The location, studio size, and clientele are just a few of the variables that might affect a Pure Barre franchise owner’s income. A Pure Barre franchise earns an average of $330,327 per year, according to a research by Franchise Business Review. Some franchise owners, though, can make more than $1 million a year. The capacity of a franchise owner to control costs and expand their clientele also affects their income. How much does a Pure Barre studio set you back?
The price to create a Pure Barre studio might differ according on the size, location, and equipment required, among other things. According to the Pure Barre franchise disclosure statement, the upfront cost may be between $177,650 and $367,900. The franchise fee, equipment, leasehold improvements, and other costs are included in this investment. Additionally, a marketing fee of 2% of gross sales and a royalty fee of 7% of gross sales must be paid by franchise owners. How many Pure Barre locations are there in the US?
In the US, there will be more than 550 Pure Barre studios by the year 2021. In important cities like New York, Los Angeles, and Chicago, the brand is well-known. Additionally, Pure Barre has foreign locations in nations like Australia, the United Arab Emirates, and Canada.
Pure Barre’s CEO is Sarah Luna. She joined the organization in 2019 and has worked in the fitness sector for more than 20 years. Luna is in charge of managing the creation of new goods and services as well as guiding the brand’s expansion strategy.
The location, studio size, and clientele are only a few of the variables that affect a franchise owner’s profits. The average yearly revenue of a Pure Barre franchise, however, is $330,327, according to a survey by Franchise Business Review. Depending on their capacity to control expenses and expand their clientele, franchise owners may make more money than this.
In conclusion, for fitness aficionados, owning a Pure Barre franchise can be a successful business opportunity. The location, studio size, and clientele are just a few of the variables that might affect a franchise owner’s profits. Franchise owners are required to pay a royalty charge of 7% of gross sales and a marketing fee of 2% of gross sales in addition to the initial investment for a Pure Barre facility, which can range from $177,650 to $367,900. Pure Barre is a well-liked option for anyone interested in owning a fitness franchise because it has more than 550 locations in the United States and a strong brand recognition.