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BODYBAR Pilates

BODYBAR has created a business model that an entrepreneur can follow and be wildly successful, while enjoying the perks of owning a fitness studio; fun, fit and community!

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BODYBAR Pilates

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BODYBAR Pilates Franchise Cost and Requirements for 2024

Background

  • Pilates is a leading format in the current boutique fitness craze…already proven.
  • However, the initial brand player is nearly sold out.
  • BODYBAR observed, learned, proved out their model and they are ready to grow nationwide with a better experience for the member and more attractive investment for the Zee.

Key Differentiators: Upscale, Spa-like Feel / Higher Revenue Potential / Personalized & Challenging Work Outs / Quick to Profit

  • Attractive Net Profit Margin - 31%
  • Low to Moderate Investment
  • Quick Profitability - The business model is built around community, quick profitability, and systems with proven results. Studios have and can cash-flow in as little as 60 days!
  • High Demand - The demand is already here, and the only national competitor has sold out of most of their territories leaving space for BODYBAR to move in and take over.
  • Hot Industry- Fitness is hot and boutique fitness is the fasting growing segment in the industry
    • Over 50M fitness memberships in 2017
    • In 2015, 20% of all fitness memberships went to boutique fitness centers
    • In 2016, 40% of all fitness memberships went to boutique fitness centers
    • In 2017, 65% of all fitness memberships went to boutique fitness centers
  • Higher Revenue Potential- The only Pilates concept with 14 Reformers, opposed to the 12 the competitors offer. This allows for an increase in revenue capacity by 17%. In addition to this it is an upscale studio with high-intensity and high-energy classes.
  • Recurring Revenue Model - BODYBAR members buy recurring monthly memberships and over 60% of the gross revenue comes from these memberships.
  • High-End/Spa-Like Environment - Upscale, high-energy studios that clients love!
  • Simple Operation- Lean staff, no real inventory (besides clothing items), payroll is variable as membership grows (control payroll costs through schedule/session roll-out).
  • Low Cap Expenses

Company Details

Established: 2011
First Unit Franchised: 2016
Franchised Units: 93
Franchise Units Open: 33

Franchise Units Under Construction: 22

Franchise Units Under Development Agreement:21

Company Owned Units: 3
 

Approved Registration States: PENDING APPROVAL FOR 2024 

EXCLUDING : HI, MD, ND, RI, SD, WA

Canada Franchises: No

International Franchises: No 

Support and Training Offered By BODYBAR Pilates

Financial Assistance Provided: Yes, Third Party Lender
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: 5 Day Business Training / 5 Day Instructor Training / 5 Day Studio Manager Training

Top Selling Points

  • Leasing identfication and negotiation for your Studio  
  • Turn-Key Real Estate, Construction and Execution 
  • Finance Assistance through Third Party Lenders 
  • Simple Business Model with Recurring Revenue Streams 
  • Robust Support Systems and Team 
  • Open North American Territories

Franchisor Support:

  • Business training for managers and owners
  • Instructor training at home location
  • Pre-Sale to Grand Opening support 
  • On-going weekly/monthly support and field assistance
  • Monthly advertising and sales assistance
  • Central purchasing for branded materials
  • Monthly Marketing Campiagn 

Additional:

  • Real Estate Representative
  • Site selection
  • Competitive Market Analysis
  • Facility layout
  • National Contractor and Architect
  • Equipment Leasing/Purchasing

2024 Franchise Requirements Needed to Own a BODYBAR Pilates Franchise.

What does a BODYBAR Pilates Franchise Cost?

BODYBAR Pilates franchise fees for 2024:

Cash Investment: $150,000 - $300,000
Total Investment: $281,600 - $814,660
Minimum Net Worth: $750,000
Franchise Fee: $49,500
Royalty: 7%
Ad: 2%
Average Number of Employees: 5-6
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes - $5,000 off first unit

Is BODYBAR Pilates a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. BODYBAR Pilates is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is BODYBAR Pilates a Home Based franchise?

No. BODYBAR Pilates is not a home based franchise opportunity.

What Do BODYBAR Pilates Franchise Owners Make?

Click here to find out how much BODYBAR Pilates franchisees make. BODYBAR Pilates offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is BODYBAR Pilates a Master Franchise Opportunity?

No. BODYBAR Pilates is not a master franchise opportunity.

Does BODYBAR Pilates Offer a Veteran Discount?

Yes. BODYBAR Pilates franchise does offer a veteran discount.

Does BODYBAR Pilates Work with E2 Visa and EB-5 Visa Candidates?

Yes. BODYBAR Pilates franchise does work with E2 Visa and EB-5 Visa candidates.

Is BODYBAR Pilates Looking for Franchisees in Canada?

No. BODYBAR Pilates franchise is not looking for Canada franchisees.

Is BODYBAR Pilates Looking for International franchisees?

No. BODYBAR Pilates franchise is not looking for International franchisees.

Where can I see BODYBAR Pilates's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Fitness, Non Food Franchises

Number of Units Open

20-50 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

BODYBAR Pilates Franchise Reviews

BODYBAR Pilates Franchises for Sale

Click Here to inquire about existing BODYBAR Pilates franchises for sale. We may have BODYBAR Pilates franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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