Physique 57

Physique 57

Barre fitness classes
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$272K - $604K
Units as of 2019
6 20.0% over 3 years

Company Overview

Physique 57 is a barre fitness company that operates full-service exercise studios in the United States, Thailand, India, Saudi Arabia, the Philippines, and the UAE. The studio offerings are complemented by fitness retail boutiques and a global video-on-demand platform.

About Physique 57

Related Categories
Fitness
Founded
2005
Parent Company
Jevo Inc.
Leadership
Jennifer Vaughan Maanavi, Founder and CEO

Franchising Overview

Franchising Since
2019 (3 years)
# of employees at HQ
130
Where seeking

This company is seeking new franchisees in the following US states:

This company is seeking new franchisees in the following international regions:

# of Units
6 (as of 2019)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
24 W. 57th St., #805
New York, NY 10019

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Physique 57 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
$50,000
Initial Investment
$272,037 - $603,551
Net Worth Requirement
$500,000
Cash Requirement
$270,000
Royalty Fee
7%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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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
40-185 hours
Classroom Training
45-100 hours
Ongoing Support
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Ad Templates
Social Media
SEO
Website Development
Email Marketing

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
8-12
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021