- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$198K - $326K
- Units as of 2021
-
4 100.0% over 3 years
Sasquatch Strength is a fitness concept franchise that aims to change its members' mindset towards fitness. Its end goal is to make members desire to engage in fitness for life rather than with timed, in-gym sessions. The founding location boasts a 400-square-foot facility with top-of-the-line equipment and plenty of room to stretch out and get pumped, a massage room, a dedicated mobility area, and an in-house chiropractor.
Founded in 2014, Sasquatch Strength became the answer to founder Isaac Vaisberg’s longing for personalized, purpose-based fitness programming, which was essentially unheard of in his area at the time.
In 2019, Sasquatch Strength opened itself to franchisees and now has several locations across the United States. Sasquatch Strength is actively seeking to expand its reach and add more franchisees to its arsenal.
Why You May Want To Start a Sasquatch Strength Franchise
If you're into fitness and believe that it should be a lifestyle and lifetime commitment, then you may find owning a Sasquatch Strength franchise to be rewarding. You don't need any experience as a gym owner because the franchisor will provide all the necessary training for you and your staff.
If you do some research, you will find that gym and fitness concepts tend to rank highly in their industry for franchising each year. This means that while Sasquatch Strength has its own attractions as a brand, the industry in which it moves can give franchisees a default advantage.
What Might Make a Sasquatch Strength Franchise a Good Choice?
Sasquatch Strength may stand out due to its highly personalized approach to fitness, where the focus is on the person, not the workout. It draws on an executive team's combined expert experience of more than 50 years as a business. On top of what it believes to be an exceptionally branded equipment package, Sasquatch Strength also offers franchisees multiple potential opportunities such as personalized training, memberships, proprietary supplements, seasonal apparel, and nutrition counseling.
Opening a Sasquatch Strength franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
How To Open a Sasquatch Strength Franchise
As you decide if opening a Sasquatch Strength franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Sasquatch Strength franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
To be part of the Sasquatch Strength franchise team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty and renewal fees. Franchisees will also need to meet the company's set liquid capital requirements.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Sasquatch Strength franchising team questions.
Company Overview
About Sasquatch Strength
Industry | Personal-Care Businesses |
---|---|
Related Categories | Fitness |
Founded | 2014 |
Parent Company | Franchise Founders |
Leadership | Isaac Vaisberg, CEO |
Corporate Address |
5201 Blue Lagoon Dr., #800 Miami, FL 33126 |
Social | Facebook, Instagram, YouTube |
Business Overview
Franchising Since | 2019 (5 years) |
---|---|
# of employees at HQ | 7 |
Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
# of Units | 4 (as of 2021) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Sasquatch Strength 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
|
$45,000 |
---|---|
Initial Investment
|
$198,400 - $326,400 |
Cash Requirement
|
$50,000 |
Veteran Incentives
|
25% off franchise fee |
Royalty Fee
|
6.5% |
Term of Agreement
|
5 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 | Sasquatch Strength has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
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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 | 33 hours |
---|---|
Classroom Training | 47 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 3-4 |
Are exclusive territories available?
|
Yes |
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