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- 2022 Franchise 500 Rank
#411 Ranked #195 last year
- Initial investment
$228K - $381K
- Units as of 2021
38 2.7% over 3 years
Here’s what you need to know if you’re interested in opening a The Barre Code franchise.
The Barre Code was founded in 2010 by Jillian Lorenz and Ariana Chernin. Their mission was to create a fitness program that accommodates everyone while promoting acceptance and a positive growth environment for women. The Barre Code helps clients become their most effective selves by exceeding their personal fitness limits through three core programs: Barre, Brawl, and Boot camp.
The Barre Code started franchising in 2013 and has since expanded to more than 40 locations in the U.S. The brand has grown to have a community of over 200,000 members. The Barre Code aims to provide a platform where women, members, and franchisees can take the fitness concept and positively impact their lives and those around them. Whether you're a beginner or a seasoned fitness guru, The Barre Code will always seek to find the right class for you.
Why You May Want to Start a The Barre Code Franchise
As a franchisee, the corporate team at The Barre Code will help you pick a studio space and provide you with all the studio design services to ensure your new center aligns with the brand. Additionally, you will receive new routines, custom playlists, promotional materials, and social media graphics every month to help you grow your The Barre Code studio and create a stable and potentially growing customer base.
While your business is taking shape, The Barre Code team will help install your equipment, signage, and music systems. Your lead trainers will also receive an intensive multi-week training program, and The Barre Code will support your marketing team in their promotional efforts for the launch of your new fitness studio.
What Might Make a The Barre Code Franchise a Good Choice?
To be part of The Barre Code team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the franchise's set net worth and liquid capital requirements.
The Barre Code has partnered with third party financial lenders that can help cover the costs of the franchise fee, startup, equipment, inventory, and payroll.
How To Open a Barre Code Franchise
The first phase in your journey to become a The Barre Code franchisee is the discovery phase. Here, you will submit an inquiry form. Next, a representative may contact you to brief you on the franchise's brand, operations, marketing, and real estate. If you are a good fit for the franchise, you will complete the official franchise application before participating in a franchising webinar.
The next step is attending the virtual discovery day, where you will learn about your business's day-to-day operations, how to market your business effectively, and how to create a loyal membership following. At this stage, the head team and current franchisees will be open to answering any questions you may have.
The final steps involve signing the franchise agreement, recruiting and training your team, and at last, launching your new The Barre Code franchise.
About The Barre Code
- Franchising Since
- 2013 (9 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 38 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a The Barre Code franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
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. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $228,064 - $380,867
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $400,000 - $420,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $150,000 - $225,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
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. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
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 franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- The Barre Code has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 92 hours
- Classroom Training
- 209 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Work with a free franchise expert and get what you need to start a The Barre Code franchise.
Franchise 500 Ranking History
Compare where The Barre Code landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where The Barre Code ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to The Barre Code.
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