
Physique 57
Barre fitness classes- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$272K - $604K
- Units as of 2019
-
6 20.0% over 3 years
Company Overview
About Physique 57
- Industry
- Personal-Care Businesses
- 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
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
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 OpeningSecurity & Safety ProceduresLease NegotiationField OperationsSite Selection
- Marketing Support
-
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail 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
Work with one of our Franchise Advisors and get what you need to start a Physique 57 franchise.
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