Your Next Steps
Next Steps
Your next steps
The Process
We’ve given you a great deal of information about the Bodystreet franchise, and what a unique opportunity it could be for you. If you have any questions, please feel free to contact us at any time – we are always more than happy to talk about our business and how we could work together.
Joining a franchise is a big decision, and you should carefully consider if this is the right opportunity for you. We don’t want to put any pressure on you, as we only award franchises to those who are 100% committed to putting in all the time and effort necessary to make our business model work for them.
If you’re ready to take the next step, here is how to proceed:
Step 1 – Get in touch
We’re here to help with any questions you have about the business and the opportunity. You’re under absolutely no obligation at this stage – we just want to help you with any information you need to consider if this is the right franchise for you.
Step 2 – Arrange a Discovery Meeting
This is your opportunity to bring up any questions that you have, and make sure that you have everything you need. It is also our opportunity to learn more about you, your skills, and your expectations.
Step 3 – Attend a Studio Session
We will arrange for you to come and visit us at one of our studios so that we can show you around and discuss all the most important and confidential information that we cannot give you over the phone. It’s also a great opportunity for us to get to know each other face-to-face and make sure that we’re happy to take things further.
Step 4 – Review and Assess
At this stage, we will need to focus on arranging the finance and making sure that you have the resources necessary for the franchise. We will also be carrying out our own reviews before awarding you a franchise. This is also your opportunity to carry out your own research too. At the end of this process, we will be able to confirm that we can award you a territory and lay out the final steps to opening your new franchise.
Step 5 – Signing the Agreement
All being well, both of us will now be prepared to work together and take this forward. We can sign a franchise agreement and work closely with you to put everything in place for your new franchise. We will also help you draw up a detailed business plan for your new territory and help you to secure your studio premises.
Step 6 – Start Your Training
Set a date to start your training, and take the first steps towards running your own Bodystreet boutique fitness studio!
FAQs:
How long does the entire process take from the initial inquiry to the opening of the franchise?
The timeline can vary depending on various factors, but typically the process can take several months. This includes meetings, assessments, financing, and training.
What financial support or advice is available to potential franchisees?
We guide you with securing the necessary financing for your franchise. This includes assistance with business planning and introductions to financial institutions familiar with our business model.
What are the costs involved in opening a Bodystreet franchise?
Costs can vary depending on the location and size of the studio. Initial costs typically include the franchise fee, studio setup costs, equipment, and initial marketing expenses. Detailed cost estimates will be provided during the assessment stage.
What kind of marketing support will I receive?
Bodystreet provides comprehensive marketing support, including national marketing campaigns, social media strategies, and local marketing guidance to help you attract and retain clients
Do I need prior experience in the fitness industry to open a Bodystreet franchise?
While prior experience in the fitness industry can be beneficial, it is not required. Our comprehensive training program will equip you with the knowledge and skills needed to run a successful Bodystreet studio.
What are the ongoing fees or royalties associated with the franchise?
Franchisees are required to pay ongoing royalties, which are a percentage of the studio’s revenue. These fees cover continued support, marketing, and brand development.
How is the territory for my franchise determined?
Territories are determined based on demographic research and market potential to ensure each franchise has a viable client base. We will discuss and agree on a suitable territory during the review process.
What happens if I decide to sell my franchise in the future?
If you decide to sell your franchise, we will assist you in the process for a quick transition. This includes finding potential buyers and facilitating the sale.
What kind of technology and software will I use in my studio?
We provide state-of-the-art technology and software to manage client bookings, monitor performance, and streamline operations. Training on these tools will be provided during the initial training program.