How to Start a Pure Barre Franchise in 2022

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With greater than 640 studios, 6,000 lecturers and 100,000 energetic members, Pure Barre is the biggest, most-established barre model, providing a number of low-impact, full-body exercises for a broad vary of health ranges. Ranked in Entrepreneur journal’s Franchise 500 List every year, Pure Barre continues to be a pioneer in not solely the barre house however boutique health general. With Pure Barre, you will construct a neighborhood the place objectives are created, pursued, completed and celebrated.

When Pure Barre was based in 2001, it created a motion. Powered by pleasant, supportive and high-energy studios, this unbelievable model has impressed numerous people to turn out to be higher variations of themselves. Pure Barre continues to innovate its approach and broaden its footprint throughout North America. Pure Barre provides a vary of efficient, low-impact, high-intensity, full-body exercises that focus on energy, agility and suppleness for individuals of all means ranges. Deeply rooted in neighborhood and empowering purchasers, Pure Barre focuses on small actions that end result in huge adjustments.

Thanks to an ever-expanding community of devoted studio homeowners, its passionate fan base has by no means been stronger. By partnering with sturdy potential franchisees, the model will proceed to change the health panorama and construct a optimistic, empowering neighborhood, motivating private change and touching extra lives.

In October 2018, Xponential Fitness Acquired Pure Barre. Xponential Fitness is the biggest international franchisor of boutique health manufacturers, working diversified verticals that embody pilates, barre, biking, working, rowing, dancing, stretching, boxing, yoga and purposeful coaching. The Xponential staff has the sources, community, playbook and platform to guarantee continued success with many years of health and franchising experience.

Pure Barre seeks certified franchisees with fundamental enterprise abilities that may handle and inspire a staff, have ample monetary sources and can observe the blueprint of a confirmed enterprise mannequin whereas sharing the eagerness for the model. Ideal franchisees can be passionate in regards to the Pure Barre approach and have the enterprise acumen to run a profitable studio. Pure Barre offers desire to candidates with sturdy ties to their desired market.

Related: Considering franchise possession? Get began now and take this quiz to discover your personalized list of franchises that match your life-style, pursuits and funds.

How a lot does a Pure Barre franchise value?

To open a Pure Barre franchise, listed below are the monetary necessities, money required and ongoing franchise charges related to enterprise possession.

Initial franchise price: $60,000.

Initial funding: $214,287 to $457,337.

Net value requirement: $500,000.

Cash requirement: $100,000.

Royalty price: 7%.

Ad royalty price: 2%.

Term of settlement: 10 years.

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Pure Barre franchising would not provide in-house financing for candidates however does preserve relationships with a number of third-party funding sources which provide financing to cowl the franchise price, startup prices, tools, stock, accounts receivable and payroll. Some people who meet the minimal monetary requirement might also think about using a mortgage to fund their funding in a Pure Barre studio. Pure Barre critiques and assesses the funding construction, together with the utilization of loans, of every applicant on a case-by-case foundation. Please observe that Pure Barre is registered with the Small Business Administration (SBA).

Support and coaching supplied by Pure Barre

From the minute an settlement is signed, Pure Barre supplies in depth help to information every Pure Barre franchise proprietor by way of all areas of the enterprise together with website choice, development and design, recruitment, gross sales and advertising help, and ongoing coaching. Throughout the opening course of and past, the model features as a turnkey companion.

Plus, franchise homeowners can faucet into a tremendous community of passionate in-category franchise homeowners to study and develop collectively. Pure Barre can also be owned by Xponential Fitness, the curator of one of the best manufacturers throughout every vertical of boutique health. With many years of health franchising expertise to make the most of, Pure Barre’s staff has the sources and trade data to help your success.

Pure Barre is a model that believes in in depth help and complete coaching. It believes these are two of a very powerful and pivotal components in figuring out a franchisee’s success. Here are the particular methods Pure Barre works with new homeowners to guarantee success.

  • Real property. The model’s devoted employees helps new homeowners in the positioning choice and lease negotiation to find the perfect website for a Pure Barre studio.
  • Construction and design. Pure Barre guides franchisees by way of your entire build-out course of — from accredited format and common development to inside design, music and know-how.
  • Sales. Franchise homeowners will take pleasure in complete and ongoing gross sales coaching, month-to-month calls and knowledgeable steerage — from pre-sale, by way of the grand opening, and onto sustainability. Right from the beginning, the model introduces new homeowners to its multi-channel gross sales course of to drive income.
  • Recruitment. The high quality of the trainer and instruction defines a class, and Pure Barre assists in hiring probably the most certified instructors, common managers and gross sales groups.
  • Marketing. The minute franchisees signal their lease, the advertising of their location begins with personalised help to set new homeowners up with all the means for producing web site site visitors and accruing memberships.

Why must you begin a Pure Barre franchise?

There are a number of advantages and benefits to proudly owning a Pure Barre franchise, together with these 5 main proof factors.

  • Strong nationwide model. Not solely is Pure Barre the biggest barre model, however it’s also one of many largest franchised health manufacturers with 650+ places open throughout North America and Canada.
  • Smart funding. Enjoy a low-cost entry, a recurring income mannequin, actually distinctive EBITDA margins, and the boldness of a company staff with many years of mixed expertise in health franchising. Pure Barre has the model energy and confirmed franchise success to ship distinctive revenue potential.
  • Always innovating. Never keen to settle, Pure Barre is consistently evolving to guarantee they ship one of the best expertise for franchise homeowners and members worldwide. The in-studio Pure Barre member expertise is ever-changing with constant updates to class choreography and music, in addition to the introduction of latest courses and programming.
  • Executive mannequin. Its franchise mannequin supplies a utterly scalable enterprise, permitting new homeowners to decide their degree of success. Thanks to the model’s current relationships, franchisees can leverage improvement prices and reap the benefits of current nationwide vendor relationships to launch studios efficiently.
  • Multiple income streams. Between barre courses, trainer coaching and rising demand for premium activewear, franchise homeowners can have entry to a number of income streams.

Pure Barre believes in maintaining issues easy, which is why their franchise course of consists of 5 simple steps — from discovery to possession. Review these separate steps beneath.

  • Research and due diligence. Prospective franchisees are inspired to browse the web site and schedule a name with the Pure Barre staff. Then request a copy of their franchise disclosure doc (FDD) and take in what it means to personal a Pure Barre studio.
  • Take motion. Prospects ought to full and submit their confidential questionnaire kind to the model’s franchise improvement staff for consideration. If accredited, prospects then schedule a name with Pure Barre’s model managers to talk about one of the best subsequent steps and participate in a number of basis calls to study extra about proudly owning a Pure Barre studio.
  • Meet the Pure Barre company staff. Following validation calls and due diligence, prospects can be invited to the company workplace in Irvine, CA to meet the Pure Barre company staff as a closing step of the approval course of.
  • Sign your franchise settlement. If it is a go, prospects signal their franchise settlement with Pure Barre following their Discovery Day go to.
  • Let your possession journey start. There’s a lot that goes into opening a studio, however Pure Barre will information new homeowners by way of your entire course of. This consists of discovering the right location, hiring and coaching a staff, and getting the phrase out in the neighborhood.

Timelines fluctuate, however a rule of thumb is that it sometimes takes 125 to 200 days from the time prospects signal their franchise settlement to the purpose the place they will open the studio doorways. Request extra details about franchise alternatives with Pure Barre by filling out this manner and start the invention course of in your very personal franchise operation.

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Related: Pure Barre’s President Is Getting the Brand in Top Shape

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