Thriveworks

Counseling, life coaching
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$17K - $79K
Units as of 2016
24 300.0% over 3 years

Company Overview

About Thriveworks

Founded
2008
Corporate Address
1000 Jefferson St., #2C
Lynchburg, VA 24504

Business Overview

Franchising Since
2013 (10 years)
# of employees at HQ
20
Where seeking

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

# of Units
24 (as of 2016)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Thriveworks 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
$10,000 - $20,000
Initial Investment
$16,700 - $79,282
Royalty Fee
3%
Ad Royalty Fee
1%
Term of Agreement
5 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
1-2 days
Classroom Training
3 days
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media

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
1
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 or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022