- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$122K - $197K
- Units as of 2017
-
8
Company Overview
About Polestar Pilates Studio Franchise
Industry | Personal-Care Businesses |
---|---|
Related Categories | Fitness , Pilates Fitness |
Founded | 1998 |
Parent Company | Polestar Enterprises |
Leadership | Brent D. Anderson, CEO |
Corporate Address |
7300 N. Kendall Dr., #550 Miami, FL 33156 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2015 (9 years) |
---|---|
# of employees at HQ | 15 |
# of Units | 8 (as of 2017) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Polestar Pilates Studio Franchise 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
|
$24,900 |
---|---|
Initial Investment
|
$121,750 - $196,950 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Polestar Pilates Studio Franchise has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
---|
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 | 11 hours |
---|---|
Classroom Training | 29 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 4 |
Are exclusive territories available?
|
Yes |
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IM=X Pilates and Fitness
- description
- Pilates, barre, and cycling classes, personal training, back wellness
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