SHAPES fitness for wormen Franchise Analysis

franchise logo

SHAPES fitness for wormen is analyzed based on our most recent FDD research!

Franchise Information

Shapes Clubs are women's only fitness and offer women focused group training, individual, personal training and other fitness products and services.

What is the upfront cost to own a SHAPES fitness for wormen franchise?

SHAPES fitness for wormen has a franchise fee of up to $50,000, with a overall upfront investment range of $191,300 to $587,000.

  • Initial Franchise Fee: $50,000
  • Total Investment: $191,300 to $587,000
  • Working Capital: $20,000 to $50,000
  • Royalty Fee: 6.0%

The initial investment of any franchise includes multiple fees. Check out this investment opportunity to better understand the specific costs required to purchase a SHAPES fitness for wormen, such as territory fees, leasehold improvement costs, pre-opening, marketing, and furniture and fixtures purchases.

Can you Afford a SHAPES fitness for wormen Franchise. Complete our Affordability Calculator to find out!

How much does a SHAPES fitness for wormen franchise owner make?

As with any new franchise, there should be a reasonable return on your investment and profit potential. The specific franchise owner's salary and the earnings from a SHAPES fitness for wormen franchise will depend on a variety of factors. One way to confirm the potential revenues or profits earned from a SHAPES fitness for wormen franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as overall systemwide sales. This type of information is not always helpful to determine profits for you directly. So review overall sales data with caution. As expected, usually earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the larger profits you could anticipate. Another factor to owner's salary potential is based on the number of locations you own. If you buy multiple outlets (usually referred to as Area Development Agreements), you can expect that as you scale the next location, you will generate more revenue and profits overall. Demand for your products, your labor costs in your city, commercial lease rates and several other variables also play a large role in your profit margin and your personal salary. Your financial success are linked to the overall franchisor's success. Your returns and owner's salary is not just reliant on how well your own location operates, you need to review how well the entire franchise system is operating. Determine how the franchisor generates revenue and analyze their financial returns.

For additional information and franchise specific on the earnings of a SHAPES fitness for wormen franchise, unlock this franchise opportunity

How many franchise outlets does SHAPES fitness for wormen franchise system own?

As of the 2018 Franchise Disclosure Document, there are 6 franchised SHAPES fitness for wormen locations throughout the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any SHAPES fitness for wormen franchises in my city?

Based on 2018 FDD data, SHAPES fitness for wormen has franchise locations in 1 states.

FL

Based on the data collected this franchise opportunity is growing into new locations and might be available near you. While planning your franchise purchase, you always need to be considering where is a good location for my business. Review the potential customer base to confirm that the area you are looking at has a need or a market for this brand. Even the most popular franchised businesses have states that they are not expanding into. The reasons why a specific franchise location can fail are plentiful. You need to research not only the franchise opportunity itself, but review locations where you believe it has a more profitable opportunity.

One of our franchise experts will have detailed knowledge about this brand. Sign up to learn more and talk with our experts.

Last Reviewed: 2018

SHAPES fitness for wormen Franchise INFORMATION

Total Investment
$191,300 - $587,000
Franchise Fee
$50,000
Franchise agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchise outlet growth
2014
7
2017
6
Ongoing fees
Royalty
6.0%
ad fees
2.0%
# of franchised outlets
6

ADDITIONAL QUESTIONS

Does this franchise provide any initial training and opening assistance?

Yes, they have an initial training program of 60 hours. This includes 30 hours of classroom training, 30 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online N/A
On-the-Job 30
Classroom 30
Total 60

Does this franchise offer Territory Rights?

SHAPES fitness for wormen offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.

Do they have computer and technology support in place?

Yes, SHAPES fitness for wormen offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did they begin franchising?

They began franchising in 2013. The average Fitness and Gym franchise began franchising in 2013.


Does SHAPES fitness for wormen offer lending options?

No, but you can click here to fill out our affordability calculator and understand your financing options.

Create your FREE account to access additional data on SHAPES fitness for wormen, and more!
Franchise Grade is committed to providing consulting and support that can help you make confident franchise investment decisions.
Finding the best franchise means comparing several franchise opportunities to determine the best business for you.
Unlock this opportunity for instant access to our research reports, including:
  • Growth analysis
  • Turnover analysis
  • Financial details
  • Initial and renewal terms
  • Royalties and marketing fees
  • Important Franchise FAQs
Need more reasons?
  • Our grade and free access to consult with a franchising expert
  • What are the historical franchisee profits?
  • Do they provide Veteran or First Responder discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Is this brand related with any other franchise opportunities or private equity investment groups?
  • How many new outlets have they opened within the last 5 years?
  • How many franchised outlets have closed within the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have terminated within the last 5 years?
  • Do they operate any company or affiliate owned outlets?
  • How many years is their initial and renewal term lengths?
  • How does the franchisor avoid litigation and lawsuits?
  • How long have they been franchising?
  • Are they expanding into Canada or other Countries?
  • How are the royalty, advertising and marketing funds administered and managed by the franchisor?
  • What are the territory protections the franchisor provides you?
  • What support can you expect to receive from the franchisor?
  • Why has new franchisee growth been so high?
  • What are the important requirements for operating a successful franchised location in this system?
  • Are you required to work as an owner-operator or is this a passive investment opportunity?
  • Will they refund any upfront fees under certain circumstances?
Access is 100% free, instant, and unlimited!