AKT is a fitness studio offering indoor AKT classes and specialized exercise programs using designated equipment. The franchise delivers high-energy, cardio-based workouts for diverse fitness levels.
Key Insights
- AKT began as a passion project, evolving from its founder's personal fitness journey to a recognized fitness studio concept. It has since expanded its reach, offering a unique approach to movement and wellness within dedicated studio spaces. The business has grown through a commitment to its core principles.
- The franchise operates a studio model focusing on a signature blend of dance, strength, and Pilates. Classes are designed to be inclusive and adaptable, catering to individuals seeking an engaging and effective workout. Studio operations involve trained instructors and a supportive community environment.
- The fitness industry encompasses a broad range of activities and facilities aimed at promoting physical health and well-being. This sector includes boutique studios, large gyms, and digital fitness platforms. Demand exists for specialized fitness experiences that offer distinct benefits and methodologies.
Franchise Fee and Costs to Open
Exploring the financial picture of AKT gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $150,695 - $495,516, along with a franchise fee of $0 - $60,000.
Financial Performance and Revenue
Yearly gross sales of $290,586 and estimated earnings of $43,588 - $52,306 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.2-9.2 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
AKT provides comprehensive initial training for new franchisees. This immersive program, lasting two weeks, takes place at AKT's headquarters. The franchisor offers extensive resources covering operational best practices, marketing strategies, and system implementation. AKT recommends utilizing these provided materials to foster successful business launch and ongoing growth.
Legal Considerations
Legal considerations for a AKT franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating an AKT franchise involves navigating a dynamic local market, where understanding existing fitness options and consumer preferences is key. The operational model, including class scheduling and staff management, requires efficient systems. Additionally, ensuring consistent access to necessary equipment and branded apparel relies on established supply chains.
Franchise Datasheet
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