Curves Franchise

The Curves Exercise Franchise.

The Curves exercise franchise is one of the fastest growing franchises in the world. The business itself started in 1992 when a couple opened a small gym in a little town in Texas. This gym was co-ed, but struggled to find its footing. Eventually the wife realized that there were less women visiting their gym than men. She later realized that it would be beneficial to have a gym for women only. The couple later opened their first women only gym and it was an almost immediate success.

 The Curves exercise franchise began spreading across the United States within a few years. Before long the first Curves exercise franchise opened in Canada. Later the company expanded into other countries and became a worldwide phenomenon. In the US alone there are franchises in all fifty states, plus over one hundred different countries.

Opening a Curves exercise franchise can be a simple prospect. That is one of the reasons why it has been named one of the top ten fastest growing franchises for two consecutive years straight. Potential owners are required to make an initial investment of around $40,000 as well as passing a few checks as required by the company. They will need to pass both a criminal or background check, and a credit check. Potential owners will also need to pay the initial investment, and monthly fees.

The monthly fees for a Curves exercise franchise fall into two different areas. One area of monthly fees for a Curves exercise franchise is known as advertising fees, while the other is known as royalty fees. Both types of fees are based not on the profits of the gym, but the overall revenue generated by the gym every month. That means that the owner’s profits may be limited each month because a large portion of their money is going back into the corporation and not their own pockets. To limit this, the Curves exercise franchise has set a minimum and maximum amount for each of the fees.

Royalty fees for a Curves exercise franchise are based on 5% of the revenue. This amount is considered as the amount needed to use the Curves name. An advertising fee is 3% of the monthly revenue, and is the amount paid to capitalize on the advertising used by the company itself. It is thought that the advertising used through products, books, television, magazines, media ads, and print ads are free advertising for their private business. To utilize this advertising the owner is required to make a monthly fee.

There are a number of things to consider before opening a Curves exercise franchise. This article looks at only a few of those things. There is a large initial payment required, along with monthly fees and start up costs. However there is no doubt that the Curves exercise franchise is one of the fastest growing franchises in the world today. There are a large number of owners who have had much success and made a large profit by opening a Curves exercise franchise.