FDD Talk: Club Pilates Franchise Costs, Fees, Average Revenue and/or Profits (2022 Review) (2023)

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EmFDD Talk: fitness franchise,fitness franchises,Franchise Revenue

In this exclusive Franchise Chatter FDD Talk post, you will learn:

Section I - Estimated initial investment (franchise cost) for a Club Pilates franchise based on Item 7 of the Company's 2022 FDD

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Section II - Initial Franchise Fee, License Fee and Marketing Fee for a Club Pilates Franchise based on Articles 5 and 6 of the Company's 2022 FDD

Section III - Number of Club Pilates owned and chartered facilities at the beginning and end of the year for 2019, 2020 and 2021, based on Item 20 of the Company's 2022 FDD

Section IV: Latest News on the Club Pilates Franchise Opportunity

Section V - Presentation and analysis of financial performance presentations (income and/or average income) of Club Pilates based on Item 19 of the Company's 2022 FDD, including information on:

  • average monthly gross salesgenerated in each calendar month comprising calendar year 2021 and the first calendar month of 2022 by Club Pilates franchised studios that (i) were owned and operated by a franchise system during the measurement period; and (ii) operated for at least 6 months after the Soft Open Date at the end of that month (the “Disclosed Studies”).

Section VI - Metrics, Benchmarks, Calculations and Analysis for the Club Pilates Franchise Opportunity (Exclusive content for Platinum subscribers)

Section I - Club Pilates Franchise Expenses

  • Cost of the Pilates Club Franchise, based on point 7 of the company's FDD 2022:
  • Initial Franchise Fee: $60,000
  • Initial Training Program (fees): $0
  • Travel and living expenses during training: $500 to $3,000
  • Real Estate/Rent: $11,500 to $39,500
  • Net improvements to rental properties: $28,500 to $140,500
  • Signage: $10,000 to $21,000
  • Insurance: US$1,000 to US$2,500
  • Payments related to pilates and other fitness equipment: $5,000 to $9,000
  • Retail Inventory Bundle for Pre-Order and Soft Open: $12,000
  • Related furniture, fixtures, and accessories: $18,500 to $19,500
  • Computer system and associated components: $2,500 to $3,500
  • Upfront marketing expenses (including inaugural support program amounts): $15,000
  • Shipping: US$ 4,500 to US$ 12,000
  • Installation: 6,000 to 8,500 US dollars
  • Mentorship Program Fee: $200-$1,600
  • Technical position(s) - 3 months and 1 month before opening: $2,200
  • Additional Funds – 3 months: $10,000 to $40,000
  • Estimated total cost for Club Pilates franchise: $187,400 to $389,800

Section II - Initial Franchise Fee, Royalty Fee and Marketing Fee for Club Pilates

  • Club Pilates initial franchise fee, royalty fee and marketing fee, based on points 5 and 6 of the company's FDD 2022:
  • Initial Franchise Fee: $60,000
  • Royalties: 7% of gross sales
  • Contributions to the brand development fund: currently 2% of gross sales
  • Local Promotion Requirements: You must spend a minimum of $1,500 per month on local advertising and promotion for your franchise studio

Section III - Number of Licensed and Owned Pilates Club Locations

franchisee

2019

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  • Points of sale at the beginning of the year: 379
  • Points of sale at the end of the year: 553
  • Net change: +174

2020

  • Points of sale at the beginning of the year: 553
  • Points of sale at the end of the year: 601
  • Net change: +48

2021

  • Points of sale at the beginning of the year: 601
  • Points of sale at the end of the year: 667
  • Net Change: +66

company property

2019

  • Points of sale at the beginning of the year: 0
  • Points of sale at the end of the year: 0
  • Net change: 0

2020

  • Points of sale at the beginning of the year: 0
  • Points of sale at the end of the year: 5
  • Net Change: +5

2021

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  • Points of sale at the beginning of the year: 5
  • Points of sale at the end of the year: 0
  • Net change: -5

Section IV - Club Pilates Franchise News Updates

Section V - Club Pilates Franchise Financial Performance Statements (Revenue and/or Average Revenue) (Item 19, FDD 2022)

  • All historical performance information disclosed in this article below was generated by traditional franchise studios that meet the eligibility criteria listed below.
  • As of the date of the Disclosure Document, Club Pilates has no non-traditional studios open and operated by its System franchisees and therefore nothing in this article contains any kind of demonstration of financial performance or profit claims with respect to any non-traditional studios, operated from an agreed location within a non-traditional location.
  • In this article, Club Pilates discloses the monthly mean, average and other gross income earned in each calendar month comprising the calendar year 2021 and the first calendar month of 2022 (each a "Caliden Month" and together the "Period") under Franchise Studios that: (i) were owned and operated by a system franchisee during the measurement period; and (ii) operated for at least 6 months after the Soft Open Date at the end of that month (the “Disclosed Studies”).
  • The applicable subset for a given calendar month excludes all studios that have not been open for at least 6 months after the temporary opening date at the end of that calendar month (the “Excluded Studios”).

Average gross income of the applicable subset of all studies reported for each calendar month that includes the measurement period

  • January 2021: $30,392
  • February 2021: $32,304
  • March 2021: $39,006
  • April 2021: $41,578
  • May 2021: $44,711
  • June 2021: $48,042
  • July 2021: $48,915
  • August 2021: $49,514
  • September 2021: $50,642
  • October 2021: $51,901
  • November 2021: $54,787
  • December 2021: $52,911
  • Total 2021: $ 544.703
  • January 2022: $53,659
  • The term “Gross Revenue” means the total revenue generated by a given study disclosed during the measurement period, including any revenue from the sale and provision of any approved services to, out of, or through that study.
  • "Gross Revenue" (i) excludes sales tax (which the studio owner must pay directly to the relevant tax authority) and (ii) excludes any revenue that the disclosed studios may have earned from providing the teacher training program.
  • When reviewing this point 19 and evaluating franchise offerings in general, it is particularly important to consider the following characteristics of the existing studies (versus a new franchise) described in this point 19:
  • For. Each of the disclosed studios uses the Marks and the System in a manner similar to how you are required to use such intellectual property in operating the offered franchise pursuant to the disclosure document;
  • B. Some of the more mature Disclosed Studios did not accrue during the Measurement Period with the other pre-opening costs and expenses you are likely to incur in connection with developing a new franchise, as these Disclosed Studios have all been open and operational for some time. time. time from the start date of the measurement period; AND
  • C. Some aspects of certain published studies are primarily managed on a daily basis by a single person who manages those matters for both sites. While this obligation is similar to hiring a “designated manager” or other third party to help you manage certain aspects of your franchise business, Club Pilates does not expect you to hire such a third party at the outset of operating your new franchise business. . .Companies (unless you have multiple entities).
  • This Section 19 does not disclose or discuss operating costs and expenses incurred in connection with the incorporation and continued operation of a Franchise Business, nor does it discuss depreciation, amortization, tax liabilities and/or costs associated with debt service (if applicable).
  • Your business income and expenses are directly affected by many factors, such as:
  • (a) the geographic location and population demographics of your designated area;
  • (b) advertising effectiveness based on market saturation;
  • (c) if you run the business yourself or hire a third party to act as your designated manager;
  • (d) the price of your products and services;
  • (e) supplier prices for materials, supplies and inventories;
  • (f) staff salaries and benefits (life and health insurance, etc.);
  • (g) insurance costs;
  • h) meteorological conditions;
  • (i) ability to generate customers;
  • (j) customer loyalty;
  • (k) conditions of employment in the market; AND
  • (l) the effort you and your employees put into your franchise business.

Section VI – Club Pilates franchise fees, benchmarks, calculations and analysis (exclusive content forSigning Platinum) ⬇️

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