 200th location on April 13 in Ahwatukee, Arizona.
Where was Burn Boot Camp founded?
Founded by Family Devan and Morgan live in Cornelius, NC, with their family and still train camps to this day.
Who is Morgan Kline?
Morgan Kline is the new CEO of Burn Boot Camp. Being proud of the woman you see in the mirror every morning is a feat many try hard to attain but few experience. From its inception, Burn Boot Camp entered the market as a female-focused boutique gym franchise built for her and her family.”
What is a good cash burn rate?
What is a good burn rate? As I mentioned, most entrepreneurs and experts recommend having at least twelve months of runway at all times. That means a good burn rate is around one-twelfth of your available cash. So if you have $600,000 in available cash, a burn rate close to $50,000 would be good.
How do I heal a burn quickly?
How to treat a first-degree, minor burnCool the burn. Immediately immerse the burn in cool tap water or apply cold, wet compresses. ... Apply petroleum jelly two to three times daily. ... Cover the burn with a nonstick, sterile bandage. ... Consider taking over-the-counter pain medication. ... Protect the area from the sun.
What is considered a major burn?
A major burn is defined as a burn covering 25% or more of total body surface area, but any injury over more than 10% should be treated similarly. Rapid assessment is vital. The general approach to a major burn can be extrapolated to managing any burn.
Do fourth degree burns exist?
Learn About Fourth Degree Burns Fourth degree burns are the highest level of burns and have the potential to be life-threatening. They are the most severe and deepest injury; affecting all layers of the skin, muscles, tendons and bones.
Who is the founder of Burn Boot Camp?
Burn Boot Camp, founded by husband and wife Devan and Morgan Kline in 2012, was always meant to be more than just a gym. Purpose, passion, and community are the building blocks of Burn, and are the principles that define the experience for our Franchise Partners and their Members.
When did Devan and Morgan start franchising?
Initially a group workout offered in the parking lot of a gymnastics studio, the program quickly gained popularity to become one of the fastest-growing fitness concepts, ultimately driving Devan and Morgan to begin franchising the brand in 2015.
Background
Health is the key aspect to our lives. Without it, nothing else really matters. If you are looking to get a piece of the booming fitness industry and allow women to attain their fitness and confidence goals, then the Burn Boot Camp could be for you.
Support and Training Offered By Burn Boot Camp
The franchise owners can expect to work with a dedicated Franchise Opening Specialist to assist with gym unfit, pre-opening, and Grand Opening. Additionally, the franchise will be there with you for site selection, site construction, on boarding training, and provide training at Burn University in Cornelius, North Carolina.
Franchises Similar to Burn Boot Camp
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.
