Financial Performance of Pure Barre Franchise
- Average annual sales of a franchised Pure Barre studio: $259,534
- Average annual net profits of a Pure Barre store: $43,400
Franchise Opportunity Overview
- Estimated initial investment: $204,100 – $461,700
- Initial franchise fee: $60,000
- Royalty fee: 7%
- Advertising fee: 2%
Company Background and Growth
- Pure Barre first opened in 2001
- Became a franchise in July 2009
- Largest franchised fitness brand with close to 550 locations
Profit and Business Potential
- Pure Barre franchise can earn over $177,000 per year in profit with 24 people per class
Requirements and Offerings
- Seeking franchisees passionate about the technique with business acumen
- Startup costs range from $178,350 to $370,000
- Liquid capital requirement: $100,000; Net worth requirement: $500,000
- Initial franchise fee: up to $46,500
- Ongoing fees: 7% royalty and 1% ad royalty
Pure Barre focuses on full-body, low-impact workouts, utilizing small movements for significant results and generating revenue through memberships, class packages, and retail sales.