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Description
Investment Icon

What Are the Initial Costs to Open a Pure Barre Franchise?

To open a Pure Barre franchise, you should expect an initial investment ranging from $265,330 to $418,980. This includes a franchise fee of $60,000. Additionally, you will need to budget for ongoing costs such as a 7% royalty fee and a 2% marketing fee. It's essential to ensure that you have a net worth of $200,000 to $400,000 and sufficient cash reserves to cover your investment.

Fees Icon

What Are the Financial Performance Metrics for Pure Barre?

Pure Barre franchises can anticipate an average annual revenue of approximately $34,985 per unit. The financial metrics indicate a gross profit margin of 68.7%, with operating expenses accounting for 34.3% of revenue. Understanding these figures can help you gauge the potential profitability of your investment and manage your operational costs effectively.

Revenue Icon

How Long Does It Take to Break Even with a Pure Barre Franchise?

Franchisees of Pure Barre can expect to break even within approximately 12 months of operation. The investment payback period is around 15 months, making it crucial to have a solid business plan and marketing strategy to maximize your revenue in the early stages. This timeframe can vary based on location and market conditions, so careful planning is essential.

Breakeven Icon

What Are the Trends in Pure Barre Franchise Growth?

Pure Barre has shown consistent growth in its franchise network, increasing from 571 units in 2021 to 615 units in 2023. This expansion indicates a strong brand presence and demand in the fitness industry. For aspiring franchisees, aligning with a growing brand can provide significant opportunities for success and market penetration.

Pure Barre Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

Net Worth Required icon The minimum total assets (minus liabilities) you must possess.

i Net Worth Required:

$200,000 - $400,000
Investment Payback icon The estimated period to recoup your total investment.

i Investment Payback:

15 Months
Franchise Fee icon The initial fee paid to join the franchise system.

i Franchise Fee:

$60,000
Royalty Fee icon Ongoing percentage of revenue paid to the franchisor.

i Royalty Fee:

7%
Marketing Fee icon Regular contribution toward the franchise’s advertising fund.

i Marketing Fee:

2%
Breakeven Time icon The estimated timeframe to recover your initial costs.

i Breakeven Time:

12 Months
Initial Investment icon The total amount required to launch the franchise.

i Initial Investment:

$265,330 - $418,980
Cash Required icon The minimum liquid capital you must have on hand.

i Cash Required:

$265,330 - $418,980
Average Revenue icon The typical yearly revenue generated per franchise location.

i Average Revenue:

$30,283
Median Revenue icon The middle value of yearly revenue among franchise locations.

i Median Revenue:

$27,531
Highest Revenue icon The largest reported annual revenue among franchisees.

i Highest Revenue:

$135,619
Lowest Revenue icon The smallest reported annual revenue among franchisees.

i Lowest Revenue:

$4,030
Industry icon A broad sector defining similar types of franchise businesses.

i Industry:

Fitness Franchises
Category icon A more specific division within the broader industry.

i Category:

Specialty Fitness Classes
Leadership icon The key individuals guiding the franchise’s strategy and growth.

i Leadership:

Anthony Geisler
Corporate Address icon The official business address of the franchisor’s headquarters.

i Corporate Address:

17877 Von Karman Ave., Suite 100, Irvine, California 92614
Funding Year icon Available financing options to help start the franchise.

i Funding Year:

2012
Parent Company icon The main organization that owns the franchise brand.

i Parent Company:

Xponential Fitness

Pure Barre Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes.

The overall number of operating franchise locations.

Total Units i

628
The number of locations owned by independent franchisees.

Franchised Units i

615
The number of locations owned and run by the franchisor.

Corporate Units i

13
Units 2021 2022 2023
Total Units 576 606 628
Net Change YoY 30 22
Franchised Units 571 603 615
Net Change YoY 32 12
Corporate Units 5 3 13
Net Change YoY -2 10
Investment About

Investment Overview

The initial investment for a Pure Barre franchise ranges from $265,330 to $418,980. This includes a franchise fee of $60,000, with ongoing royalty and marketing fees set at 7% and 2% of gross sales, respectively. To qualify, potential franchisees need a net worth between $200,000 and $400,000, ensuring they have the financial backing to support their business.

Potential About

Financial Performance

On average, a Pure Barre unit generates annual revenue of approximately $34,985. The median revenue stands at $27,531, with the lowest reported revenue at $4,030 and the highest at $135,619. Franchisees can expect to break even within 12 months, with an investment payback period of around 15 months, making it a potentially lucrative opportunity.

Metrics About

Franchise Growth

Pure Barre has shown consistent growth in its franchise units, increasing from 571 in 2021 to 615 in 2023. This upward trend reflects the brand's expanding presence in the fitness industry and its appeal to a broad demographic, signaling a strong market demand for its unique barre workout offerings.

Fees About

Operational Expenses

Franchisees should anticipate annual running expenses between $70,850 and $152,000. Key costs include rent and utilities ($19,000 - $31,000), insurance ($1,050 - $2,500), and marketing ($15,000 - $25,000). Understanding these expenses is crucial for effective financial management and profitability.

Breakeven About

Corporate Structure

Pure Barre is operated under the umbrella of the larger franchise organization, which manages both franchised and corporate units. The number of corporate units has fluctuated, with an increase from 3 in 2022 to 13 in 2023, indicating a strategic focus on enhancing brand visibility and operational efficiency through direct ownership.

Units About

Brand Mission

Pure Barre's mission is to empower individuals through a transformative fitness experience that combines strength, flexibility, and community. By fostering a supportive environment, Pure Barre aims to inspire members to achieve their fitness goals while promoting a healthy lifestyle that extends beyond the studio.

Frequently Asked Questions

The initial investment for a Pure Barre franchise ranges from $265,330 to $418,980, which includes the franchise fee of $60,000 and other startup costs.