If you’re contemplating making a living from the lucrative fitness industry with a Bootcamp Pilates franchise, here’s all you need to know.
When investing in a franchise, you’re bound to be swamped with questions and concerns that you’ll want an answer to. That’s why we thought it would be beneficial to clear up some of the franchise’s most frequently asked questions from potential franchisees.
1. Is franchising the best option for me?
Franchising is a fantastic way for you to become your own boss with the support of an established brand. Bootcamp Pilates said: “We’ve already solved many of the problems, so you can focus on running a successful business in the knowledge that we’re with you all the way.”
2. How will my territory be protected?
“Each franchisee is awarded sole rights to their own territory, which will be pre-determined by an extensive radius that will offer plenty of opportunities for your business to thrive.”
Of course, Bootcamp Pilates doesn’t want franchisees to be in competition against each other, so other franchisees won’t be able to do any marketing in your studio’s radius.
3. How many staff members will I need?
This will depend on your individual business’ set-up and the number of classes you’ll be offering. But you’ll usually need a receptionist for the front of house and to help carry out tasks when you’re not around, as well as a full-time head trainer and three part-time trainers.
4. If my circumstances change, can I sell my franchise?
“Yes. One of the benefits of owning a business is the ability to sell it, so that you can receive the capital appreciation you have built up over time. Understandably, we’ll want to approve the proposed new owner.”
5. Do I have to buy BCP-approved equipment?
“Since 2005, BCP has delivered reformer sessions to over 50,000 people, so we are confident about our knowledge of the best machines for the job. We’ve also studied the design of all the professional third-party reformers very closely.”
Bootcamp Pilates has negotiated a 15 percent discount on all equipment with Balanced Body Sacramento Headquarters that you can benefit from.
Hopefully, this has helped clarify some of your main questions surrounding investing in a Bootcamp Pilates franchise. If you need to remind yourself of the investment information or any other aspect of the opportunity, you can view its client page here.
Becky Martin, Point Franchise ©