Are you looking for start Curves Franchise Cost, Fee, Opportunity and how to sale, In this post, you will get all details about curves franchise.
The franchisor is in the matter of giving and providing service to its franchisees comprising of the chance to open and work a brief fitness and weight reduction club under the “Curves” exchange names, trademarks and system of working strategies.
Curves is a fitness business intended for ladies with around 4 million individuals at more than 10,000 areas found far and wide. Curves advances sound ways of life in females by helping with weight reduction and exercise. With cardio, extending, and quality preparing, Curves promises to work each significant muscle gathering.
The activity routine, for the most part, comprises of high-intensity aerobics and the utilization of water-powered opposition gear.
Most Curves individuals go to the exercise centre for a brief exercise three times each week. Also, with such a significant number of Curves area, an enrollment works at any Curves, giving ladies practice choices in any event, when travelling.
Contents
#1. Curves Franchise Opportunities
To start Curves Franchise has great exciting curves franchise opportunities. Curves franchisees are given a club advancement support program. This program is especially discovered to help franchisees through each progression of their business and guarantee achievement.
- Looking to work for yourself?
- Dynamic, excited and profoundly energetic?
- Loaded up with want and the correct individual characteristics to assist ladies with arriving at their objectives?
- Friendly and think that its simple to continue ahead with other individuals?
- Needing to work with an organization that would one say one is of the world’s chiefs in ladies’ wellness?
- Resolved to succeed and completely dedicated to another test?
#2. Curves Franchise Cost
To open Curves Franchiseinitial investment curves franchise cost around $115,600-$243,200, And franchise fee of $39,900 which grants you to run business with name of Curve.
1. Investment Cost:
Estimated Investment Cost | ||
Name of Fee | Low | High |
Initial Franchise Fee | $12,500 | $15,000 |
Application Fee | $500 | $500 |
Equipment | $17,795 | $17,795 |
Curves Franchise Travel and Living Expenses While Training | $1,500 | $4,000 |
Real Estate and Improvements | Varies | |
Site Evaluation | $0 | $750 |
Training and Education Requirements | Varies | |
Furniture | $1,500 | $3,000 |
Technology Fee | $250 | $250 |
TV/Sound Bar System | $550 | $1,000 |
Supplies | $500 | $1,000 |
Curves Franchise Computer | $500 | $1,000 |
Signs | $1,000 | $3,000 |
Advertising | $5,000 | $7,000 |
Deposits | $2,000 | $6,000 |
Insurance | $1,000 | $2,000 |
Business Registration | $0 | $500 |
Professional Fees | $1,000 | $3,000 |
Curves Equipment Delivery Fee | $2,500 | $5,000 |
Additional Funds – 3 months | $1,500 | $4,500 |
ESTIMATED TOTAL (does not include real estate or education costs) | $49,595 | $75,295 |
Other Fee/Cost
Type of Fee | Amount |
Monthly Royalty Fee | 6.5% of the previous month’s gross sales for the franchise subject to the minimum royalty fee of $220. |
Monthly Advertising Fee | 2% of the previous month’s gross sales for the franchise subject to the minimum royalty fee of $110. |
Training Fee | Will depend on the franchisee’s circumstances. |
Relocation Fee | $500 |
Delay of Opening Fee | $1,500 |
Curves Franchise Indemnification | Will vary depending upon loss. |
Fee for Audit of Franchise | Cost of audit if franchisee understated gross sales by more than 2% and any unpaid fees owed to the franchisor. |
Escrow Fee | $1,800 |
Assignment Fee | $1,000 |
Onboarding Certification Fee | Then-current fee; currently, $150 per person. |
Health and Wellness Certification | Then-current fee; currently, $150 per person. |
Curves Operating System Training Fee | Then-current fee; currently, there is no fee. |
Initial Training Program Registration Fee | Then-current fee; currently, $500 per person. |
Curves Franchise Application Fee | $500 |
Renewal Fee | Amount equal to 25% of the then-current initial franchise fee applicable to a new franchise. |
Monitoring Fee | $250 per month per item of non-compliance |
Brand Protection Fee | $250 per month per item of non-compliance. |
Technology Fee | $250 per month. |
Late Fee | $55 |
Interest | The highest rate allowable by law on any balance unpaid by more than 30 days. |
Non-Compliance Damages | The remaining months on the Term of the Franchise Agreement multiplied by an average of the last 6 months of Monthly Royalty Fees, or if Franchisee’s Facility has been open less than 6 months, an average of the Monthly Royalty Fees since Franchisee’s Facility has been open. |
Insurance | Cost of insurance. |
Inspection and Evaluation of Suppliers and Products | Varies, depending upon the cost to the franchisor for the inspection and evaluation. |
Curves Franchise Transfer Fee | $5,000 |
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#3. Curves Franchise For Sale
You can curves franchise for sale Curves Franchise by two ways:
1. Purchase another franchise domain where there isn’t a Curves Franchise inactivity
2. Purchase a current Curves own by a franchisee who is thinking about selling the club
Become Curves owner is easier than you think, start journey with Curves:
- Apply for online application and submits your document
- Wait for approval from company headquarters
- Get training and other support
- Finally, the grand opening of Curves gym
If you want to more details you can visits www.curves.com