Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

  • Anytime Fitness
  • CruiseOne
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  • Jimmy John's
  • Massage Envy
  • Menchie's
  • Orange Leaf Frozen Yogurt
  • Planet Fitness
  • The UPS Store
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  • And Hundreds More...

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Franchise Costs: Detailed Estimates of The Barre Code Franchise Costs (2017 FDD)

by Franchise Chatter on September 19, 2015

in Fitness Franchises, Franchise Costs



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The Barre Code Photo by courier-journal.com

This post was updated on July 9, 2017 to reflect information from The Barre Code’s 2017 FDD (Item 7).

Detailed Estimates of The Barre Code Franchise Costs Based on Item 7 (Estimated Initial Investment) of The Barre Code’s 2017 Franchise Disclosure Document

  • The amount is broken into a low and a high end for both a one or two room studio concept. The differentiation in range depends on the market, local third party pricing, and willingness of landlord contribution.

1.  Initial Franchise Fee:  $39,500 to $49,500



  • The Initial Franchise Fee for a one-room Studio concept is $39,500. The Initial Franchise Fee for a two-room Studio concept is $49,500.

2.  Initial Interior Build-Out (including soundproofing):  $60,000 to $80,000

  • Initial interior build-out cost includes electrical, flooring, plumbing, demolition, cooling/heating systems, and other costs associated with initial leasehold improvement.

3.  Interior and Exterior Signage:  $7,000 to $11,000

4.  Millwork (front desk, vanity, equipment station):  $10,000 to $15,000

  • The millwork includes the front desk, equipment station, and vanity area.
  • The figures in the table reflect the purchase of new furniture, fixtures, and equipment since the franchisor anticipates that you will be purchasing new equipment for your Studio.
  • The cost of installation and shipping of the furniture, fixtures, and equipment are not included in this figure.

5.  Furniture, Fixtures, and Equipment (lockers, benches, barre, flooring, aesthetics, and mirrors):  $25,000 to $50,000

  • The furniture, fixtures, and equipment include the barres, mirrors, benches, lockers, flooring, and any other cosmetic or aesthetic inventory that contributes to bringing the Studio up to The Barre Code standards.
  • The figures in the table reflect the purchase of new furniture, fixtures, and equipment since the franchisor anticipates that you will be purchasing new equipment for your Studio.
  • The costs of installation and shipping of the furniture, fixtures, and equipment are not included in this figure.

6.  Utilities:  $500 to $1,000

  • Utilities include gas service, electric service, and other utilities as you might need to operate your Studio.

7.  Computer Equipment and Office Supplies:  $7,000 to $12,000



  • The computer equipment and office supplies necessary for the operation of your Studio include computers, software, telephones, printers, cash registers, scan tags, filing cabinets, pens, paper, and other types of computer equipment, source equipment, and office supplies.

8.  Sound System and Equipment:  $5,000 to $10,000 ($2,000 for system but $3-5K for install)

  • The sound system for the operation of your Studio includes the sound system itself, speakers, iPads, microphones, remote controls, and other sound equipment that may be necessary for the operation of your Studio.
  • The cost of installation will vary, but it is included in the range estimated above.

9.  Initial Inventory of Retail Merchandise:  $1,500 to $3,500

  • Initial inventory of retail merchandise consists of various branded fitness equipment, branded apparel, beverages, and other merchandise or products sold by the Studio.

10.  Business Licenses and Permits:  $2,000 to $7,000

  • You must obtain state and local licenses and business licenses.

11.  Floor Planning (AES + Construction Documents):  $5,500 to $8,500

  • The floor planning, which is done through a third party firm, Architectural Environments Studio (“AES”), creates the floor plan/test fit for your Studio. This includes the initial floor plan with up to three layout options and up to three revisions for the selected option.
  • AES also creates the schematic design plans for your selected location. This includes the title sheet, demolition plan, construction plan, reflected ceiling plan, elevations, details, sections (as required), room finishes, and door schedules.
  • Construction documentation will need to be performed by a local architectural firm. The construction and permit plans for structural work may be required for permitting. State and local requirements all vary depending on location.

12.  Professional Fees (Legal/Accounting):  $8,000 to $10,000

  • This includes fees for legal (e.g. franchise documentation review) and start-up costs associated with the franchisee’s new corporate entity.

13.  Insurance:  $2,500 to $3,000



  • You must obtain and maintain certain types and amounts of insurance. The estimates contemplate a an annual installment.
  • These estimates also include an allocation of the premium you must pay in connection with the workers’ compensation insurance you are required to obtain for your employees.

14.  Training (Living and Travel Expenses):  $5,500 to $7,000

  • This includes transportation, food, lodging, and other expenses that you (or your Operating Partner), your Master Trainer, and, if required, any employee or instructor, incur in attending the Owner Training.
  • This figure also includes the transportation, food, lodging, and other expenses incurred by the franchisor’s trainers and staff in traveling to your Studio to provide Instructor Training.
  • You will also be responsible for the transportation, food, and lodging required for The Barre Code’s training team to come to your Studio for both the Bootcamp Weekend during week one and continued training during week 5.

15.  Pre-Opening Advertising:  $3,500 to $7,000

  • The Franchise Agreement requires you to spend a minimum of $3,500 as your Grand Opening Expenditure during the Grand Opening Period.
  • You must also conduct an advertising program the franchisor approves before you begin offering or selling memberships prior to opening your Studio. The franchisor estimates that you may, depending on the mediums chosen by you, spend up to $7,000 on advertising prior to opening your Studio, which amounts count towards your Grand Opening Expenditure.

16.  Rent and Lease Deposit:  $10,000 to $26,000 (both include 1 month’s rent, plus security deposit)

  • A suitable building for a freestanding Studio will range in size from approximately 1,800 square feet to 3,200 square feet and will likely cost from $60,000 to $96,000 per year.
  • The lease estimate in the table is for a 3-month period, and includes a one-month rent deposit, which the franchisor estimates will range from $4,000 to $7,000.

17.  Additional Funds/Operating Expenses for 3 Months:  $5,000 to $10,000

  • This item estimates your initial start-up expenses (other than the items identified separately in the table) for your Studio’s first 3 months of operation, including miscellaneous supplies and equipment, payroll costs (but not any draw or salary for you or your Operating Partner), and other miscellaneous costs.

18.  Total Estimated Initial Investment:  $197,500 to $310,500

  • The estimated initial investment figures shown above for constructing and opening a Studio are based primarily on the costs incurred by the franchisor’s affiliates in opening 7 Company Studios.

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