- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$120K - $272K
- Units as of 2022
-
1 0.0% over 3 years
Training for a healthy body may be one of the hardest things to do, which Meld Fitness + Wellness understands. Here, losing weight, building lean muscle mass, and feeling better about yourself while having fun along the way may be realistic.
Founded in 2014 by Micah Logan, Meld Fitness + Wellness is a brand that believes in three values; exercise programming, nutrition, and accountability (E+N+A). The fitness brand designs its programs around the E+N+A formula as the best path towards reaching body goals.
At Meld Fitness + Wellness, customers may appreciate custom-tailored approaches that help them realize meaningful progress.
Since beginning to franchise in 2021, Meld Fitness + Wellness has begun to seek to expand its reach across the United States.
Why You May Want To Start a Meld Fitness + Wellness Franchise
Meld Fitness + Wellness strives to accommodate diverse customer needs with a business model that supports gym-based and online training. Customers may take advantage of the extensive services adopted by the brand, including initial consultation, road mapping, and access to personal trainers. The diversity Meld Fitness + Wellness offers may have the potential to create multiple forms of business for franchisees.
While work experience as a personal trainer is not a requirement, an awareness of fitness trends is valuable for franchisees. Meld Fitness + Wellness embraces the latest trends in the fitness business, including the efficient micro-studio concept where science-backed workouts take flight. Individuals willing to take the leap and embrace change may be a great fit for the Meld Fitness + Wellness brand.
What Might Make a Meld Fitness + Wellness Franchise a Good Choice?
Between its individualized programming, nutrition plans, and accountability from trainers, Meld Fitness + Wellness believes it is a customer-centric brand that upholds best practices. With a business model that accommodates the needs of both staff and customers while maintaining a low overhead, opening a Meld Fitness + Wellness franchise may be an intriguing option for you.
Meld Fitness + Wellness emphasizes competence for all clients and customers, starting with a monitored program. Franchisees should hire competent trainers and staff to keep units running smoothly and ensure that client needs are met. Maintaining great relations with customers and staff can go a long way in realizing the brand's goals.
How To Open a Meld Fitness + Wellness Franchise
To be part of the Meld Fitness + Wellness 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 advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Meld Fitness + Wellness strives to be a state of the art brand. To keep the quality top-notch, it provides franchisees with loads of support to ensure they thrive. If awarded a franchise, the brand provides training on its operation model and support for operational and marketing excellence.
As you decide if opening a Meld Fitness + Wellness 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 Meld Fitness + Wellness franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Company Overview
About Meld Fitness + Wellness
Business Overview
| Franchising Since | 2021 (3 years) |
|---|---|
| # of employees at HQ | 3 |
| Where seeking |
This company is offering new franchises in the following US states: Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| # of Units | 1 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Meld Fitness + Wellness 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
|
$40,000 |
|---|---|
|
Initial Investment
|
$119,875 - $272,324 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
$60,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
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 | Meld Fitness + Wellness has relationships with third-party sources which offer financing to cover the following: 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 | 2.5 hours |
|---|---|
| Classroom Training | 33 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
|
| 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 | 4 |
|
Are exclusive territories available?
|
Yes |
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